123 Manitou Ave Manitou Springs, CO 80829
- Motels
- 2,494 SF
- 2.18 lot acres
Current Use by Public Records
- Motels
Property Details for 123 Manitou Ave
- Year built
- 1937
- Construction
- WOOD FRAME
- Lot size
- 2.18 lot acres
- Property size
- 2,494 SF
- Zone code
- C
- Property type
- Motels
- APN
- 7404411024
- APU
- 7404411024
Description
This exceptional 2.18-acre commercial land parcel presents a rare development opportunity in Manitou Springs, Colorado. Located at 123 Manitou Ave, this highly visible site boasts a prime location between the Broadmoor and Garden of the Gods neighborhoods, benefiting from significant daily traffic along Highway 24 and Manitou Avenue. The property is zoned C-Commercial, allowing for diverse development options. Environmental remediation is complete, and the site has been rough-graded. Utilities, including water (two existing service lines), sewer, gas, and electricity, are stubbed to the property. Two existing curb cuts on Manitou Avenue provide convenient access. The property also includes two existing monument signs, one on Manitou Avenue and a grandfathered sign on Highway 24, offering significant advertising potential. The owner is open to various transaction structures, including ground lease (preferred), build-to-suit, or outright sale. The parcel may be considered for division. This is an unparalleled chance to capitalize on a highly desirable location with significant infrastructure already in place. Buyer or lessee is responsible for verifying site conditions. APN: 7404411024.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,515,000
- ML approach
- $2,585,000
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Location Insight
- Map
- Local Demand
- City
- Manitou Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.893
- Latitude
- 38.8576
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
