120 Sahwatch St Colorado Springs, CO 80903
Prime land in a vibrant downtown district with high foot traffic.
Type:Multifamily, Mixed Use, Land
- Added:
- Sep 6, 2024
- Days on Market:
- 598
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 120 Sahwatch St
General Information
- Standard status
- Active
- Property subtype
- Multifamily, Mixed Use, Land
Listing agent Gary Feffer License #CO 000967125
Listing office Fountain Colony LLC
Listing date Sep 6, 2024
Source Crexi
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 Fountain Colony LLC
Overview
Downtown Colorado Springs Land Opportunity
Located in downtown Colorado Springs, this property resides within a 1.1 square mile district centered at the intersection of I-25 and Highway 24. This area represents the county’s largest concentration of office space, totaling 5.1 million square feet, and over 1 million square feet of retail space. The pedestrian-friendly streets host over 70 retail shops and more than 130 restaurants, breweries, coffee shops, and bars, attracting 11.86 million annual visitors. Downtown Colorado Springs is home to approximately 2,500 businesses employing a workforce of around 27,000. Although the downtown area covers just 0.05% of El Paso County’s total land area, it accounts for 7% of all jobs county-wide. Average wages in downtown are 6% higher than the national average for comparable positions. The area demonstrates a strong entrepreneurial environment, with 482 new business filings in 2022. The Legacy Loop, a 10-mile urban trail system, encircles downtown. Additionally, five parks provide over 180 acres of urban park land. The downtown district hosts over 950 arts, cultural, and special events annually.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.8279544
- Latitude
- 38.8316344
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Prime land in a vibrant downtown district with high foot traffic.
Where is this mixed-use property located?
The property is located at 120 Sahwatch St Colorado Springs, CO.
What are key features of this property?
This property features: Prime downtown location with high concentration of office, retail, and entertainment space.; High pedestrian traffic with over 11.86 million annual visitors.; Significant employment hub with approximately 27,000 jobs and 2,500 businesses.
