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    4621 Austin Bluffs Pkwy Colorado Springs, CO 80918

    For Sale
    $2,390,000

    Turnkey Restaurant & Co-op Kitchen

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Colorado Springs mixed-use property offers a rare investment opportunity. The 5,000-square-foot building, constructed in 2020, boasts a fully equipped co-op kitchen currently servicing multiple food trucks and restaurants. The property includes ample space for additional restaurant operations and even a potential production facility. Situated on a sizable 0.801-acre lot (34,907 square feet), the property also features a secure storage/bullpen area. Currently operating at 100% occupancy, this Class B building presents a strong cash flow with significant growth potential. The property is zoned PBC AO and is offered at $2,390,000 ($478 per square foot). This turnkey operation is ideal for an owner-user seeking a profitable and established business. The single-story building is a prime example of a successful commercial kitchen and restaurant complex. A 1031 exchange is permitted.

    Property Features for 4621 Austin Bluffs Pkwy

    General Information

    Property type
    Restaurants
    Square Feet
    5,000 SF
    Class
    B
    Lot Size
    34,892 SF

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $2,390,000 asking price for a 5,000 SF mixed‑use building.
    • Turnkey commercial property with a fully equipped commissary kitchen, built in 2020.
    • Features multiple restaurant spaces and potential for a production facility.
    • 0.801‑acre lot (34,907 SF) with secure storage.
    • 100% occupancy, Class B building, suitable for a 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dazed Creations Ice Cream Shop Papa's Restaurant III Pizza Restaurant Full Board Charcuterie Charcuterie Five Star Food ... Ice Cream Shop Nature’s Start Bread ... Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -104.7443442
    Latitude
    38.8981173

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant & Co-op Kitchen
    Where is this restaurant located?
    The property is located at 4621 Austin Bluffs Pkwy Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,390,000.
    What are key features of this property?
    This property features: $2,390,000 asking price for a 5,000 SF mixed-use building.; Turnkey commercial property with a fully equipped commissary kitchen, built in 2020.; Features multiple restaurant spaces and potential for a production facility.
    Request Owner's contact information
    4621 Austin Bluffs Pkwy Colorado Springs, CO 80918
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    Colorado Springs, CO 80918
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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
    4621 Austin Bluffs Pkwy Colorado Springs, CO 80918
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