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    2207 Bott Avenue Colorado Springs, CO 80904

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    For Sale
    $2,295,000

    COMMERCIAL - Colorado Springs, CO

    Type:Retail
    Property size:
    4,626 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $496/SF
    Added:
    Mar 16, 2026
    Days on Market:
    48
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 2207 Bott Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Size
    4,626 SF
    Lot size
    0.62 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11916

    Building Details

    Year built
    2016

    We can help!

    Listing Contact
    Brent Hedrick

    Listing agent Brent Hedrick License #100075111

    Listing office Great Western Ranch & Land LLC 400 W Midland Ave Ste H-100, Woodland Park, CO

    Listing date Mar 16, 2026

    MLS# 4191019

    Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity

    Located on the desirable Westside of Colorado Springs, this commercial property is a modern restaurant facility. Situated on 0.62 acres between Bear Creek Regional Park, US Highway 24, and Red Rock Canyon Open Space, the property offers views of Pikes Peak and the surrounding mountains. The facility totals 4,626 square feet, consisting of an original 2,310 square foot barn-style building constructed in 2016 and a 2,313 square foot addition completed in 2022. The current concept allows patrons to dine with and exercise their dogs in a space rated for a combined occupancy of 279 people. The building is equipped with a full-service kitchen and sizeable bar, a walk-in cooler, indoor and outdoor dining, expansive pet exercise areas and ample onsite and street parking. The property is being offered on a turnkey basis, including all real estate, business components, FF&E, merchandise, and inventory at the time of sale. The property could accommodate an alternate restaurant style. The property maintains a loyal following and is a repeat recipient of the "Best of Colorado Springs" awards.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pub Dog Colorado Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hard Act Entertainment — 116 Celestine St, Colorado Springs, CO 80905
    • South Park Brewing — 2028 Sheldon Ave, Colorado Springs, CO 80904
    • Mill Hill Saloon — 1668 S 21st St, Colorado Springs, CO 80904
    • XITE THC — 1540 S 21st St, Colorado Springs, CO 80904
    • Pub Dog Colorado — 2207 Bott Ave, Colorado Springs, CO 80904

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8629807
    Latitude
    38.8404218

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    FAQs

    What type of property is this?
    Bar & Pub - Modern restaurant with pet exercise areas and mountain views.
    Where is this bar & pub located?
    The property is located at 2207 Bott Avenue Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: Turnkey restaurant business opportunity including real estate, business components, FF&E, merchandise, and inventory.; Modern restaurant facility built in 2016 with a significant addition in 2022 on 0.62 acres.; Unique concept allowing patrons to dine with and exercise their dogs, with a combined occupancy of 279 people.
    (877) 497-2624
    We can help!
    Listing Contact
    Brent Hedrick
    Real Estate License ID: 100075111
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2207 Bott Avenue, Colorado Springs, CO 80904

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