Downtown Gateway Assemblage of 2 Lots 1 Retail Properties Offered at $2,707,500 in Colorado Springs, CO

2 & 8-14 E BIJOU STREET is a rare gateway opportunity at the I-25 entrance to Downtown Colorado Springs. This 14,250 SF two-parcel corner assemblage sits at Cascade Avenue and Bijou Street, steps from Tejon Street’s dining, retail and entertainment corridor, Acacia Park, and a thriving certified Creative District.
The 7,640 SF multi-tenant retail building at 8-14 E Bijou St provides in-place income while the adjacent parking lot at 2 E Bijou St offers immediate development potential, giving investors the flexibility to build, hold, or both. FBZ-COR zoning allows mixed-use development.
Its location within both an Opportunity Zone (incentive expiring October 2026) and Enterprise Zone provides a compelling tax incentive stack rarely found on a site of this visibility and scale.
Property Information:
Sale Price: $2,707,500 ($190 PSF)
Total Site Size: 14,250 SF (2 parcels)
2 E Bijou Street (Parking Lot): 5,625 SF
8-14 E Bijou Street: 7,640 SF Retail Building on 8,625 SF Lot
Zoning: FBZ-COR (Form Based Zone - Corridor)
Current Income: ~$100,000 / yr
Easy access to and from I-25 with great visibility
Great identity at the corner of a very busy intersection, near the entrance to Downtown.
Opportunity Zone: Special tax incentives to draw long-term investment to the community by providing deferred capital gains taxes or tax breaks to incentivize capital investment in Opportunity Funds. (Incentive expiring October 2026)
Enterprise Zone: Businesses are eligible for state income tax credits and sales and use tax exemptions for specific business investments.
Located in between Hilton Garden Inn & city parking garage