1403-1409 8 St Colorado Spg Co Colorado Springs, CO 80905
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.