1605 N Union Blvd Colorado Springs, CO 80909
For Sale
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This exceptional 13,273 square foot medical office building, located at 1605 N Union Blvd in Colorado Springs, Colorado, is available for $2,500,000 ($188.35/SF). Currently vacant, this property presents a unique opportunity for medical practitioners or investors. The building boasts 17 examination rooms, each equipped with wash stations, enhancing its functionality. Two dedicated X-ray rooms and five ADA-compliant restrooms ensure patient comfort and accessibility. Nine private office spaces provide ample room for administrative staff and consultations. Two nurse/reception areas and three storage areas offer efficient workflow management. The building also includes two wash/supply areas, two spacious lobby/waiting areas, and a dedicated mop sink closet. An elevator ensures convenient access to all floors. A large unfinished basement provides additional storage and includes access to the boiler room, complete with a sprinkler system, an exit door, and a sump pump. The building's electrical systems are fully code-compliant, and four water heaters, along with backflow prevention systems, are in place. Ample parking is available for staff and patients. This prime Colorado Springs location in El Paso County (zip code 80909) offers excellent visibility and accessibility. This is a turnkey opportunity for a medical practice seeking a well-equipped and conveniently located facility.
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Lamonica Jami L Physician
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Leah Anne Derksen Physician
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Ms. Alisha Walker Physician
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Dillon Johnson, FNP-C Physician
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Dr. Charles Mcmahon Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.