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    2235 Academy Pl Colorado Springs, CO 80909

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    For Sale
    $1,500,000

    Highly visible restaurant/retail/redevelopment property on a busy commercial corridor.

    Property size:
    5,172 SF
    Lot size:
    0.92 Acres

    Property Features for 2235 Academy Pl

    General Information

    Size
    5,172 SF
    Lot size
    0.92 Acres

    Source: Olive Real Estate Partners, Inc. Agent Steve Hunsinger

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

    Overview

    Freestanding Retail/Redevelopment Property For Sale

    The property at 2235 N Academy Blvd presents an opportunity to purchase a highly visible restaurant, retail, or redevelopment property situated along one of Colorado Springs’ busiest commercial corridors. The 5,172 square foot freestanding building is positioned on nearly one acre, offering excellent visibility, easy access, and ample parking potential. The property benefits from easy ingress and egress, as well as prominent street frontage. Its location on high-traffic Academy Boulevard provides visibility to both North and South bound traffic. Signage opportunities include both monument and building signs. The MX-M zoning supports a variety of retail, restaurant, and commercial uses. A grease trap is in place. The property was originally operated as a Shari’s Restaurant and is currently operated as the ProSound music store.
    Insight Report Location Intelligence

    Current Use by Public Records

    ProSound Music Music Store

    Suggested Use

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

    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
    -104.7550367
    Latitude
    38.8646822

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    FAQs

    What type of property is this?
    Retail space - Highly visible restaurant/retail/redevelopment property on a busy commercial corridor.
    Where is this retail space located?
    The property is located at 2235 Academy Pl Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High-traffic location on Academy Boulevard with excellent visibility to both North and South bound traffic.; - MX-M zoning supports a variety of retail, restaurant, and commercial uses, offering redevelopment potential.; - Freestanding 5,172 SF building on nearly one acre with ample parking potential.
    (719) 332-2274
    Request Owner's contact information
    2235 Academy Pl Colorado Springs, CO 80909
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    Colorado Springs, CO 80909
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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
    2235 Academy Pl Colorado Springs, CO 80909
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