Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    206 Tejon St Colorado Springs, CO 80903

    Sponsored
    For Sale
    $2,200,000

    Historic building, prime location, owner-user opportunity

    Property size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning 7,500 square foot, two-story retail building, located at 206 N Tejon St in Colorado Springs, CO 80903, presents a rare opportunity. Built in 1900, this property boasts 14-foot ceilings, floor-to-ceiling brick walls, and skylights, creating a bright and inviting atmosphere. Its prime location directly across from the recently renovated Acacia Park ensures high visibility and foot traffic. The building is zoned FBZ-T1 and benefits from its location within a Qualified Opportunity Zone and Enterprise Zone, offering significant tax incentives. A nearby city parking garage provides ample parking with 305 spaces. The flexible interior layout, combined with the building's historical charm and fully utilizable lower level, makes it ideal for a variety of uses, including restaurants and storefronts. The asking price is $2,200,000. This exceptional property offers unparalleled visibility and a unique opportunity to own a piece of Colorado Springs' vibrant downtown.

    Property Features for 206 Tejon St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,500 SF

    Building Details

    Year Built
    1900
    Stories
    2

    HighLights

    • $2,200,000 asking price for a 7,500 SF retail building.
    • Located at 206 N Tejon St, Colorado Springs, CO 80903.
    • Two‑story building, built in 1900, with FBZ‑T1 zoning.
    • Owner/user opportunity in a Qualified Opportunity Zone and Enterprise Zone.
    • Excellent visibility and pedestrian traffic, ideal for retail or restaurant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Clothing Store Daycare Center

    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
    -104.82333428288
    Latitude
    38.837053750342

    Nearby Similar for Sale

    • $1,499,800
      0.16 Acres

      Modern Duplex in Colorado Springs

      Move-in ready duplex with finished basement and mountain views.
      145 Terrace Dr, Colorado Springs, CO 80906
      View Details
    • $2,599,000
      0.19 Acres

      Downtown Haven with Skyline View

      Spacious rooms, private bathrooms, and city skyline views.
      6 Boulder Crescent St, Colorado Springs, CO 80903
      View Details
    • New
      $999,900
      0.16 Acres

      Modern Duplex Near UCCS

      Side-by-side units with 4 beds, 4 baths, 2-car garage.
      4266 Orchid St, Colorado Springs, CO 80917
      View Details
    • $535,000
      0.14 Acres

      Cozy Home with Modern ADU

      Charming home with a fully furnished, modern ADU.
      711 N Spruce St, Colorado Springs, CO 80905
      View Details
    • $2,400,000
      1.08 Acres

      Turn-Key Church Property For Sale

      Highly visible church property near Garden of the Gods.
      820 N 30Th St, Colorado Springs, CO 80904
      View Details
    • $830,000
      0.22 Acres

      Duplex with Separate Cottage

      Large lot near Memorial Hospital and Olympic Training Center.
      1512 E Monument St, Colorado Springs, CO 80909
      View Details
    • $685,000
      0.23 Acres

      Historic Triplex in Old Colorado City

      Historic triplex with investment and single-family conversion potential.
      708 Cooper Ave, Colorado Springs, CO 80905
      View Details
    • $450,000
      0.21 Acres

      Colorado Springs Duplex on Large Lot

      Duplex near downtown Colorado Springs with remodeled upper unit.
      909 E Costilla St, Colorado Springs, CO 80903
      View Details
    • New
      $795,000
      10,000.00 Acres

      Income-Producing Duplex in Colorado Springs

      Well-maintained duplex with updated unit and rental history.
      6714 Palace Dr, Colorado Springs, CO 80918
      View Details
    • $585,000
      Pending

      Urban Townhouse with Income Potential

      Downtown living with income from two separate units.
      910 S Weber St, Colorado Springs, CO 80903
      View Details
    • New
      $675,000
      0.16 Acres

      Colorado Springs Duplex Investment Opportunity

      Well-maintained duplex in desirable location near downtown and trails.
      414 W Cheyenne Rd, Colorado Springs, CO 80906
      View Details
    • $435,000
      Pending

      Duplex in Broadmoor Terrace

      Desirable Colorado Springs duplex with mountain views and modern amenities.
      45 Newport Cir, Colorado Springs, CO 80906
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Historic building, prime location, owner-user opportunity
    Where is this individual retail property located?
    The property is located at 206 Tejon St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price for a 7,500 SF retail building.; Located at 206 N Tejon St, Colorado Springs, CO 80903.; Two-story building, built in 1900, with FBZ-T1 zoning.
    Request Owner's contact information
    206 Tejon St Colorado Springs, CO 80903
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    206 Tejon St
    Colorado Springs, CO 80903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Tejon St Colorado Springs, CO 80903
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.