Two-Story Warehouse with
For Sale
Contact for pricing
319 Bonfoy Ave, Colorado Springs, CO 80909
Two-story cinder block warehouse with office and showroom-ready front space, 16-foot ceilings, and fenced rear yard access.
Property Size3,290 SF
Price / SF$220.36
Days on Market33
Property Features for 319 Bonfoy Ave
General Information
Standard status
Active
Size
3,290 SF
Total Parking Spaces
3
Property subtype
RETAIL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
16 ft
Amenities
gated front entry
secure fenced rear yard
razor wire security
occupancy sensor restrooms
Building Details
Stories
2
Construction
cinder block
Listing Agency:
BHHS - Synergy Realty Group | Colorado Springs
(719) 660-5223
Listed By:
Charles D’Alessio
(719) 660-5223
Source:
Moodyscre
Added: Jun 30
Changed: Jul 27
Last Checked: Jul 27 at 6:25PM
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 BHHS - Synergy Realty Group | Colorado Springs
Investment Insights
Based on property information with market context.
This two-story cinder block warehouse offers a flexible interior layout with a front portion well suited for retail, showroom, or customer-facing office use. The main warehouse area features approximately 16-foot ceilings, multiple work/storage areas, and substantial utilities including abundant electrical capacity and 220-volt power. Climate and ventilation are supported by five HVAC/ventilation systems, along with a recent mini-split system. The upper level includes open workspace, private office space, and two restrooms with occupancy sensors. Service and access are supported by two pedestrian entrances, a gated front entry, and two service doors opening to a secure, fenced rear yard. The former 10-foot rear overhead door has been infilled but could potentially be restored.
The property includes three off-street parking spaces plus additional on-street parking. The rear yard is fully fenced and topped with razor wire for added security.
Recent updates include electrical improvements and HVAC upgrades, supporting a warehouse configuration with office space and separate work areas for a range of commercial operations.
The property includes three off-street parking spaces plus additional on-street parking. The rear yard is fully fenced and topped with razor wire for added security.
Recent updates include electrical improvements and HVAC upgrades, supporting a warehouse configuration with office space and separate work areas for a range of commercial operations.
Key Highlights
- Two‑story cinder block warehouse with front space suited for retail, showroom, office, or other customer‑facing operations
- Main warehouse has approx. 16‑foot ceilings and multiple work/storage areas with abundant electrical capacity and 220‑volt power
- Multiple climate systems: five HVAC/ventilation systems plus recent HVAC upgrades and a mini‑split for added comfort
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 | $59.2k | $18.00 |
| − Vacancy | −$2.7k | −$0.81 |
| EGI | $56.6k | $17.19 |
| − OpEx | −$17.0k | −$5.16 |
| NOI | $39.6k | $12.03 |
3,290 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$565.6K
$494.9K – $659.8K
NOI $39,589 @ 7.0% cap · market cap 5.46%
Second Best
Warehouse
$517.9K
$453.2K – $604.2K
NOI $36,252 @ 7.0% cap · market cap 5.00%
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 authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,303
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
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?
Flex space - Two-story cinder block warehouse with office and showroom-ready front space, 16-foot ceilings, and 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: Two‑story cinder block warehouse with front space suited for retail, showroom, office, or other customer‑facing operations; Main warehouse has approx. 16‑foot ceilings and multiple work/storage areas with abundant electrical capacity and 220‑volt power; Multiple climate systems: five HVAC/ventilation systems plus recent HVAC upgrades and a mini‑split for added comfort
