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    Colorado Springs Office/Medical Condo

    955-957 E Colorado Ave Colorado Springs, CO

    955-957 E Colorado Ave, Colorado Springs, CO, 00000
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    Office/medical condo in central Colorado Springs with versatile layout.

    Property Size6,966 SF
    Lot Size0.13 Acres
    Price / SF$157.91
    AddedNov 17, 2025
    Days on Market240
    Last RefreshMay 20 at 8:39 pm

    Property Features for 955-957 E Colorado Ave

    General Information

    Standard status
    Active
    Size
    6,966 SF
    Lot size
    0.13 Acres
    Property subtype
    OFFICE

    Listing office Cushman & Wakefield | Colorado Springs Commercial

    Listing date Nov 17, 2025

    Source Moodyscre

    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 Cushman & Wakefield | Colorado Springs Commercial

    Investment Insights

    Based on property information with market context.

    This office/medical condo is positioned in the heart of Colorado Springs. The property offers an efficient and versatile layout with immediate connectivity to surrounding medical and professional developments. The property is located just minutes from Pikes Peak Avenue, providing quick access to downtown, major thoroughfares, and nearby healthcare facilities. Its central location, strong visibility, and proximity to expanding medical and professional corridors make this a unique opportunity to own office space in a growing area of the city. The property size is 6,966 square feet.

    Key Highlights

    • Prime central location in Colorado Springs.
    • Versatile layout suitable for office or medical use.
    • Strong visibility.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $142.1k $20.40
    − Vacancy −$11.4k −$1.63
    EGI $130.7k $18.77
    − OpEx −$52.3k −$7.51
    NOI $78.4k $11.26
    6,966 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.12M
    $980.5K – $1.31M (±1% cap)
    NOI $78,443 @ 7.0% cap · market cap 7.13%
    Second Best
    Office B
    $979.6K
    $857.2K – $1.14M (±1% cap)
    NOI $68,572 @ 7.0% cap · market cap 6.23%
    Theoretical Best
    Specialty Retail
    $1.38M
    $1.20M – $1.60M (±1% cap)
    NOI $96,298 @ 7.0% cap · market cap 8.75%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Supermarket Clothing & Fashion Store Pet Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Medical Office Space - Office/medical condo in central Colorado Springs with versatile layout.
    Where is this medical office space located?
    The property is located at 955-957 E Colorado Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime central location in Colorado Springs.; Versatile layout suitable for office or medical use.; Strong visibility.
    Contact an agent
    (719) 322-3078 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Schroeder II
    David Schroeder II
    Real Estate License ID: FA.100068961
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