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32-Unit Motel
For Sale
$2,880,000

3920 N Nevada Avenue, Colorado Springs, CO 80907

Established motel property with redevelopment and conversion potential, subject to zoning and intended-use verification.

Property SizeContact for details
Days on Market207

Property Features for 3920 N Nevada Avenue

General Information

Standard status Active
Property subtype General Commercial

Amenities

3

Building Details

Year Built 1968
Listing Agency: Kc Realty
Listed By: Kyong Chu
Source: Xome
Added: Feb 6 Changed: Aug 30 Last Checked: Aug 31 at 3:24PM

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 Kc Realty

Investment Insights

Based on property information with market context.

Built in 1968, this motel contains 32 units within more than 13,000 square feet of building area. The existing configuration supports continued hospitality use and is also identified for evaluation as extended-stay housing, multifamily conversion, or other income-producing applications, subject to zoning and intended-use verification.

The property is located near the University of Colorado Colorado Springs, Downtown Colorado Springs, and Garden of the Gods. Nearby retail and dining include Costco, Lowe’s, and a variety of restaurants. Major employment centers and Air Force installations are also identified in the surrounding area.

Key Highlights

  • 32‑unit motel built in 1968
  • More than 13,000 square feet of building area
  • Near University of Colorado Colorado Springs, Downtown Colorado Springs, and Garden of the Gods

Property Analytics

Current Use

Best Inn Motel Hotel & Motel

Suggested Use

Top Pick Law Firm Hair Salon Dental Office Nail Salon Pharmacy (Bike/Boat/Book/etc) Store

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

810
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80907, CO

28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Skylark mobile home park 3831 N Cascade Ave, Colorado Springs, CO 80907
  • Aspen Lodge 3990 N Nevada Ave, Colorado Springs, CO 80907
  • Ranch Motel 3900 N Nevada Ave, Colorado Springs, CO 80907
  • Best Inn Motel 3920 N Nevada Ave, Colorado Springs, CO 80907
  • End of the Trail Motel 4200 N Nevada Ave, Colorado Springs, CO 80907

Frequently Asked Questions

What type of property is this?
Motel - Established motel property with redevelopment and conversion potential, subject to zoning and intended-use verification.
Where is this motel located?
The property is located at 3920 N Nevada Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: 32‑unit motel built in 1968; More than 13,000 square feet of building area; Near University of Colorado Colorado Springs, Downtown Colorado Springs, and Garden of the Gods
More about this property
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