316 Platte Ave Colorado Springs, CO 80903
- Office Properties & Spaces
- 1,500 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 316 Platte Ave
- Year built
- 1894
- Property size
- 1,500 SF
- Property type
- Office Properties & Spaces
Description
This charming, two-story, 1,500-square-foot traditional office building is situated in downtown Colorado Springs, Colorado, at 316 E Platte Ave, zip code 80903. Built in 1894, this unique property sits on a 3,000-square-foot lot and is zoned R-5. The asking price is $424,995, translating to $283.33 per square foot. The building offers ample off-street parking, a significant advantage given its location. Its proximity to Acacia Park and Palmer High School, coupled with its placement between Wahsatch and Weber streets, ensures high visibility and foot traffic. Previously used as both an office and a residence, this versatile property presents numerous possibilities for future use. The property's location within an Opportunity Zone and Enterprise Zone offers potential tax advantages. The building consists of one building with two stories, and the tenancy is single. Consider the potential of this exceptional property in a thriving downtown area. Its history and location combine to create a unique investment opportunity.
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
- -104.819
- Latitude
- 38.8383
