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Two-Level Downtown Office Building
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305 S Cascade Ave, Colorado Springs, CO 80903

West-facing property in the CBD with on-site parking and proximity to the courthouse and downtown retail.

Property Size3,500 SF
Lot Size0.11 Acres
Days on Market144

Property Features for 305 S Cascade Ave

General Information

Standard status Active
Size 3,500 SF
Total Parking Spaces 5
Lot size 0.11 Acres
Property subtype Office
Zoning FBZ-CEN

Financials

Asking Price $860,000
Opportunity Zone Yes

Building Details

Stories 2
Building Size 3,500 SF
Listing Agency: CBRE - Colorado Springs
Listed By: Andrew Oyler · License #CO FA.040020773
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:37AM

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 CBRE - Colorado Springs

Investment Insights

Based on property information with market context.

This two-level office building contains approximately 3,500 SF on an approximately 4,748 SF lot. The property is west-facing and includes five on-site parking spaces. FBZ-CENT zoning applies to the site, which is also located within an Opportunity Zone.

Positioned in the core of the central business district, the property sits across from the courthouse and just south of Vermijo Avenue on Cascade Avenue. Downtown retail and commercial destinations are within walking distance. The surrounding area includes development such as the Olympic Museum, a stadium, and new multifamily projects. Views extend toward Pikes Peak and the Front Range.

Key Highlights

  • Approximately 3,500 SF office building on two levels
  • Approximately 4,748 SF lot with 5 on‑site parking spaces
  • FBZ‑CENT zoning and Opportunity Zone designation

Property Analytics

Current Use

The Property Group - Hermes Real Estate Agency The Property Group Real Estate Agency

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service Wine and Liquor Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,440
Businesses Nearby

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

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - West-facing property in the CBD with on-site parking and proximity to the courthouse and downtown retail.
Where is this office building located?
The property is located at 305 S Cascade Ave Colorado Springs, CO.
What are key features of this property?
This property features: Approximately 3,500 SF office building on two levels; Approximately 4,748 SF lot with 5 on‑site parking spaces; FBZ‑CENT zoning and Opportunity Zone designation
More about this property
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