Downtown Retail Storefront
101 N Tejon St Colorado Springs, CO 80903
101 N Tejon St, Colorado Springs, CO, 80903
Contact for pricing
For Sale
Contact for pricing
Retail storefront unit with south-facing floor-to-ceiling windows and streetside metered parking nearby.
Property Size3,066 SF
Price / SF$256.03
Days on Market408
Property Features for 101 N Tejon St
General Information
- Standard status
- Active
- Size
- 3,066 SF
- Property subtype
- RETAIL
Properties For Sale
at 101 N Tejon St Contact us
Listing agency
Miramont Commercial Real Estate
(719) 229-1585
Listed by
Simon Penner
(719) 229-1585
Source
Moodyscre
Added: Jun 10, 2025 Updated: Jul 21 at 10:31PM Checked: Jul 21 at 10:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miramont Commercial Real Estate
Investment Insights
Based on property information with market context.
This downtown retail storefront unit offers southern-facing, floor-to-ceiling windows designed for strong visibility to street activity. The property is described as a “condo unit,” and it includes streetside metered parking in the immediate area.
The location is near a pedestrian-dense corner of N. Tejon and Kiowa Street, with a public parking garage just across Kiowa. The public remarks also note zoning of FBZ, which allows for multiple use types including office, retail, or service-related businesses.
Offered for sale (transaction type “for sale”), this is a flexible retail space option for buyers or tenants looking for a storefront format with prominent frontage and access to public parking.
The location is near a pedestrian-dense corner of N. Tejon and Kiowa Street, with a public parking garage just across Kiowa. The public remarks also note zoning of FBZ, which allows for multiple use types including office, retail, or service-related businesses.
Offered for sale (transaction type “for sale”), this is a flexible retail space option for buyers or tenants looking for a storefront format with prominent frontage and access to public parking.
Key Highlights
- Retail space in downtown Colorado Springs near the pedestrian‑dense corner of N. Tejon and Kiowa St.
- South‑facing floor‑to‑ceiling storefront windows with retail frontage.
- Streetside metered parking nearby.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $18.00 |
| − Vacancy | −$2.5k | −$0.81 |
| EGI | $52.7k | $17.19 |
| − OpEx | −$15.8k | −$5.16 |
| NOI | $36.9k | $12.03 |
3,066 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$527.0K
$461.2K – $614.9K
NOI $36,893 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$605.5K
$529.8K – $706.4K
NOI $42,384 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stone Gable Realty
Real Estate Agency
SevSells
Real Estate Agency
The Rabbit Hole
Restaurant
Max Hobbs - Colorado ...
Real Estate Agency
Bonny and Read Seafood
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- KAE | Event Studio & Floral Boutique — 120 Pueblo Ave, Colorado Springs, CO 80903
- Fantastic Flowers — 714 E Vermijo Ave, Colorado Springs, CO 80903
- Snev Florist — 330 S Nevada Ave, Colorado Springs, CO 80903, United States
- Colorado Springs Field Fresh Florist in Colorado Springs, Colorado — W Colorado Ave, Colorado Springs, CO 80903, United States
- Bloom Bar & Co. Craft Floral Boutique — colorado springs, co 80903
FAQs
What type of property is this?
Storefront property - Retail storefront unit with south-facing floor-to-ceiling windows and streetside metered parking nearby.
Where is this storefront property located?
The property is located at 101 N Tejon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Retail space in downtown Colorado Springs near the pedestrian‑dense corner of N. Tejon and Kiowa St.; South‑facing floor‑to‑ceiling storefront windows with retail frontage.; Streetside metered parking nearby.
