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10 E Pikes Peak Ave Colorado Springs, CO 80903

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For Sale
$1,300,000

Retail/office building in downtown Colorado Springs with flexible zoning.

Property size:
5,224 SF
Lot size:
0.04 Acres

Property Features for 10 E Pikes Peak Ave

General Information

Size
5,224 SF
Lot size
0.04 Acres

Source: Olive Real Estate Partners, Inc. Agent Jeremy Shirley

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


Overview

Downtown Colorado Springs Retail/Office Building

Located in the heart of Downtown Colorado Springs, 10 E Pikes Peak Avenue is a retail and office building offering a strategic location with convenient access to major highways and substantial foot traffic. The property is within walking distance of numerous restaurants, hotels, the courthouse, and various offices, benefiting from high visibility along Pikes Peak Avenue. Historically used as a retail and office building, the flexible FBZ zoning permits restaurant and other uses. The 5,224-square-foot building can easily be converted into a multi-tenant property. Conceptual plans have been submitted to the Regional Building Department to increase the interior square footage by 1,307 square feet, resulting in a total building size of 6,531 square feet. The seller has completed asbestos abatement. Situated in an Opportunity Zone and Enterprise Zone, the property qualifies for special tax incentives and credits for both new and established businesses, presenting a great owner-user opportunity to own in the fast-growing Downtown market.
Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
-104.824663
Latitude
38.834223

FAQs

What type of property is this?
Retail space - Retail/office building in downtown Colorado Springs with flexible zoning.
Where is this retail space located?
The property is located at 10 E Pikes Peak Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Strategic Downtown Location: High foot traffic and excellent visibility on Pikes Peak Ave.; - Development Potential: Conceptual plans submitted to increase interior square footage by 1,307 SF, totaling 6,531 SF.; - Favorable Zoning: Flexible FBZ zoning allows for retail, office, restaurant, and other uses.
More about this property
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