Small Industrial Duplex
2336 E Platte Ave Colorado Springs, CO 80909
2336 E Platte Ave, Colorado Springs, CO, 80909
Contact for pricing
For Sale
Contact for pricing
Clean, well-maintained industrial duplex built in 1955 with one side leased and the other side available.
Property Size4,225 SF
Price / SF$153.85
Days on Market107
Property Features for 2336 E Platte Ave
General Information
- Standard status
- Active
- Size
- 4,225 SF
- Property subtype
- INDUSTRIAL
Listing agency
Hoff & Leigh
(719) 337-9551
Listed by
Tim Leigh · License #ER.100022369
(719) 337-9551
Source
Moodyscre
Added: Apr 8 Updated: Jul 21 at 9:16PM Checked: Jul 21 at 9:16PM
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
Investment Insights
Based on property information with market context.
Now for sale at 2336 E Platte Avenue, this small industrial duplex building was originally constructed in 1955 and has been substantially renovated since. The property totals 4,228 square feet and is configured as two matching industrial spaces, with one half currently leased and the other immediately available for an owner-user or incoming tenant.
The building sits on East Platte Avenue between Union and Circle Boulevards, positioned along an established commercial corridor in Colorado Springs.
For prospective buyers, the current configuration offers a straightforward split between an income-producing leased side and a vacant side that can be occupied immediately.
The building sits on East Platte Avenue between Union and Circle Boulevards, positioned along an established commercial corridor in Colorado Springs.
For prospective buyers, the current configuration offers a straightforward split between an income-producing leased side and a vacant side that can be occupied immediately.
Key Highlights
- 4,228 SF industrial duplex on East Platte Avenue between Union and Circle Boulevards
- Built in 1955 and substantially renovated since
- One half currently leased to an established tenant
Local Financial Insights For Warehouse
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 | $57.3k | $13.56 |
| − Vacancy | −$2.5k | −$0.60 |
| EGI | $54.8k | $12.96 |
| − OpEx | −$8.2k | −$1.94 |
| NOI | $46.6k | $11.02 |
4,225 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$665.1K
$581.9K – $775.9K
NOI $46,555 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$834.4K
$730.1K – $973.4K
NOI $58,406 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quality Alt supply
Auto Parts Store
Restoration King
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- True North Motel & Storage — 2105 E Platte Ave, Colorado Springs, CO 80909
- Storage Sense - Colorado Springs — 2702 E Yampa St, Colorado Springs, CO 80909
- Sun Self Storage — 2620 Platte Pl, Colorado Springs, CO 80909
- Spyder Moving and Storage — 1826 E Platte Ave, Colorado Springs, CO 80909
- house/ warehouse — 2526 Gunnison St, Colorado Springs, CO 80909
FAQs
What type of property is this?
Warehouse - Clean, well-maintained industrial duplex built in 1955 with one side leased and the other side available.
Where is this warehouse located?
The property is located at 2336 E Platte Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,228 SF industrial duplex on East Platte Avenue between Union and Circle Boulevards; Built in 1955 and substantially renovated since; One half currently leased to an established tenant
