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    Redevelopment Opportunity in High-Traffic Corridor Title is generated by Realmo AI

    1850 Dominion Way, Colorado Springs, CO

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    Commercial property with redevelopment potential in a fast-growing market.

    Type:RETAIL
    Property size:
    13,221 SF
    Lot size:
    1.66 Acres
    Price / SF:
    $248/SF
    Added:
    Aug 11, 2025
    Days on Market:
    304
    Last Refresh:
    May 20 at 9:51 pm

    Property Features for 1850 Dominion Way

    General Information

    Standard status
    Active
    Size
    13,221 SF
    Lot size
    1.66 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Joshua Sharp
    Joshua Sharp

    Listing agent Joshua Sharp

    Listing office Equity Colorado Real Estate

    Listing date Aug 11, 2025

    Source Moodyscre

    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 Equity Colorado Real Estate

    HighLights

    • High redevelopment potential in a fast‑growing market
    • Flexible PBC/MX‑M zoning allows for varied uses (self‑storage, medical, retail, mixed‑use, etc.)
    • Strategic location in a high‑traffic corridor surrounded by growing residential and commercial areas
    • Currently operating as a successful restaurant/sports bar with immediate cash flow potential
    • Expansive commercial building with solid structure
    • Ample on‑site parking and site layout conducive to high customer volume

    Overview

    This commercial property, situated in a desirable, high-traffic corridor, offers significant redevelopment potential. Currently operating as a sports bar and restaurant, the site provides immediate cash flow. Its flexible zoning, large lot size, and strategic location make it suitable for various future uses, including self-storage, medical office, retail, or mixed-use developments. The expansive commercial building offers a solid structure that can be repurposed or entirely redeveloped. The property is surrounded by growing residential neighborhoods, retail centers, and healthcare facilities. The flexible PBC/MX-M zoning permits professional offices, administrative offices, research facilities, light manufacturing, and limited industrial uses. The site layout is conducive to drive-up access or high customer volume, and ample on-site parking is available. The existing restaurant and sports bar includes a commercial kitchen, hood system, walk-in cooler, and liquor license. Buyers can continue operations during entitlement or redevelopment planning, providing near-term income. This property presents an opportunity for investors, developers, or operators to capitalize on a location with upside potential through repositioning or ground-up development. The property size is 13221 square feet.

    Local Financial Insights For Specialty 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 $253.8k $19.20
    − Vacancy −$10.2k −$0.77
    EGI $243.7k $18.43
    − OpEx −$60.9k −$4.61
    NOI $182.8k $13.82
    13,221 SF · lease $19.20/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.61M
    $2.28M – $3.05M (±1% cap)
    NOI $182,767 @ 7.0% cap · market cap 5.55%
    Second Best
    Retail
    $2.27M
    $1.99M – $2.65M (±1% cap)
    NOI $159,088 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dublin House Sports ... Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • King Soopers Fuel Center — 6740 N Academy Blvd, Colorado Springs, CO 80918
    • HoH - Hooked on Hookah Lounge — 6406 N Academy Blvd, Colorado Springs, CO 80918
    • Rilea's Pub — 5672 N Union Blvd, Colorado Springs, CO 80918
    • Dublin House Sports Bar and Grill — 1850 Dominion Way, Colorado Springs, CO 80918
    • The Whiskey Baron Dance Hall & Saloon — 5781 N Academy Blvd, Colorado Springs, CO 80918

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.792
    Latitude
    38.9244

    FAQs

    What type of property is this?
    Bar & Pub - Commercial property with redevelopment potential in a fast-growing market.
    Where is this bar & pub located?
    The property is located at 1850 Dominion Way Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $3,290,310.
    What are key features of this property?
    This property features: High redevelopment potential in a fast‑growing market; Flexible PBC/MX‑M zoning allows for varied uses (self‑storage, medical, retail, mixed‑use, etc.); Strategic location in a high‑traffic corridor surrounded by growing residential and commercial areas
    (719) 271-6506 Call to check price and availability
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