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    2902 W Colorado Ave Colorado Springs, CO 80904

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    For Lease
    $30 SF/Yr ($7,545 /Mo)

    Renovated historic building with modern amenities and culinary kitchen.

    Property size:
    3,018 SF
    Lot size:
    0.11 Acres

    Property Features for 2902 W Colorado Ave

    General Information

    Size
    3,018 SF
    Lot size
    0.11 Acres

    Source: Quantum Commercial Group Inc Agent Andy Oyler

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

    Overview

    Historic Building in Old Colorado

    Located in the heart of Old Colorado City, this historic building, constructed in 1888, has been fully renovated. The property is listed on both state and national historic registries. It combines historic charm with modern innovation, featuring a custom-designed culinary kitchen and a coffee bar with natural light and ergonomic, high-end equipment. The building is equipped with high-efficiency HVAC and Energy Star equipment, along with a state-of-the-art audio/visual system. The property includes approximately $500,000 worth of equipment. It is ADA accessible throughout and offers on-site parking. Situated in a high-traffic area, the space provides exceptional visibility. The landlord will consider a shared kitchen concept. The property offers approximately 3018 square feet of space and is suitable for creating a unique dining experience.
    Insight Report Location Intelligence

    Current Use by Public Records

    City Hall of Old ... Historical Landmark Pop Kitchen & Events Coffee Shop Legacy Image Design Photographer

    Suggested Use

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

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

    Similar Places Nearby

    Amazing Graze Charcuterie Co

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.868487
    Latitude
    38.851189

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    FAQs

    What type of property is this?
    Restaurant - Renovated historic building with modern amenities and culinary kitchen.
    Where is this restaurant located?
    The property is located at 2902 W Colorado Ave Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Historic building in the heart of Old Colorado City, listed on state and national historic registries.; - Custom-designed culinary kitchen with high-end equipment and coffee bar.; - High visibility location in a high-traffic area with on-site parking.
    (719) 228-3605
    Request Owner's contact information
    2902 W Colorado Ave Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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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
    2902 W Colorado Ave Colorado Springs, CO 80904
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