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    3501 W Colorado Ave Colorado Springs, CO 80904

    For Sale
    $699,000

    COMMERCIAL - Colorado Springs, CO

    Lot size:
    0.45 Acres
    Days on Market:
    234
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 3501 W Colorado Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.45 Acres

    Building Details

    Year built
    1946

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Lana Rodriguez (719) 644-8900

    Listing date Apr 17, 2025

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westside Redevelopment Opportunity

    Located on the west side of Colorado Springs, the property at 3501 W Colorado Ave presents a redevelopment opportunity. The site is located minutes from Garden of the Gods. The current structure includes 10 units, with 9 motel rooms and 1 single-family home. Zoned C5, the property allows for multiple investment strategies. The interiors have already been demoed with some plumbing rough-ins completed. The lot size is 0.45 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ridgeview Motel Motel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Red Rock Caboose, Roadway Inn, Albaro Lopezgarcia, Red Rocks Barn - Wedding Venue & Event Center, Vacay On The Ave

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.88477
    Latitude
    38.856408

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    FAQs

    What type of property is this?
    Motel - Prime location near Garden of the Gods, redevelopment potential.
    Where is this motel located?
    The property is located at 3501 W Colorado Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime Westside Location: Minutes from Garden of the Gods and other top attractions.; - High Redevelopment Potential: Zoned C5, allowing for multiple investment strategies.; - Existing Structure: Includes 9 motel rooms and 1 single-family home.
    (719) 644-8900
    Request Owner's contact information
    3501 W Colorado Ave Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    3501 W Colorado Ave Colorado Springs, CO 80904
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