1209 West Colorado Avenue, Colorado Springs, CO 80904
Freestanding commercial building with a fenced rear lot, suitable for owner-users seeking flexible space in a high-visibility corridor.
- Added:
- May 22, 2025
- Days on Market:
- 391
- Last Refresh:
- Jun 16 at 4:29 am
Property Features for 1209 West Colorado Avenue
General Information
- Standard status
- Active
- Size
- 2,120 SF
- Property subtype
- Office, Retail
Listing agent Jayme Wilson License #ER.100022369 (719) 722-8632
Listing office Hoff & Leigh (719) 722-8632
Listing date May 22, 2025
Source Hoffleigh
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 Hoff & Leigh
HighLights
- Freestanding commercial building totaling 2,120 SF at 1209–1211 W. Colorado Ave
- Positioned between Downtown and Old Colorado City on a high‑traffic corridor
- Open layout suited for owner‑users
- Fully fenced rear lot for secure storage or additional parking
- Flexible zoning noted in listing materials
Overview
Positioned on the west side market between Downtown and Old Colorado City, the property is described as having excellent visibility along one of the city’s busiest corridors. The presentation emphasizes strong traffic counts and branding visibility from the main frontage area, supported by the building’s freestanding configuration.
For an owner-operator, this mix of open interior layout and secured exterior space can be a practical fit for retail, office, or other storefront-oriented uses that benefit from frequent drive-by attention. The property is also marketed as having flexible zoning, which may broaden the range of tenant or user types that can consider the location. For sale at this time, the building is available for private tour by contacting the listed representatives.
Local 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 | $38.2k | $18.00 |
| − Vacancy | −$1.7k | −$0.81 |
| EGI | $36.4k | $17.19 |
| − OpEx | −$10.9k | −$5.16 |
| NOI | $25.5k | $12.03 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Colorado Springs Field Fresh Florist in Colorado Springs, Colorado — W Colorado Ave, Colorado Springs, CO 80903, United States
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.84516
- Latitude
- 38.836555
