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620 S Cascade Ave Colorado Springs, CO 80903

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For Sale
$3,000,000

Office property with historic character and adaptive reuse potential.

Building Details

Year built
1984

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Listing Contact
Doug Carter
Source: Svn

Listing Agent: Doug Carter

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Unique Office Property in Downtown

Cascade Station is a unique office property offering flexibility for owner-users or investors interested in an adaptive reuse project. The building, designed by John P. Nelson in the 1980s, resembles a 19th-century train depot, incorporating reclaimed sections from the old Manitou Springs train depot. Located in downtown Colorado Springs on Cascade Avenue, it provides convenient access to I-25, major city thoroughfares, and a growing array of amenities. The property is situated one block from Weidner Field Stadium and four blocks from the El Paso County Courthouse, offering easy access to the expanding downtown district and proximity to restaurants, retail establishments, and new multi-family developments. Minutes from the city’s core, Colorado College, and local parks, Cascade Station benefits from strong drive-by traffic and a walkable location, providing convenience and high exposure for businesses and tenants. The property is located within the Pikes Peak Enterprise Zone, making for-profit businesses eligible for Colorado state income tax credits for activities such as equipment purchases, employee hiring and training, and research and development. The property has a fenced parking lot with 25 spaces and abundant street parking. The building contains 14,078 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Emily Rademan Physician Clean Energy Parts Distribution Center Burbach Jean A Physician Sharon River Hansen Counselor Jason Wells, Ph.D. Psychotherapist

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.8263565
Latitude
38.8248345

FAQs

What type of property is this?
Office building - Office property with historic character and adaptive reuse potential.
Where is this office building located?
The property is located at 620 S Cascade Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: - Prime Downtown Location: Easy access to I-25, Weidner Field Stadium, El Paso County Courthouse, restaurants, retail, and new multi-family developments.; - Owner-User or Adaptive Reuse Potential: Flexible space with income potential.; - Pikes Peak Enterprise Zone: Eligible for Colorado state income tax credits.
More about this property
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