223 Wahsatch Ave Colorado Springs, CO 80903
- Office buildings
- 8,900 SF
- 0.21 lot acres
Current Use by Public Records
- REALOUTDOORSMAN RECORDINGS / Recording Studio
- Rasolkhani-Kal Tasha M / Psychologist
- THEATREdART / Theater Company
- Christine Burcham, LPC / Counselor / Doctor
- Adult/Youth Counseling Services: Mc Clendon Roy / Family Counselor
Property Details for 223 Wahsatch Ave
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 8,900 SF
- Zone code
- C6
- Property type
- Office buildings
- APN
- 6418106005
- APU
- 6418106005
Description
This exceptional two-story office building, situated at 223 N Wahsatch Ave in Colorado Springs, CO 80903, presents a unique investment opportunity. Built in 1967, the property boasts a total of 8,900 square feet across a single building, situated on a 9,000 square foot lot. Currently, the occupancy rate is 14%, offering significant potential for growth and income generation. The property is zoned C-6, allowing for a variety of commercial uses. The building offers flexible lease terms, with spaces ranging from 280 square feet to 7,640 square feet immediately available. This makes it ideal for a variety of tenants, from small startups to larger established businesses. Convenient onsite parking is a key feature, enhancing the appeal for employees and clients alike. The location is highly desirable, offering easy access to all downtown amenities while being just outside the core of the city. The property also offers the opportunity for building signage, providing excellent visibility and branding potential. This is a rare chance to acquire a well-located, adaptable office building with significant upside potential in a thriving Colorado Springs market. The property's multi-tenant capacity allows for diverse income streams and a strong return on investment. Don't miss this opportunity to own a piece of Colorado Springs' vibrant commercial landscape.
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
- -104.817
- Latitude
- 38.8374
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA