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802 S Nevada Ave
Colorado Springs, CO 80903
Office Property For Sale
Executive Summary
• Three-unit mixed-use property featuring two residential units and one commercial/office unit.
• Flexible investment opportunity with the ability to generate income from both residential and commercial tenants.
• Office suite available for immediate occupancy, providing an attractive option for an owner-user seeking to offset occupancy costs with residential rental income.
• Two residential units provide built-in income potential and diversification across multiple tenants/use types.
• Ideal for professional office users, small businesses, investors, or buyers seeking a live/work opportunity.
• Highly visible S. Nevada Avenue location with convenient access to Downtown Colorado Springs and surrounding amenities.
• Multiple potential ownership strategies — occupy the office while leasing the residential units, lease all three units for investment income, or reposition the property over time.
• Rare small mixed-use acquisition opportunity along the S. Nevada corridor.
• Residential component provides an additional income stream not typically available with a traditional small office acquisition.
• Well-suited for investors and owner-users looking for flexibility, income diversification, and long-term upside.
• Flexible investment opportunity with the ability to generate income from both residential and commercial tenants.
• Office suite available for immediate occupancy, providing an attractive option for an owner-user seeking to offset occupancy costs with residential rental income.
• Two residential units provide built-in income potential and diversification across multiple tenants/use types.
• Ideal for professional office users, small businesses, investors, or buyers seeking a live/work opportunity.
• Highly visible S. Nevada Avenue location with convenient access to Downtown Colorado Springs and surrounding amenities.
• Multiple potential ownership strategies — occupy the office while leasing the residential units, lease all three units for investment income, or reposition the property over time.
• Rare small mixed-use acquisition opportunity along the S. Nevada corridor.
• Residential component provides an additional income stream not typically available with a traditional small office acquisition.
• Well-suited for investors and owner-users looking for flexibility, income diversification, and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,900 SF
Building Class
B
Year Built
1899
Price
$695,000
Price Per SF
$365.79
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
633 SF
Building FAR
0.48
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
FBZ-T1 - FBZ
Parking
4 Spaces (2.11 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 64192-10-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,420 |
Property Taxes
Parcel Number
64192-10-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$97,420
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