Historic Office
For Sale
Contact for pricing
219 W Colorado Avenue, Colorado Springs, CO 80903
Commercial, Colorado Springs, CO
Property Size622 SF
Lot Size0.01 Acres
Price / SF$0.02
Days on Market95
Property Features for 219 W Colorado Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1909
Amenities
fiber internet
Building Details
Year built
1884
Listing Agency:
Colorado Su Casa Realty LLC
(719) 445-2018
Listed By:
Nancy Milliron · License #400038429-ER
(719) 330-2954
Added: Jul 28
Changed: Oct 16
Last Checked: Oct 30 at 3:06PM
MLS# 6181110
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Suite 105 is a 622 SF office condo located on the lower level of the Trestle Building, a commercial structure built in 1884. The space offers a functional office layout, with negotiable furniture that may be included. The adjacent Suite 106 is also available.
The property is positioned in Downtown Colorado Springs near restaurants, retail, parks, trails, and museums, with immediate access to a walkable urban environment and nearby parking. Active train tracks border the rear of the building. Association dues cover utilities other than phone and internet, while the building is wired for fiber and also supports service through Xfinity and CenturyLink.
The property is positioned in Downtown Colorado Springs near restaurants, retail, parks, trails, and museums, with immediate access to a walkable urban environment and nearby parking. Active train tracks border the rear of the building. Association dues cover utilities other than phone and internet, while the building is wired for fiber and also supports service through Xfinity and CenturyLink.
Key Highlights
- 622 SF office condo in Suite 105
- Located in the lower level of the Trestle Building
- Historic building constructed in 1884
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,123
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,460
$122.5K
Cap Rate 7%
$87,471
$87.5K
Cap Rate 9%
$68,033
$68.0K
Market Conditions
NOI Build-Up for 622 SF
Gross rent
$9.3K $15.00/SF
− Vacancy
−$1.2K −$1.88/SF
EGI
$8.2K $13.13/SF
− OpEx
−$2.0K −$3.28/SF
NOI
$6.1K $9.84/SF
Area
Colorado Springs, CO
Vacancy
12.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,460
Cap Rate 7%
$87,471
Cap Rate 9%
$68,033
Alternative Uses
Best Use
Office B
$87.5K
$76.5K – $102.1K
NOI $6,123 @ 7.0% cap · market cap 43,735.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$122.8K
$107.5K – $143.3K
NOI $8,599 @ 7.0% cap · market cap 61,421.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office unit - Lower-level office suite with association-covered utilities and fiber wiring in a walkable downtown setting.
Where is this office unit located?
The property is located at 219 W Colorado Avenue Colorado Springs, CO.
What are key features of this property?
This property features: 622 SF office condo in Suite 105; Located in the lower level of the Trestle Building; Historic building constructed in 1884
