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Downtown Colorado Springs Retail Opportunity
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206 N Tejon St, Colorado Springs, CO 80903

Turn-of-the-century building in the heart of downtown.

Property Size7,500 SF
Days on Market196

Property Features for 206 N Tejon St

General Information

Standard status Active
Size 7,500 SF
Property subtype RETAIL

Building Details

Year Built 1900
Listing Agency: Olive Real Estate Partners, Inc.
Listed By: Jeremy Shirley · License #Co FA.100067771
Source: Olivereg
Added: Mar 26 Changed: Sep 11 Last Checked: Oct 5 at 3:08PM

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 Olive Real Estate Partners, Inc.

Investment Insights

Based on property information with market context.

Located at 206 N Tejon Street in the retail heart of Downtown Colorado Springs, this turn-of-the-century building offers a unique opportunity for an owner-user. The property features 14-foot ceilings, floor-to-ceiling brick walls, and skylights that provide abundant natural light. Situated directly across the street from Acacia Park, which recently underwent a $2 million renovation, the location attracts visitors from all over the city. The property is located in a Qualified Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses. Parking is available in the city parking garage directly behind the building, which offers 305 parking spaces. The property enjoys excellent street frontage and visibility to both pedestrian and vehicle traffic, making it ideal for retail, restaurant, or other customer-facing businesses. The building's historical features and fully utilizable lower level, combined with its flexible interior, make it perfect for modern renovations while preserving its unique architectural charm. The property has a size of 7,500 square feet.

Key Highlights

  • Prime Downtown Location: Situated in the retail heart of Downtown Colorado Springs, directly across from the renovated Acacia Park.
  • Tax Incentives: Located in a Qualified Opportunity Zone and Enterprise Zone, offering special tax benefits.
  • High Visibility: Excellent street frontage and visibility to pedestrian and vehicle traffic.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Pet Store & Service Adult Day Care Electrical Service

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

4,789
Businesses Nearby
114k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 18% Hotels & Casinos 9% Electronics 2%
McDonald's Dining
25,596 visits/mo 0.3 miles
Dutch Bros. Coffee Dining
16,776 visits/mo 0.4 miles
Taco Bell Dining
10,363 visits/mo 0.3 miles
Carl's Jr. Dining
9,767 visits/mo 0.1 miles
Wendy's Dining
8,827 visits/mo 0.2 miles

Demographics for 80903, CO

15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Turn-of-the-century building in the heart of downtown.
Where is this storefront property located?
The property is located at 206 N Tejon St Colorado Springs, CO.
What are key features of this property?
This property features: Prime Downtown Location: Situated in the retail heart of Downtown Colorado Springs, directly across from the renovated Acacia Park.; Tax Incentives: Located in a Qualified Opportunity Zone and Enterprise Zone, offering special tax benefits.; High Visibility: Excellent street frontage and visibility to pedestrian and vehicle traffic.
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