120 Sahwatch St, Colorado Springs, CO 80903

Listing agent Gary Feffer License #CO 000967125

Listing office Fountain Colony LLC Show Phone

Listing date Sep 6, 2024

Source Crexi

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Overview

Located in downtown Colorado Springs, this property resides within a 1.1 square mile district centered at the intersection of I-25 and Highway 24. This area represents the county’s largest concentration of office space, totaling 5.1 million square feet, and over 1 million square feet of retail space. The pedestrian-friendly streets host over 70 retail shops and more than 130 restaurants, breweries, coffee shops, and bars, attracting 11.86 million annual visitors. Downtown Colorado Springs is home to approximately 2,500 businesses employing a workforce of around 27,000. Although the downtown area covers just 0.05% of El Paso County’s total land area, it accounts for 7% of all jobs county-wide. Average wages in downtown are 6% higher than the national average for comparable positions. The area demonstrates a strong entrepreneurial environment, with 482 new business filings in 2022. The Legacy Loop, a 10-mile urban trail system, encircles downtown. Additionally, five parks provide over 180 acres of urban park land. The downtown district hosts over 950 arts, cultural, and special events annually.

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Colorado Springs

County

El Paso

State

Colorado

Longitude

-104.8279544

Latitude

38.8316344

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FAQs

What type of property is this?

Mixed-use property - Prime land in a vibrant downtown district with high foot traffic.

Where is this mixed-use property located?

The property is located at 120 Sahwatch St Colorado Springs, CO.

What are key features of this property?

This property features: Prime downtown location with high concentration of office, retail, and entertainment space.; High pedestrian traffic with over 11.86 million annual visitors.; Significant employment hub with approximately 27,000 jobs and 2,500 businesses.