335 Circle Dr Colorado Springs, CO 80909
- Retail properties
- 9,600 SF
Current Use by Public Records
- Medical Cannabis & Partners Marijuana Dispensary (MEDICAL ONLY) / Cannabis Store / Agricultural Production
Property Details for 335 Circle Dr
- Year built
- 1965
- Property size
- 9,600 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 9,600-square-foot storefront, located at 335 N Circle Dr in Colorado Springs, CO 80909, presents a unique investment opportunity. The property, built in 1965 and extensively renovated in 2021, boasts a Class C designation and sits on a sizable 15,800-square-foot lot. Currently operating at 100% occupancy as a single-tenant retail space, the building features two stories and is zoned C6, allowing for a variety of uses. The asking price is $849,900, translating to $182.29 per square foot. The land value alone is assessed at a comparable $182.30 per square foot. The property's prime location on a busy street ensures high visibility and significant traffic exposure. Importantly, the property is approved for medical marijuana retail and cultivation. The seller is open to owner financing options with a negotiable percentage. This presents a rare chance to acquire a well-maintained, versatile commercial property in a thriving Colorado Springs location with significant upside potential. The current lease has approximately two months remaining.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.776
- Latitude
- 38.8369
