Colorado Springs Office
955 E Colorado Ave Colorado Springs, CO
955 E Colorado Ave, Colorado Springs, CO, 00000
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For Sale
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Professional office condo in central Colorado Springs location.
Property Size1,096 SF
Lot Size0.02 Acres
Price / SF$182.48
Days on Market326
Property Features for 955 E Colorado Ave
General Information
- Standard status
- Active
- Size
- 1,096 SF
- Lot size
- 0.02 Acres
- Property subtype
- OFFICE
Properties For Sale
at 955 E Colorado Ave Contact us
Listing Agency
Cushman & Wakefield | Colorado Springs Commercial
(719) 322-3078
Listed by
David Schroeder II · License #FA.100068961
(719) 322-3078
Source
Moodyscre
Added: Aug 29, 2025 Updated: Jul 6 at 10:26 am Checked: Jul 19 at 5:24 am
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 professional office condo is positioned in the heart of Colorado Springs, offering an efficient and versatile layout. The property is located just minutes from Pikes Peak Avenue, providing quick access to downtown, major thoroughfares, and nearby healthcare facilities. The 1096-square-foot suite features three hard-wall offices, a dedicated conference room, a welcoming reception area, and a storage space. A private restroom is included. This well-designed layout accommodates a variety of professional users, from medical support services to traditional office use. Its central location, strong visibility, and proximity to expanding medical and professional corridors make this property a unique opportunity to own office space in a growing area of the city.
Key Highlights
- Central Colorado Springs location with immediate connectivity to medical and professional developments.
- Minutes from Pikes Peak Avenue, providing quick access to downtown and major thoroughfares.
- Versatile layout suitable for medical support services or traditional office use.
Local Financial Insights For Office B
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 | $16.4k | $15.00 |
| − Vacancy | −$2.1k | −$1.88 |
| EGI | $14.4k | $13.13 |
| − OpEx | −$3.6k | −$3.28 |
| NOI | $10.8k | $9.84 |
1,096 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$154.1K
$134.9K – $179.8K
NOI $10,789 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$216.4K
$189.4K – $252.5K
NOI $15,151 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
PIF DMO
Building Supply
Wyckoff & Associates
Consultant
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FAQs
What type of property is this?
Office units - Professional office condo in central Colorado Springs location.
Where is this office units located?
The property is located at 955 E Colorado Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Central Colorado Springs location with immediate connectivity to medical and professional developments.; Minutes from Pikes Peak Avenue, providing quick access to downtown and major thoroughfares.; Versatile layout suitable for medical support services or traditional office use.