Former Brewery and Restaurant
For Sale
$2,200,000
2925 West Colorado Avenue, Colorado Springs, CO 80904
Turnkey brewery-and-restaurant infrastructure on a sizable lot with major arterial frontage and parking for day-one operations.
Property Size4,494 SF
Lot Size0.83 Acres
Price / SF$489.54
Days on Market424
Property Features for 2925 West Colorado Avenue
General Information
Standard status
Active
Size
4,494 SF
Lot size
0.83 Acres
Property subtype
Retail
Zoning
MX-M HS
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Commercial Hood
Yes
Listing Agency:
Hoff & Leigh
(719) 722-8632
Listed By:
Jayme Wilson · License #FA100088653
(719) 722-8632
Source:
Hoffleigh
Added: Jun 3, 2025
Changed: Jul 10
Last Checked: Jul 31 at 2:48AM
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.
2925 West Colorado Avenue is a former brewery and restaurant facility offered for sale, built on a 0.826-acre lot. The property is set up with second-generation brewing equipment and full commercial kitchen infrastructure, including a fully plumbed brewhouse, temperature-controlled cold storage rooms, a walk-in cooler, and a grease-hooded kitchen. Interior improvements include polished concrete floors and a bar area, with an open layout designed to support food and beverage operations.
The site has approximately 1100 feet of frontage on West Colorado Avenue, with stated average daily traffic of 20,000 VPD. A dedicated signal at South 30th Street is provided for ingress and egress, and the lot offers ample on-site parking, which the remarks note as unusual for the Old Colorado City footprint. The property is described as being less than one minute from Highway 24 and less than two miles east to I-25, supporting regional access.
With MX-M HS zoning as noted in the remarks, the building’s existing brewery and restaurant improvements may support an owner-operator looking to occupy and operate immediately, while the open configuration could also accommodate other uses consistent with the flexibility of the zoning designation.
The site has approximately 1100 feet of frontage on West Colorado Avenue, with stated average daily traffic of 20,000 VPD. A dedicated signal at South 30th Street is provided for ingress and egress, and the lot offers ample on-site parking, which the remarks note as unusual for the Old Colorado City footprint. The property is described as being less than one minute from Highway 24 and less than two miles east to I-25, supporting regional access.
With MX-M HS zoning as noted in the remarks, the building’s existing brewery and restaurant improvements may support an owner-operator looking to occupy and operate immediately, while the open configuration could also accommodate other uses consistent with the flexibility of the zoning designation.
Key Highlights
- 0.826‑acre lot zoned MX‑M HS in Old Colorado City’s Westside submarket
- Includes second‑generation brewing equipment plus fully plumbed brewhouse, temperature‑controlled cold storage rooms, and walk‑in cooler
- Full commercial kitchen infrastructure with grease‑hooded kitchen, polished concrete floors, and bar area
Financial Insights For Specialty 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 | $86.3k | $19.20 |
| − Vacancy | −$3.5k | −$0.77 |
| EGI | $82.8k | $18.43 |
| − OpEx | −$20.7k | −$4.61 |
| NOI | $62.1k | $13.82 |
4,494 SF · lease $19.20/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$887.5K
$776.6K – $1.04M
NOI $62,125 @ 7.0% cap · market cap 2.82%
Second Best
Industrial
$582.6K
$509.8K – $679.7K
NOI $40,780 @ 7.0% cap · market cap 1.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Turnkey brewery-and-restaurant infrastructure on a sizable lot with major arterial frontage and parking for day-one operations.
Where is this brewery located?
The property is located at 2925 West Colorado Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 0.826‑acre lot zoned MX‑M HS in Old Colorado City’s Westside submarket; Includes second‑generation brewing equipment plus fully plumbed brewhouse, temperature‑controlled cold storage rooms, and walk‑in cooler; Full commercial kitchen infrastructure with grease‑hooded kitchen, polished concrete floors, and bar area
