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    123 Bijou St Colorado Springs, CO 80903

    For Sale
    $1,850,000

    Prime location, 6,940 sq ft, vacant, $1.85M

    Property size:
    6,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,940 square foot commercial property at 123 East Bijou Street in Colorado Springs, Colorado, presents a rare investment opportunity. Located in a prime downtown area, this single-story building sits on a 0.17-acre lot and is currently vacant, offering immediate occupancy. The property is zoned FBZ TI CU and features a newly constructed brick façade, high ceilings, and drive-in doors at the rear, providing excellent accessibility. The interior is in shell condition, allowing for complete customization to suit a variety of uses. Previously utilized as a daycare, storefront, and traditional office space, the flexible layout allows for potential subdivision to accommodate multiple tenants or a single large user. The asking price is $1,850,000. This is a unique chance to acquire a versatile commercial space in a highly desirable downtown Colorado Springs location. The building's adaptability makes it suitable for a range of businesses, from retail to office to specialized uses. Don't miss this opportunity to own a piece of prime Colorado Springs real estate.

    Property Features for 123 Bijou St

    General Information

    Property type
    Day care centers
    Square Feet
    6,940 SF
    Lot Size
    7,405 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 6,940 SF commercial building at 123 East Bijou Street, Colorado Springs.
    • Located in a prime downtown area on a 0.17‑acre lot.
    • Currently vacant, offering immediate occupancy.
    • Features a new brick façade, high ceilings, and rear drive‑in doors.
    • Shell condition interior, allowing for complete customization.
    • Zoned FBZ TI CU, adaptable for various uses (retail, office, etc.).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

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

    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
    -104.8221603
    Latitude
    38.8363061

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    FAQs

    What type of property is this?
    Day care center - Prime location, 6,940 sq ft, vacant, $1.85M
    Where is this day care center located?
    The property is located at 123 Bijou St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 6,940 SF commercial building at 123 East Bijou Street, Colorado Springs.; Located in a prime downtown area on a 0.17-acre lot.; Currently vacant, offering immediate occupancy.
    Request Owner's contact information
    123 Bijou 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
    123 Bijou St Colorado Springs, CO 80903
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