124 Delaware Dr Colorado Springs, CO 80909
This exceptional 15,302-square-foot church property, located at 124 Delaware Dr in Colorado Springs, Colorado, is offered at $2,250,000. Situated on a 1.66-acre lot, this single-story building boasts a spacious sanctuary with seating for approximately 325 people. Ample parking is provided with 102 spaces on-site, supplemented by an additional 20 street parking spaces. The property benefits from significant renovations completed in 2018, including a new roof and HVAC systems. The property is currently 100% occupied and zoned MX-L CU AO, offering versatile usage potential beyond religious purposes. Potential alternative uses include schools, rehabilitation facilities, fitness centers, and automotive uses, all permitted under the existing zoning. This well-maintained property presents a unique opportunity for a variety of businesses or organizations seeking a substantial and conveniently located facility in a thriving Colorado Springs neighborhood with easy access to Academy and Platte. The property's size, parking capacity, and recent renovations make it an attractive investment. The zip code is 80909.
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Redemption Hill Church Church
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Iglesia Nueva Vida - Food Distribution Center Food Bank Charitable Organization
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
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Property description
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