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Sports Bar and Restaurant Building
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1850 Dominion Way, Colorado Springs, CO 80918

Currently operating sports bar and restaurant with commercial kitchen, walk-in cooler, and liquor license on a sizable site.

Property Size13,221 SF
Price / SF$248.87
Days on Market355

Property Features for 1850 Dominion Way

General Information

Standard status Active
Size 13,221 SF
Property subtype RETAIL
Zoning PBC/MX-M

Additional Details

Cold Storage Yes
Listing Agency: Equity Colorado Real Estate
Listed By: Joshua Sharp
Source: Moodyscre
Added: Aug 11, 2025 Changed: Jul 30 Last Checked: Jul 31 at 3:56AM

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

Investment Insights

Based on property information with market context.

This property is currently operating as a sports bar and restaurant, including a commercial kitchen with hood system and a walk-in cooler, plus a liquor license. The existing building is described as an expansive commercial structure that could be repurposed or redeveloped, supporting flexible planning options for future occupants.

The site is located at 1850 Dominion Way in Colorado Springs, CO 80918. It is offered with flexible PBC/MX-M zoning, with permitted uses listed as professional offices, administrative offices, research facilities, light manufacturing, and limited industrial uses. The property also notes ample on-site parking and a site layout conducive to drive-up access or high customer volume.

With the current restaurant operations in place, buyers have the option to continue operations during entitlement or redevelopment planning, providing near-term income while longer-term plans are pursued.

Key Highlights

  • 13,221 SF commercial building operating as a sports bar and restaurant
  • PBC/MX‑M zoning with permitted uses including professional offices and light manufacturing
  • Commercial kitchen with hood system and walk‑in cooler

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 $277.6k $21.00
− Vacancy −$11.1k −$0.84
EGI $266.5k $20.16
− OpEx −$66.6k −$5.04
NOI $199.9k $15.12
13,221 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$2.86M
$2.50M – $3.33M (±1% cap)
NOI $199,902 @ 7.0% cap · market cap 6.08%
Second Best
Healthcare Medical
$2.81M
$2.46M – $3.28M (±1% cap)
NOI $197,046 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$3.38M
$2.96M – $3.94M (±1% cap)
NOI $236,541 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dublin House Sports ... Bar & Pub

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Restaurant Building Supply HVAC Service Hotel & Motel

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

1,494
Businesses Nearby
Balanced
Demand for This Use

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sam's Club Cafe — 1850 E Woodmen Rd, Colorado Springs, CO 80920
  • 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
  • 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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Currently operating sports bar and restaurant with commercial kitchen, walk-in cooler, and liquor license on a sizable site.
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: 13,221 SF commercial building operating as a sports bar and restaurant; PBC/MX‑M zoning with permitted uses including professional offices and light manufacturing; Commercial kitchen with hood system and walk‑in cooler
(719) 271-6506 Call to check price and availability
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