Remodeled Coffee Shop
1507 W Colorado Ave, Colorado Springs, CO 80904
For Sale
Contact for pricing
Equipped café space in move-in-ready condition within Old Colorado City’s historic district.
Property Size968 SF
Price / SF$397.73
Days on Market97
Property Features for 1507 W Colorado Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
David Commercial Real Estate/KW Premier Realty
(719) 425-7139
Listed By:
Jaeden Jones
(719) 345-5525
Source:
Moodyscre
Added: Aug 2
Changed: Nov 6
Last Checked: Nov 6 at 10:12AM
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 David Commercial Real Estate/KW Premier Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 968-square-foot coffee shop at 1507 W Colorado Ave offers a remodeled interior with operating equipment already in place. The property is configured as a café and is presented in condition for a new operator to begin service without undertaking a full build-out.
The site is located in Old Colorado City, a historic district on the westside of Colorado Springs. Its setting combines a recognized historic context with an established commercial destination for café and restaurant activity.
The site is located in Old Colorado City, a historic district on the westside of Colorado Springs. Its setting combines a recognized historic context with an established commercial destination for café and restaurant activity.
Key Highlights
- 968‑square‑foot coffee shop
- Remodeled café interior
- Operating equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,382
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,640
$267.6K
Cap Rate 7%
$191,171
$191.2K
Cap Rate 9%
$148,689
$148.7K
Market Conditions
NOI Build-Up for 968 SF
Gross rent
$18.6K $19.20/SF
− Vacancy
−$743 −$0.77/SF
EGI
$17.8K $18.43/SF
− OpEx
−$4.5K −$4.61/SF
NOI
$13.4K $13.82/SF
Area
Colorado Springs, CO
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,640
Cap Rate 7%
$191,171
Cap Rate 9%
$148,689
Alternative Uses
Best Use
Specialty Retail
$191.2K
$167.3K – $223.0K
NOI $13,382 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
4,021 visits/mo
0.1 miles
7-Eleven
Shops & Services
3,712 visits/mo
0.1 miles
Demographics for 80904, CO
20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Colorado Springs, CO
Similar Off Market Nearby
- Scooter's Coffee — 312 S 8th St, Colorado Springs, CO 80905
- Frankly Coffee — 727 1/2 W Colorado Ave, Colorado Springs, CO 80905
- Barista Espresso & Specialty Roasters — 625 W Colorado Ave, Colorado Springs, CO 80905
- Dutch Bros Coffee — 624 S 21st St, Colorado Springs, CO 80904
- Carnelian Coffee Co — 2428 W Colorado Ave, Colorado Springs, CO 80904
Frequently Asked Questions
What type of property is this?
Coffee shop - Equipped café space in move-in-ready condition within Old Colorado City’s historic district.
Where is this coffee shop located?
The property is located at 1507 W Colorado Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 968‑square‑foot coffee shop; Remodeled café interior; Operating equipment included
