Free-Standing Mixed-Use
2011 W Colorado Ave Colorado Springs, CO 80904
2011 W Colorado Ave, Colorado Springs, CO, 80904
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For Sale
Contact for pricing
Charming free-standing property with front primary building, rear structure, and an on-site parking lot.
Property Size1,864 SF
Price / SF$281.65
Days on Market113
Property Features for 2011 W Colorado Ave
General Information
- Standard status
- Active
- Size
- 1,864 SF
- Property subtype
- Mixed Use, Office, Retail
Listing agency
Thrive Commercial Partners
(719) 535-0500
Listed by
Michael Paul · License #FA.100080120
Source
Crexi
Added: Apr 1 Updated: Jul 20 at 6:36PM Checked: Jul 21 at 9:13AM
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 Thrive Commercial Partners
Investment Insights
Based on property information with market context.
This free-standing mixed-use property includes a primary building positioned at the front of the site and an additional structure located at the rear. The configuration offers flexibility for multi-tenant use or an owner-user arrangement seeking additional income. The property is positioned to support a variety of small business, retail, creative studio, or office uses based on its character and adaptable layout.
The site is located on the West Side of Colorado Springs. Parking is available in the rear parking lot, with additional street parking for customers and employees.
Overall, the property presents a straightforward two-building setup on one parcel, designed for occupants who value on-site parking and the option to separate uses between front and rear structures.
The site is located on the West Side of Colorado Springs. Parking is available in the rear parking lot, with additional street parking for customers and employees.
Overall, the property presents a straightforward two-building setup on one parcel, designed for occupants who value on-site parking and the option to separate uses between front and rear structures.
Key Highlights
- Free‑standing commercial property on the West Side of Colorado Springs
- Front primary building plus an additional rear structure for flexible multi‑tenant or owner‑user use
- Rear parking lot provides on‑site parking for customers and employees
Local Financial Insights For 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 | $33.6k | $18.00 |
| − Vacancy | −$1.5k | −$0.81 |
| EGI | $32.0k | $17.19 |
| − OpEx | −$9.6k | −$5.16 |
| NOI | $22.4k | $12.03 |
1,864 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$320.4K
$280.4K – $373.8K
NOI $22,430 @ 7.0% cap · market cap 4.27%
Second Best
Mixed Use
$297.2K
$260.0K – $346.7K
NOI $20,802 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$368.1K
$322.1K – $429.5K
NOI $25,768 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lake Star Electric
Electrical Service
Cortney Cooks
Food And Beverage Consultant
Gather Food Studio ...
Training Center
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FAQs
What type of property is this?
Mixed-use property - Charming free-standing property with front primary building, rear structure, and an on-site parking lot.
Where is this mixed-use property located?
The property is located at 2011 W Colorado Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Free‑standing commercial property on the West Side of Colorado Springs; Front primary building plus an additional rear structure for flexible multi‑tenant or owner‑user use; Rear parking lot provides on‑site parking for customers and employees
