Retail Building Near E
For Sale
Contact for pricing
227 Bonfoy Ave, Colorado Springs, CO
2,010 SF retail building constructed in 1981 for sale.
Property Size2,010 SF
Lot Size0.24 Acres
Price / SF$261.19
Days on Market457
Property Features for 227 Bonfoy Ave
General Information
Standard status
Active
Size
2,010 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Listing Agency:
BellStreet
(936) 444-5277
Listed By:
James Bealer
(936) 444-5277
Source:
Moodyscre
Added: May 2, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:32AM
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 BellStreet
Investment Insights
Based on property information with market context.
This 2,010 SF retail building, constructed in 1981, is located off of E Platte Ave. The property is zoned MX-L, offering potential for retail or street retail investors. Its location in a commercial hub makes it suitable for retailers seeking to establish or expand their presence.
Key Highlights
- Prime location off E Platte Ave in a thriving commercial hub
- MX‑L zoning offers limitless potential for retail or street retail investors
- 2,010 SF retail building provides ample space
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 | $36.2k | $18.00 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $34.6k | $17.19 |
| − OpEx | −$10.4k | −$5.16 |
| NOI | $24.2k | $12.03 |
2,010 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$345.5K
$302.3K – $403.1K
NOI $24,186 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$396.9K
$347.3K – $463.1K
NOI $27,786 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,303
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
Dutch Bros. Coffee
Dining
16,897 visits/mo
0.1 miles
Burger King
Dining
15,207 visits/mo
0.1 miles
Starbucks
Dining
15,191 visits/mo
0.1 miles
Maverik Adventures First Stop
Shops & Services
13,282 visits/mo
0.1 miles
Taco Bell
Dining
12,355 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 2,010 SF retail building constructed in 1981 for sale.
Where is this retail space located?
The property is located at 227 Bonfoy Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location off E Platte Ave in a thriving commercial hub; MX‑L zoning offers limitless potential for retail or street retail investors; 2,010 SF retail building provides ample space
