2100 Platte AveColorado Springs, CO 80909

Property Details for 2100 Platte Ave

Year built

1941

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.27 AC

Property size (Sq ft)

2,155 SF

Zone code

C6

Property type

Retail properties

Property subtype

Bars

APN

6416209054

APU

6416209054

Description

This exceptional mixed-use investment opportunity in Colorado Springs, Colorado, encompasses four lots totaling 0.54 acres and boasts 11 existing buildings, plus a large vacant lot. The property is strategically located on Platte Avenue, a major thoroughfare, ensuring high visibility and accessibility. The zoning (MX-L) allows for diverse uses, maximizing investment potential. Key features include a 2,155 sq ft bar and restaurant (Vultures Bar and Restaurant) situated at the corner of Platte and Iowa Avenues. Additionally, there are six cottages, a three-unit apartment building, and an office/apartment building, all offering significant renovation or redevelopment potential. A substantial 2,225 sq ft retail building facing Platte Avenue benefits from considerable daily drive-by traffic. Finally, a large vacant lot (11,979 sq ft) at the rear of the property provides ample space for future expansion or development. The asking price is $1,400,000. This property presents a unique chance to capitalize on a prime location and diverse existing structures in a thriving Colorado Springs market. The combination of established businesses and significant development potential makes this an attractive investment for discerning buyers.

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8373

Longitude

-104.79

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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