Retail Storefront with Loading
2419 W Colorado Ave Colorado Springs, CO 80904
New
For Sale
Contact for pricing
Highly visible storefront offers floor-to-ceiling windows, private office/storage, and a rear roll-up door for loading.
Property Size3,053 SF
Price / SF$239.08
Days on Market3
Property Features for 2419 W Colorado Ave
General Information
Standard status
Active
Size
3,053 SF
Property subtype
RETAIL
Listing Agency:
Olive Real Estate Partners, Inc.
(719) 659-1095
Listed By:
Alex Dumas · License #FA.040034163
(719) 659-1095
Source:
Moodyscre
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 9:36AM
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 Olive Real Estate Partners, Inc.
Investment Insights
Based on property information with market context.
2419 W Colorado Avenue is a highly visible retail storefront property featuring floor-to-ceiling storefront windows and open retail display areas designed for customer-facing merchandising. The interior also includes private office/storage rooms and a rear roll-up door for loading and deliveries. A walk-in cooler is present and may be available for purchase.
The property is located in the heart of Old Colorado City on Colorado Avenue, directly across from Bancroft Park, and benefits from year-round pedestrian activity tied to tourism and ongoing events. The building has been improved with a new roof installed in 2019 and a new HVAC system in 2021. Access is noted as convenient to both Hwy 24 and I-25, with the property listed at 16,536 VPD along Colorado Ave.
Overall, the configuration combines a retail-forward front display with practical back-of-house support, including loading access for efficient receiving.
The property is located in the heart of Old Colorado City on Colorado Avenue, directly across from Bancroft Park, and benefits from year-round pedestrian activity tied to tourism and ongoing events. The building has been improved with a new roof installed in 2019 and a new HVAC system in 2021. Access is noted as convenient to both Hwy 24 and I-25, with the property listed at 16,536 VPD along Colorado Ave.
Overall, the configuration combines a retail-forward front display with practical back-of-house support, including loading access for efficient receiving.
Key Highlights
- Highly visible retail storefront on W Colorado Avenue in Old Colorado City with floor‑to‑ceiling display windows
- Directly across from Bancroft Park on a vibrant pedestrian corridor with year‑round foot traffic and tourism activity
- Flexible layout with open retail display area plus private office/storage rooms and a raised stage for displays
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 | $55.0k | $18.00 |
| − Vacancy | −$2.5k | −$0.81 |
| EGI | $52.5k | $17.19 |
| − OpEx | −$15.7k | −$5.16 |
| NOI | $36.7k | $12.03 |
3,053 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$524.8K
$459.2K – $612.3K
NOI $36,737 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$602.9K
$527.6K – $703.4K
NOI $42,205 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Sweetwater a Flower Market — 2419 W Colorado Ave, Colorado Springs, CO 80904
- Privé Events — 2708 West Colorado Ave, Unit C, Colorado Springs, CO 80904
- Club Flower — 2752 Colorado Ave, Colorado Springs, CO 80904
- Design Works A Floral Studio — 2725 Ore Mill Rd, Colorado Springs, CO 80904
Frequently Asked Questions
What type of property is this?
Storefront property - Highly visible storefront offers floor-to-ceiling windows, private office/storage, and a rear roll-up door for loading.
Where is this storefront property located?
The property is located at 2419 W Colorado Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: Highly visible retail storefront on W Colorado Avenue in Old Colorado City with floor‑to‑ceiling display windows; Directly across from Bancroft Park on a vibrant pedestrian corridor with year‑round foot traffic and tourism activity; Flexible layout with open retail display area plus private office/storage rooms and a raised stage for displays
