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Property profile & analytics
OFF-MARKET
Lifestyle centers

1403-1409 8 St Colorado Spg Co Colorado Springs, CO 80905

8,480 SF
Property ID
Property summary
AI-generated overview

This exceptional 8,480 square foot shopping center in Colorado Springs, Colorado presents a remarkable investment opportunity. Located at 1403-1409 S 8th St, 80905, this single-story property sits on a spacious 25,409 square foot lot and is zoned C-5, allowing for a wide range of business uses. Currently configured as three units, the property can easily be converted back to its original four-unit layout. The property boasts a high-traffic location in the desirable Skyway/Broadmoor area, just minutes from Motor City, and enjoys excellent visibility facing open space. The asking price is $1,490,000. All existing businesses will vacate upon sale, ensuring a clean slate for the new owner. This presents a unique chance to acquire a well-situated retail center with significant potential for growth and redevelopment in a thriving Colorado Springs neighborhood. The property's size and zoning provide flexibility for a variety of commercial ventures. Don't miss this chance to own a piece of Colorado Springs' vibrant commercial landscape.

Property profile
Verified
Property type Lifestyle centers
Total area 8,480 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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