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    330 Institute St Colorado Springs, CO 80903

    Sponsored
    For Sale
    $1,300,000

    Historic Charm, Modern Retail Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional storefront property at 330 N Institute St, Colorado Springs, CO 80903, is offered at $1,300,000. Ideally situated in a vibrant downtown location, this retail space boasts convenient access to major highways and public transportation, ensuring high visibility and accessibility for your business. The property itself is a beautiful blend of classic architectural details and modern updates, creating a warm and inviting atmosphere. Inside, you'll find multiple private offices, perfect for individual work or team collaboration, complemented by a welcoming reception area ideal for client interaction. Ample storage space is also available, catering to various business needs. The property further benefits from dedicated on-site parking for both staff and clients, a significant advantage in a bustling urban setting. This unique space offers a rare opportunity to establish your business in a location that combines historic charm with the functionality of a modern workspace. The property's central location and attractive features make it an excellent investment opportunity for discerning businesses seeking a distinctive and productive environment in the heart of Colorado Springs. This is a truly remarkable opportunity to own a piece of Colorado Springs history while enjoying the benefits of a contemporary, well-equipped commercial space.

    Property Features for 330 Institute St

    General Information

    Property type
    Individual retail properties

    HighLights

    • Prime downtown Colorado Springs location with easy highway and public transit access.
    • Multiple private offices, reception area, conference rooms, and abundant storage.
    • Blends classic architecture with modern updates for a professional atmosphere.
    • On‑site client and staff parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Switchback Coffee Roasters ... Coffee Shop

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm 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
    -104.8083907
    Latitude
    38.8388844

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    FAQs

    What type of property is this?
    Individual retail property - Historic Charm, Modern Retail Space
    Where is this individual retail property located?
    The property is located at 330 Institute St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Prime downtown Colorado Springs location with easy highway and public transit access.; Multiple private offices, reception area, conference rooms, and abundant storage.; Blends classic architecture with modern updates for a professional atmosphere.
    Request Owner's contact information
    330 Institute St Colorado Springs, CO 80903
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    Colorado Springs, CO 80903
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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
    330 Institute St Colorado Springs, CO 80903
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