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    2411 Colorado Ave Colorado Springs, CO 80904

    Sponsored
    For Sale
    $1,056,000

    Historic storefront, prime location

    Property size:
    3,299 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,299 square foot retail condo is situated in the vibrant heart of Old Colorado City, Colorado Springs. Located at 2411 W Colorado Ave, this owner-user opportunity boasts a street-level storefront with excellent visibility and direct access to Colorado Avenue. Built in 1906 and extensively renovated in 2022, the property features two units on a single story within a single building. The space is beautifully finished and benefits from high daytime foot traffic. Parking is available on the street. The property is zoned C6 CU and has APN numbers 7411233025 & 7411233024. Condo association fees are $835 per month, encompassing utilities, building insurance, roof reserve, and other shared expenses. Individual condo owners are responsible for their own HVAC systems. This is a rare chance to own a piece of Old Colorado City's rich history and thriving retail scene. The asking price is $1,056,000.

    Property Features for 2411 Colorado Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,299 SF

    Building Details

    Year Built/Renovated
    1906/2022
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 3,299 SF retail condo in Old Colorado City, Colorado Springs.
    • Located at 2411 W Colorado Ave with street‑level storefront and high visibility.
    • Built in 1906, extensively renovated in 2022, two units on one floor.
    • High foot traffic, street parking.
    • Zoned C6 CU, APN 7411233025 & 7411233024.
    • $835/month HOA includes utilities, insurance, and roof reserve. Individual HVAC responsibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Republic of Paws Pet Supply Store Republic of Paws Grooming ... Pet Groomer

    Suggested Use

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

    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
    -104.8617624762
    Latitude
    38.846578438909

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    FAQs

    What type of property is this?
    Individual retail property - Historic storefront, prime location
    Where is this individual retail property located?
    The property is located at 2411 Colorado Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,056,000.
    What are key features of this property?
    This property features: 3,299 SF retail condo in Old Colorado City, Colorado Springs.; Located at 2411 W Colorado Ave with street-level storefront and high visibility.; Built in 1906, extensively renovated in 2022, two units on one floor.
    Request Owner's contact information
    2411 Colorado Ave Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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    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
    2411 Colorado Ave Colorado Springs, CO 80904
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