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Class C Office/Flex Building
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1520 E Willamette Ave, Colorado Springs, CO 80909

Vacant two-story office/flex building with OR Office Residential zoning in Colorado Springs, offered on a fee simple basis.

Property Size50,363 SF
Days on Market1561

Property Features for 1520 E Willamette Ave

General Information

Standard status Active
Size 50,363 SF
Class Class C
Property subtype OFFICE
Zoning OR

Building Details

Stories 2
Listing Agency: SRS Industrial - Newport Beach
Listed By: Patrick R. Luther, CCIM
Source: Moodyscre
Added: Jun 7, 2022 Changed: Sep 4 Last Checked: Sep 14 at 9:00AM

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 SRS Industrial - Newport Beach

Investment Insights

Based on property information with market context.

This offering presents the fee simple interest in a 50,363 SF, two-story Class C office/flex building that is currently vacant. The property is configured as an office/flex facility and is available for acquisition by either an investor or an owner-user seeking a space that can support multiple operational concepts.

The building is located at 1520 E Willamette Ave in Colorado Springs, Colorado. Zoning is listed as OR: Office Residential, which provides for a wide range of uses such as Medical, Data Storage, Call Center, and more.

With the existing two-story office/flex improvements and flexible zoning, the property may be a fit for buyers looking for an adaptable platform within the OR Office Residential framework.

Key Highlights

  • Fee simple acquisition includes land and building ownership.
  • Vacant 2‑story office/flex building totaling 50,363 SF.
  • Zoned OR: Office Residential in Colorado Springs.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,645
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
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Similar Off Market Nearby

  • Susanna's Comfort Cuisine Food Trailer 1130 E Willamette Ave, Colorado Springs, CO 80903

Frequently Asked Questions

What type of property is this?
Flex space - Vacant two-story office/flex building with OR Office Residential zoning in Colorado Springs, offered on a fee simple basis.
Where is this flex space located?
The property is located at 1520 E Willamette Ave Colorado Springs, CO.
What are key features of this property?
This property features: Fee simple acquisition includes land and building ownership.; Vacant 2‑story office/flex building totaling 50,363 SF.; Zoned OR: Office Residential in Colorado Springs.
(949) 698-1115 Call to check price and availability
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