Historic Storefront
New
For Sale
$680,000
2413 W Colorado #101, Colorado Springs, CO 80904
A multi-room layout includes a private office, breakroom, lavatory, and rear storage.
Property Size2,625 SF
Price / SF$259.05
Days on Market3
Property Features for 2413 W Colorado #101
General Information
Standard status
Active
Size
2,625 SF
Property subtype
Commercial
Zoning
MX-L
Site & Location
Neighborhood
Old Colorado City
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,296
Building Details
Year Built
1906
Listing Agency:
COLORADO SU CASA REALTY LLC
Listed By:
NANCY MILLIRON · License #400038429-ER
(719) 330-2954
Source:
Corcoran
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 5:55PM
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 COLORADO SU CASA REALTY LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront commercial condominium contains approximately 2,625 SF arranged in multiple rooms and alcoves. The existing layout includes a private office, breakroom, lavatory, and substantial storage near the rear alley entrance. Built in 1906, the property is zoned MX-L, with retail, office, restaurant, entertainment, and hospitality uses identified as options.
The property is on West Colorado Avenue in Old Colorado City, directly opposite Bancroft Park. Highway 24 and downtown Colorado Springs are accessible from the area.
The property is on West Colorado Avenue in Old Colorado City, directly opposite Bancroft Park. Highway 24 and downtown Colorado Springs are accessible from the area.
Key Highlights
- Approximately 2,625 SF in a multi‑room configuration
- MX‑L zoning; identified use options include retail, office, restaurant, entertainment, and hospitality
- Private office, breakroom, and lavatory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,587
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,740
$631.7K
Cap Rate 7%
$451,243
$451.2K
Cap Rate 9%
$350,967
$351.0K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$47.3K $18.00/SF
− Vacancy
−$2.1K −$0.81/SF
EGI
$45.1K $17.19/SF
− OpEx
−$13.5K −$5.16/SF
NOI
$31.6K $12.03/SF
Area
Colorado Springs, CO
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,740
Cap Rate 7%
$451,243
Cap Rate 9%
$350,967
Alternative Uses
Best Use
Retail
$451.2K
$394.8K – $526.5K
NOI $31,587 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 5.34%
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
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 25%
Apparel 21%
Hotels & Casinos 1%
Rocky Mountain Chocolate Factory
Dining
6,520 visits/mo
0.1 miles
Goodwill
Apparel
5,564 visits/mo
0.1 miles
Circle K
Shops & Services
4,671 visits/mo
0.3 miles
Conoco
Shops & Services
4,563 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
3,161 visits/mo
0.3 miles
Demographics for 80904, CO
20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Colorado Springs, CO
Similar Off Market Nearby
- Design Works A Floral Studio — 2725 Ore Mill Rd, Colorado Springs, CO 80904
- Sweetwater a Flower Market — 2419 W Colorado Ave, Colorado Springs, CO 80904
- Club Flower — 2752 Colorado Ave, Colorado Springs, CO 80904
- Privé Events — 2708 West Colorado Ave, Unit C, Colorado Springs, CO 80904
Frequently Asked Questions
What type of property is this?
Storefront property - A multi-room layout includes a private office, breakroom, lavatory, and rear storage.
Where is this storefront property located?
The property is located at 2413 W Colorado #101 Colorado Springs, CO.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Approximately 2,625 SF in a multi‑room configuration; MX‑L zoning; identified use options include retail, office, restaurant, entertainment, and hospitality; Private office, breakroom, and lavatory
