1316 Walnut St Colorado Springs, CO 80905

This exceptional 0.87-acre commercial land parcel presents a rare redevelopment opportunity in a highly desirable Colorado Springs location. Situated at 1316 N Walnut St, this property boasts an excellent address just north of Uintah Street and west of I-25, offering convenient access to downtown (five minutes away) and major transportation arteries. The current zoning is R-E, PDZ, presenting potential for rezoning to accommodate a variety of residential projects. Envisioned uses could include single-family homes, townhomes, duplexes, fourplexes, or multi-family dwellings, subject to necessary approvals. This prime west side location offers significant upside for developers seeking a high-demand area. The property's APN is 7412102019 : 7412102012. An adjacent single-family residential property is also available for separate purchase, adding to the overall development potential. The asking price for this 0.87-acre lot is $768,000. This is a truly unique chance to acquire a significant piece of land in a rapidly growing area of Colorado Springs. Don't miss this chance to capitalize on this prime redevelopment opportunity.