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Property profile & analytics
OFF-MARKET
Banks

1793 8th St Colorado Springs, CO 80905-1926

1,297 SF 0.3 ac lot Built 1975
Entity Owned 11-yr Hold Free & Clear
Property ID
US13-0439460
Property summary
AI-generated overview

This freestanding retail building, totaling 1,297 square feet, presents a fantastic opportunity in Colorado Springs, CO. Located at 1793 S 8th St, this single-tenant property sits on a spacious 13,000 square foot lot and boasts excellent visibility and accessibility from 8th Street and Cheyenne Boulevard. The C5 (MX-M) zoning allows for a variety of uses. Previously used for finance and banking, the building is ready for immediate occupancy and features a convenient covered drive-thru, making it ideal for a coffee shop, fast-food restaurant, ice cream parlor, or takeout cafe. Its strategic location benefits from high-density housing in the immediate area and proximity to the Lower Skyway and Cheyenne Canyon residential neighborhoods, ensuring a strong customer base. The property's size and features make it an attractive investment for businesses seeking a high-traffic location with established infrastructure. This is a rare opportunity to acquire a well-situated, move-in ready commercial property in a thriving Colorado Springs neighborhood.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Construction WOOD FRAME
Total area 1,297 SF
Lot 0.3 ac (13,000 SF)
Zoning code C5
APN 7425109025
UPID US13-0439460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • M & M Funding Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
1793 S Eighth Street LLC · 11 yrs held
1793 S Eighth Street LLC
since 2015
3 recorded transactions
2015
Price N/A
2010
$180,000
2007
Price N/A
Zoning & alternative use
C5 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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