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Retail Building with Acreage
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20845 East Highway 24, Woodland Park, CO 80863

PUD-zoned retail property along Highway 24 with existing month-to-month tenant occupancy.

Property Size5,120 SF
Lot Size6.71 Acres
Days on Market144

Property Features for 20845 East Highway 24

General Information

Standard status Active
Size 5,120 SF
Lot size 6.71 Acres
Property subtype Retail
Zoning PUD

Financials

Asking Price $975,000
Gross Income $54,000

Building Details

Year Built 1992
Buildings 1
Construction metal
Tenancy Multi
Listing Agency: Hoff & Leigh Colorado Springs
Listed By: Tim Leigh · License #CO EA314631
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 10:31PM

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 Hoff & Leigh Colorado Springs

Investment Insights

Based on property information with market context.

This retail property includes a 5,120-square-foot building on 6.71 acres. Constructed in 1992, the building is identified as a red metal structure positioned on the north side of Highway 24. PUD zoning supports the property’s current retail use and provides a defined land-use framework.

The property is located along East Highway 24 between Colorado Springs and Woodland Park, placing it within the established route connecting the two communities. Two tenants currently occupy the building under month-to-month leases, providing existing occupancy for a buyer evaluating the property’s current operation.

Key Highlights

  • 5,120‑square‑foot retail building on 6.71 acres
  • Constructed in 1992
  • PUD zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Locksmith Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 80863, CO

12,738
Population
5,734
Households
2.2
Avg Household Size
49
Median Age
42%
College-Educated
97%
High-School Grad
173.4 sq mi
ZIP Area
73
Density / Sq Mi
$100,011
Median Household Income
$49,333
Median Earnings
$1,960
Median Rent
$503,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - PUD-zoned retail property along Highway 24 with existing month-to-month tenant occupancy.
Where is this retail space located?
The property is located at 20845 East Highway 24 Woodland Park, CO.
What are key features of this property?
This property features: 5,120‑square‑foot retail building on 6.71 acres; Constructed in 1992; PUD zoning
(719) 337-9551 Call to check price and availability
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