Office Building Near
415 W Bijou St Colorado Springs, CO
For Sale
Contact for pricing
Office building near I-25 and Downtown Colorado Springs.
Property Size3,476 SF
Lot Size0.22 Acres
Price / SF$179.80
Days on Market521
Property Features for 415 W Bijou St
General Information
- Standard status
- Active
- Size
- 3,476 SF
- Lot size
- 0.22 Acres
- Property subtype
- OFFICE
Listing Agency:
Kinsey & Company Commercial Real Estate
(720) 280-5757
Listed By:
Jason F. Kinsey
(720) 280-5757
Source:
Moodyscre
Added: Feb 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:15AM
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 Kinsey & Company Commercial Real Estate
Investment Insights
Based on property information with market context.
The property features an office building located near I-25, in close proximity to Downtown Colorado Springs. The site includes a primary three-story office building and a secondary, freestanding building. Signage opportunities are available along W Bijou St. The property, with a size of 3476 square feet, can be occupied by a buyer as an owner/user or converted into an investment property.
Key Highlights
- Located just off I‑25 and close to Downtown Colorado Springs.
- Two buildings on the property: a main 3‑floor office building and a secondary freestanding building.
- Signage availability along W Bijou St.
Financial Insights For Office B
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 | $52.1k | $15.00 |
| − Vacancy | −$6.5k | −$1.88 |
| EGI | $45.6k | $13.13 |
| − OpEx | −$11.4k | −$3.28 |
| NOI | $34.2k | $9.84 |
3,476 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$488.8K
$427.7K – $570.3K
NOI $34,217 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$686.5K
$600.7K – $800.9K
NOI $48,052 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kinnaird Law Firm
Law Firm
Sean Cloyes
Law Firm
Berken Cloyes, PC
Law Firm
FAQs
What type of property is this?
Office building - Office building near I-25 and Downtown Colorado Springs.
Where is this office building located?
The property is located at 415 W Bijou St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Located just off I‑25 and close to Downtown Colorado Springs.; Two buildings on the property: a main 3‑floor office building and a secondary freestanding building.; Signage availability along W Bijou St.
