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101 Tejon St Colorado Springs, CO 80903-1419

OFF-MARKET Turn key restaurants Google Maps
2,058 SF Built 2006
Entity Owned Free & Clear
Estimated value (blended)
$615k
Range $554k – $677k (±10%)
Property ID US13-0439095

Property summary

AI-generated overview

This exceptional 2,066-square-foot commercial space is ideally situated in the heart of downtown Colorado Springs at 101 N Tejon Street, Suite 108. Located just east of the intersection of N. Tejon and Kiowa Streets, this single-tenant property boasts a prime retail location with high foot traffic. Built in 1903, the building offers a unique blend of historical charm and modern functionality. The suite features floor-to-ceiling storefront windows, providing unparalleled visibility to the bustling downtown activity. This high-traffic area sees approximately 16,000 cars daily, ensuring maximum exposure for your business. The property is zoned FBZ-CEN, making it suitable for a variety of uses, including office space (executive or traditional), retail establishments, or service-based businesses. The entire 2,066 square feet is currently vacant and ready for immediate occupancy. This presents a rare opportunity to establish a presence in one of Colorado Springs' most desirable commercial locations. The property is part of a single-building complex. Don't miss this chance to secure a prominent location in the vibrant downtown core.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,058 SF
Zoning code FBZ-CEN CU
APN 6418209112
UPID US13-0439095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Restaurant
  • Real Estate Agency
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2026
Last sale
$540,000
7 recorded transactions
2026
Price N/A
2026
$885,000
2025
$540,000
2025
Price N/A
2025
$784,000
2025
Price N/A
2025
$2.0M

Zoning & alternative use

FBZ-CEN CU · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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