Corner-Unit Office
201 E Las Animas St Ste 101 Colorado Springs, CO 80903
201 E Las Animas St Ste 101, Colorado Springs, CO, 80903
$675,000
For Sale
$675,000
Corner-unit office condo with high-visibility frontage, abundant natural light, and an upper-level open space with outdoor balcony.
Property Size2,805 SF
Price / SF$240.64
Days on Market28
Property Features for 201 E Las Animas St Ste 101
General Information
- Standard status
- Active
- Size
- 2,805 SF
- Property subtype
- Office - General Office
Building Details
- Year Built
- 2001
Listing agency
Miramont Commercial
(719) 229-1585
Listed by
Simon Penner
Source
Commercialcafe
Added: Jun 25 Updated: Jul 22 at 8:24AM Checked: Jul 22 at 8:24AM
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
Investment Insights
Based on property information with market context.
This corner-unit commercial office condo, Suite 101, is located on the edge of Downtown Colorado Springs in a building constructed in 2001. The suite offers abundant natural light, a prominent entry, and a distinctive upper-level open space that extends to an exterior outdoor balcony.
The property is set within a dense downtown environment with dining, retail, and entertainment nearby. It is also close to the Colorado Springs Pioneers Museum and America the Beautiful Park, with convenient access to the Colorado Springs Fine Arts Center and Tejon Street.
With a thoughtful layout and elevated finishes, Suite 101 is positioned for professional office use and other office-appropriate concepts, including creative studios or medical/dental uses.
The property is set within a dense downtown environment with dining, retail, and entertainment nearby. It is also close to the Colorado Springs Pioneers Museum and America the Beautiful Park, with convenient access to the Colorado Springs Fine Arts Center and Tejon Street.
With a thoughtful layout and elevated finishes, Suite 101 is positioned for professional office use and other office-appropriate concepts, including creative studios or medical/dental uses.
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 in a 35,224 SF building built in 2001
- High‑visibility street frontage with abundant natural light
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marathon Wealth & Protection ...
Financial Advisor
Goodloe Architecture
Architect
Zack Bender - Financial ...
Financial Advisor
Andrew Inman - Financial ...
Financial Advisor
Chris Young - Private ...
Financial Advisor
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FAQs
What type of property is this?
Office units - Corner-unit office condo with high-visibility frontage, abundant natural light, and an upper-level open space with outdoor balcony.
Where is this office units located?
The property is located at 201 E Las Animas St Ste 101 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 in a 35,224 SF building built in 2001; High‑visibility street frontage with abundant natural light
