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    517-523 S Tejon St Colorado Springs, CO 80903

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    For Lease
    $22 SF/Yr ($2,966 /Mo)

    Versatile 1,618 SF retail space in walkable downtown location.

    Property size:
    1,618 SF
    Lot size:
    0.44 Acres

    Property Features for 517-523 S Tejon St

    General Information

    Size
    1,618 SF
    Lot size
    0.44 Acres

    Source: Miramont Commercial Real Estate Agent Simon Penner

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

    Overview

    Downtown Retail Space For Lease

    This leasing opportunity features 1,618 square feet of retail space. The unit is located across from the Trolley Block, an area known for its restaurants and bars. The space is described as clean and well-lit. A non-reserved shared parking lot is located at the rear of the property, available for use by employees or customers.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.823826
    Latitude
    38.826598

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    FAQs

    What type of property is this?
    Retail space - Versatile 1,618 SF retail space in walkable downtown location.
    Where is this retail space located?
    The property is located at 517-523 S Tejon St Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Location: Across from the highly walkable Trolley Block with numerous restaurants and bars.; - Rare Small Retail Space: 1,618 SF, a hard-to-find size in Downtown.; - Versatile and Well-Maintained: Clean and well-lit unit suitable for various retail uses.
    (719) 229-1585
    Request Owner's contact information
    517-523 S Tejon St Colorado Springs, CO 80903
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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
    517-523 S Tejon St Colorado Springs, CO 80903
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