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    520 E Pikes Peak Ave Colorado Springs, CO 80903

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    For Lease
    $12 SF/Yr ($6,000 /Mo)

    Fully built-out bar, brewery, distillery, taproom, and event venue.

    Property size:
    6,000 SF
    Lot size:
    0.23 Acres

    Property Features for 520 E Pikes Peak Ave

    General Information

    Size
    6,000 SF
    Lot size
    0.23 Acres

    Source: Olive Real Estate Partners, Inc. Agent Michael J. Scruggs II

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

    Overview

    Downtown Colorado Springs Venue Space

    The property at 520 E Pikes Peak Avenue, located in Downtown Colorado Springs, offers a 6,000-square-foot space suitable for bars, restaurants, retail, breweries, and industrial purposes. This fully built-out and operational venue is equipped for use as a bar, brewery, distillery, taproom, and event location. The facility combines industrial character with modern comforts, presenting a plug-and-play setup for craft beverage producers, event operators, or hospitality groups. It features an outdoor patio area with custom metal fencing and a plumbed gas fire pit, a fully operational bar with custom wood finishes, ample seating, and an open lounge area. Additionally, the property includes a commercial-grade production space with floor drains and ample storage. Building signage and a high-visibility location enhance the property's appeal.
    Location Intelligence

    Current Use by Public Records

    1350 Distilling Distillery

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

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

    Similar Places Nearby

    Cloud 9 Hookah Lounge, AXC, 40 Thieves Hookah Lounge, Vine & Wheel, Atomic Cowboy home of Denver Biscuit Co & Fat Sully's NY Pizza

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.83524
    Latitude
    38.834602

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    FAQs

    What type of property is this?
    Bar - Fully built-out bar, brewery, distillery, taproom, and event venue.
    Where is this bar located?
    The property is located at 520 E Pikes Peak Ave Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Fully built-out and operational bar, brewery, distillery, taproom, and event venue.; - Located in Downtown Colorado Springs with high-visibility location.; - Rare plug-and-play setup for craft beverage producers, event operators, or hospitality groups.
    (719) 598-3000
    Request Owner's contact information
    520 E Pikes Peak Ave Colorado Springs, CO 80903
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    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
    520 E Pikes Peak Ave Colorado Springs, CO 80903
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