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    2102 Bijou St Colorado Springs, CO 80909

    For Sale
    $699,900

    Profitable Turnkey Eatery, Prime Location

    Property size:
    3,142 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a thriving bar and restaurant located at 2102 E Bijou St, Colorado Springs, CO 80909. Priced at $699,900, this single-tenant, 3,142 square foot establishment offers a compelling return on investment at $222.76 per square foot. Built in 1963, the property sits on a 0.38-acre lot and is classified as a Class C building with C6 zoning, ensuring flexibility for various uses. The building's single-story design optimizes space and functionality. Its prime location within a vibrant retail corridor in Colorado Springs provides excellent visibility and accessibility, surrounded by complementary businesses. This owner/user opportunity is ideal for an experienced restaurateur seeking an established operation or an investor looking for a strong cash-flow generating asset. The property's established clientele and proven track record make it a particularly attractive proposition. The building's single-story design and ample square footage offer significant operational advantages. This is a rare chance to acquire a well-positioned, profitable business in a thriving Colorado Springs market. The property's C6 zoning provides flexibility for future expansion or adaptation to changing market demands. Serious inquiries are encouraged.

    Property Features for 2102 Bijou St

    General Information

    Property type
    Restaurants
    Square Feet
    3,142 SF
    Class
    C
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    1

    HighLights

    • $699,900 asking price for this owner‑user opportunity.
    • 3,142 square foot retail space in a single‑tenant building.
    • Located at 2102 E Bijou St, Colorado Springs, CO 80909.
    • Class C building built in 1963 on a 0.38‑acre lot.
    • C6 zoning.
    • $222.76 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Skybox Lounge Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -104.7899535
    Latitude
    38.8358869

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    FAQs

    What type of property is this?
    Restaurant - Profitable Turnkey Eatery, Prime Location
    Where is this restaurant located?
    The property is located at 2102 Bijou St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: $699,900 asking price for this owner-user opportunity.; 3,142 square foot retail space in a single-tenant building.; Located at 2102 E Bijou St, Colorado Springs, CO 80909.
    Request Owner's contact information
    2102 Bijou St Colorado Springs, CO 80909
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    2102 Bijou St
    Colorado Springs, CO 80909
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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
    2102 Bijou St Colorado Springs, CO 80909
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