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323 Iowa Ave 3,024 SF Industrial Building Colorado Springs, CO 80909 $740,000 ($244.71/SF)
INVESTMENT HIGHLIGHTS
- Located just off Highway 24 with easy downtown access
- Fenced yard ideal for secure storage or vehicle staging
- Paint booth included for collision and hail repair services
- Two drive-in doors and high ceilings for flexible operations
- Zoned MX-L for mixed commercial/light industrial use
- Strong owner-user potential in a central Colorado Springs location
EXECUTIVE SUMMARY
Positioned just north of Highway 24 and minutes east of downtown Colorado Springs, 323 Iowa Avenue presents a rare opportunity to acquire a standalone auto shop with a proven business history and flexible layout. This 3,024 SF building sits on an 8,000 SF fenced lot and is ideally suited for owner-users seeking a collision and hail repair facility, complete with a paint booth and high ceilings that support a variety of automotive or light industrial uses.
The property features two drive-in doors, a small office area, and a predominantly warehouse-style configuration, offering operational efficiency and adaptability. Zoned MX-L, the site allows for a mix of commercial and light industrial uses, making it a strategic investment for entrepreneurs or expanding service providers.
Its central location ensures excellent visibility and accessibility, with close proximity to major thoroughfares including Highway 24, Fort Carson, and Cheyenne Mountain. The fenced yard adds security and outdoor utility, while the building’s standalone nature enhances branding and signage potential.
Whether you're an established operator or a new entrant to the market, this property offers a compelling combination of location, functionality, and value.
The property features two drive-in doors, a small office area, and a predominantly warehouse-style configuration, offering operational efficiency and adaptability. Zoned MX-L, the site allows for a mix of commercial and light industrial uses, making it a strategic investment for entrepreneurs or expanding service providers.
Its central location ensures excellent visibility and accessibility, with close proximity to major thoroughfares including Highway 24, Fort Carson, and Cheyenne Mountain. The fenced yard adds security and outdoor utility, while the building’s standalone nature enhances branding and signage potential.
Whether you're an established operator or a new entrant to the market, this property offers a compelling combination of location, functionality, and value.
PROPERTY FACTS
| Price | $740,000 | Rentable Building Area | 3,024 SF |
| Price Per SF | $244.71 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1984 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.31/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.18 AC | Cross Streets | E Boulder St |
| Zoning | MX-L - Mixed commercial/light industrial use | ||
| Price | $740,000 |
| Price Per SF | $244.71 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.18 AC |
| Rentable Building Area | 3,024 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 3.31/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | E Boulder St |
| Zoning | MX-L - Mixed commercial/light industrial use |
AMENITIES
- Yard
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 64162-09-050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $95,220 |
PROPERTY TAXES
Parcel Number
64162-09-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$95,220
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323 Iowa Ave
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