Redevelopment Opportunity in High-Traffic
1850 Dominion Way Colorado Springs, CO
1850 Dominion Way, Colorado Springs, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Commercial property with redevelopment potential in a fast-growing market.
Property Size13,221 SF
Lot Size1.66 Acres
Price / SF$248.87
Days on Market341
Property Features for 1850 Dominion Way
General Information
- Standard status
- Active
- Size
- 13,221 SF
- Lot size
- 1.66 Acres
- Property subtype
- RETAIL
Listing Agency
Equity Colorado Real Estate
(719) 271-6506
Listed by
Joshua Sharp
(719) 271-6506
Source
Moodyscre
Added: Aug 11, 2025 Checked: Jul 17 at 6:08 am
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 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.
Key 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
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
NOI $182,767 @ 7.0% cap · market cap 5.55%
Second Best
Retail
$2.27M
$1.99M – $2.65M
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dublin House Sports ...
Bar & Pub
Similar For Sale Nearby
Similar Off Market 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
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
