Two-Story Warehouse with
319 BONFOY AVE Colorado Springs, CO 80909
319 BONFOY AVE, Colorado Springs, CO, 80909
Contact for pricing
For Sale
Contact for pricing
Two-story cinder block warehouse includes 16-foot ceilings, office/workspace upstairs, and secure fenced rear yard access.
Property Size3,290 SF
Price / SF$220.36
Days on Market23
Property Features for 319 BONFOY AVE
General Information
- Standard status
- Active
- Size
- 3,290 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1987
Listing agency
Berkshire Hathaway | Synergy Realty Group
(719) 660-5223
Listed by
Charles D'Alessio · License #CO 40034206
Source
Crexi
Added: Jun 30 Updated: Jul 22 at 8:38AM Checked: Jul 22 at 8:38AM
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 Berkshire Hathaway | Synergy Realty Group
Investment Insights
Based on property information with market context.
This two-story cinder block warehouse offers a flexible layout with a front portion suited for retail, showroom, office, or other customer-facing operations. The main warehouse includes approximately 16-foot ceilings, multiple work and storage areas, abundant electrical capacity, five HVAC/ventilation systems, and 220-volt power. The former 10-foot rear overhead door has been infilled but could potentially be restored. Two service doors provide convenient access to a secure, fenced rear yard. The gated front entry is supported by two pedestrian entrances.
The upper level features additional open workspace, private office space, and two restrooms with occupancy sensors. Recent updates include electrical improvements, HVAC upgrades, and a mini-split system for enhanced comfort and efficiency. Three off-street parking spaces are available, along with additional on-street parking.
A fully fenced rear yard is topped with razor wire for added security, and the building is supported by both interior workspace and secure outdoor access suitable for a range of industrial and commercial uses.
The upper level features additional open workspace, private office space, and two restrooms with occupancy sensors. Recent updates include electrical improvements, HVAC upgrades, and a mini-split system for enhanced comfort and efficiency. Three off-street parking spaces are available, along with additional on-street parking.
A fully fenced rear yard is topped with razor wire for added security, and the building is supported by both interior workspace and secure outdoor access suitable for a range of industrial and commercial uses.
Key Highlights
- 1987 two‑story cinder block warehouse with flexible front space for retail, showroom, office, or customer‑facing use
- Main warehouse features approx. 16‑foot ceilings, multiple work/storage areas, and abundant electrical capacity with 220‑volt power
- Five HVAC/ventilation systems plus recent HVAC upgrades and mini‑split system for comfort and efficiency
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 | $44.6k | $13.56 |
| − Vacancy | −$2.0k | −$0.60 |
| EGI | $42.6k | $12.96 |
| − OpEx | −$6.4k | −$1.94 |
| NOI | $36.3k | $11.02 |
3,290 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$517.9K
$453.2K – $604.2K
NOI $36,252 @ 7.0% cap · market cap 5.00%
Second Best
Office B
$462.7K
$404.8K – $539.8K
NOI $32,386 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$649.7K
$568.5K – $758.0K
NOI $45,481 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Headmaster Medical Marijuana
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Susanna's Comfort Cuisine Food Trailer — 1130 E Willamette Ave, Colorado Springs, CO 80903
FAQs
What type of property is this?
Flex space - Two-story cinder block warehouse includes 16-foot ceilings, office/workspace upstairs, and secure fenced rear yard access.
Where is this flex space located?
The property is located at 319 BONFOY AVE Colorado Springs, CO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1987 two‑story cinder block warehouse with flexible front space for retail, showroom, office, or customer‑facing use; Main warehouse features approx. 16‑foot ceilings, multiple work/storage areas, and abundant electrical capacity with 220‑volt power; Five HVAC/ventilation systems plus recent HVAC upgrades and mini‑split system for comfort and efficiency
