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Established Restaurant Property For Sale
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320 N Circle Dr, Colorado Springs, CO

Well-maintained restaurant with redevelopment potential on a large lot.

Lot Size0.90 Acres
Days on Market348

Property Features for 320 N Circle Dr

General Information

Standard status Active
Lot size 0.90 Acres
Property subtype RETAIL
Listing Agency: Miramont Commercial Real Estate
Listed By: Simon Penner
Source: Moodyscre
Added: Aug 19, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:14AM

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 Miramont Commercial Real Estate

Investment Insights

Based on property information with market context.

This well-maintained restaurant property, home to the Bean Bandit Restaurant since 1975, is available for purchase. The property is situated on a 24,000 square foot parcel of land, offering direct access and exposure to Circle Drive near Platte Avenue. A large parking lot, recently repaved and newly striped, provides 35 or more parking spaces. This property presents an opportunity for a restaurant or tavern operator, and it also has redevelopment potential.

Key Highlights

  • Direct access and exposure to Circle Drive near Platte Avenue.
  • Large, recently repaved and newly striped parking lot with 35+ spaces.
  • Located on a 24,000 SF parcel of land.

Property Analytics

Current Use

Bean Bandit Mexican ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Travel Agency Food Market

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

1,470
Businesses Nearby
198k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 56% Shops & Services 27% Dining 13% Electronics 3%
Walmart Superstores
110,386 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,652 visits/mo 0.2 miles
Wendy's Dining
12,657 visits/mo 0.2 miles
Wells Fargo Shops & Services
9,471 visits/mo 0.2 miles
Loaf 'N Jug Shops & Services
9,259 visits/mo 0.3 miles

Market

Properties on Market for Restaurants in Colorado Springs

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Well-maintained restaurant with redevelopment potential on a large lot.
Where is this restaurant located?
The property is located at 320 N Circle Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Direct access and exposure to Circle Drive near Platte Avenue.; Large, recently repaved and newly striped parking lot with 35+ spaces.; Located on a 24,000 SF parcel of land.
(719) 229-1585 Call to check price and availability
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