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Property profile & analytics
OFF-MARKET
Specialty properties

2923 Pikes Peak Ave Colorado Springs, CO 80904

8,511 SF
Property ID
Property summary
AI-generated overview

This stunning, historic church building at 2923 W Pikes Peak Ave, Colorado Springs, CO 80904, is offered for sale at $1,495,000. The 8,511 square foot, two-story structure sits on a desirable corner lot, boasting unique stained-glass windows and ample on-site parking and storage. Currently zoned R-5 (Multi-family Residential), this versatile property presents a unique owner-user opportunity. The sanctuary can comfortably accommodate up to 160 people, making it ideal for its current use or a variety of alternative purposes. Its prime location between Old Colorado City and Manitou Springs offers excellent visibility and accessibility. Potential future uses could include a wedding venue, event space, restaurant, group housing, school, daycare center, or classrooms/training facility. The property features one building with a single tenancy and offers significant potential for a discerning buyer seeking a unique and adaptable space in a highly desirable location. The price per square foot is $175.66, and the price per unit is $1,495,000.

Property profile
Verified
Property type Specialty properties
Total area 8,511 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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