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116 N Nevada Ave, Colorado Springs, CO 80903

Downtown property with office and retail improvements under FBZ-CEN and FBZ-T1 zoning.

Property Size36,512 SF
Price / SF$95.86
Days on Market6

Property Features for 116 N Nevada Ave

General Information

Standard status Active
Size 36,512 SF
Property subtype Land, Office, Retail
Zoning 116 - FBZ-CEN, 128 - FBZ-T1
Investment Type Owner/User

Building Details

Buildings 2
Tenancy Multi
Listing Agency: SOCO Commercial Real Estate, LLC
Listed By: Russell Stroud · License #FA40033398
Source: Crexi
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 8:21AM

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 SOCO Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This commercial land offering includes existing office and retail buildings together with an additional lot. The property is positioned in the historic downtown area of Colorado Springs and carries two zoning designations: FBZ-CEN and FBZ-T1. The address is 116 N Nevada Ave, with the property information identifying a total property size of 36,512.

Key Highlights

  • Office and retail buildings included with the commercial land
  • Additional lot supports redevelopment or owner‑user planning
  • Zoned FBZ‑CEN and FBZ‑T1

Property Analytics

Current Use

Vintage Co Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pharmacy Garden Center Clothing & Fashion Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,815
Businesses Nearby

Demographics for 80903, CO

15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Downtown property with office and retail improvements under FBZ-CEN and FBZ-T1 zoning.
Where is this commercial land located?
The property is located at 116 N Nevada Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Office and retail buildings included with the commercial land; Additional lot supports redevelopment or owner‑user planning; Zoned FBZ‑CEN and FBZ‑T1
(719) 888-9901 Call to check price and availability
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