Corner-Unit Office Condo with
201 E Las Animas St Colorado Springs, CO 80903
For Sale
Contact for pricing
Corner office condo offering abundant natural light and an upper-level open space with an exterior balcony.
Property Size2,805 SF
Price / SF$240.64
Days on Market57
Property Features for 201 E Las Animas St
General Information
Standard status
Active
Size
2,805 SF
Property subtype
OFFICE
Listing Agency:
Miramont Commercial Real Estate
(719) 229-1585
Listed By:
Simon Penner
(719) 229-1585
Source:
Moodyscre
Added: Jun 1
Changed: Jul 26
Last Checked: Jul 26 at 5:09AM
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 Miramont Commercial Real Estate
Investment Insights
Based on property information with market context.
This corner-unit commercial office condo is located in a 2001-built, 35,224 SF building and features 2,805 SF of office space. The suite includes a prestigious entry, abundant natural light, and a distinctive upper-level open space with an exterior outdoor balcony.
Positioned on the edge of Downtown Colorado Springs, the unit offers high-visibility street frontage for client-facing operations. The configuration is designed to support professional work and client use within a single, distinct suite.
The space is presented as an available condo for sale, suited to professional office and service-oriented uses, with the balcony and upper open area providing an elevated, functional environment for day-to-day operations.
Positioned on the edge of Downtown Colorado Springs, the unit offers high-visibility street frontage for client-facing operations. The configuration is designed to support professional work and client use within a single, distinct suite.
The space is presented as an available condo for sale, suited to professional office and service-oriented uses, with the balcony and upper open area providing an elevated, functional environment for day-to-day operations.
Key Highlights
- Corner‑unit commercial office condo at 201 E Las Animas, Suite 101, on the edge of Downtown Colorado Springs
- 2,805 SF suite within a 35,224 SF building constructed in 2001
- Upper‑level open space includes an exterior outdoor balcony
Financial Insights For Healthcare Medical
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 | $57.2k | $20.40 |
| − Vacancy | −$4.6k | −$1.63 |
| EGI | $52.6k | $18.77 |
| − OpEx | −$21.1k | −$7.51 |
| NOI | $31.6k | $11.26 |
2,805 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$451.2K
$394.8K – $526.5K
NOI $31,587 @ 7.0% cap · market cap 4.68%
Second Best
Office B
$394.5K
$345.2K – $460.2K
NOI $27,612 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$553.9K
$484.7K – $646.3K
NOI $38,776 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Corner office condo offering abundant natural light and an upper-level open space with an exterior balcony.
Where is this office units located?
The property is located at 201 E Las Animas St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Corner‑unit commercial office condo at 201 E Las Animas, Suite 101, on the edge of Downtown Colorado Springs; 2,805 SF suite within a 35,224 SF building constructed in 2001; Upper‑level open space includes an exterior outdoor balcony