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Property profile & analytics
FOR SALE
Storefront properties

2411 W Colorado Ave Colorado Springs, CO 80904

3,299 SF Built 1906
Property ID
US13-Q008587
Property summary
AI-generated overview

2411 W Colorado Avenue offers an excellent 3,299 SF street level storefront retail condo for sale located in the heart of Old Colorado City with direct visibility and access to Colorado Avenue. The space is nicely finished and has street level access. The units available are on the main floor and do not include the upper level residential condos. This a great opportunity for an owner user to secure a space in historic Old Colorado City. • Heavy daytime retail foot traffic • Street parking only • Condo association fees are $1,611 per month. Includes utilities, building insurance, roof reserve and other shared responsibilities. Condo owner owns/services the HVAC system. • For an owner-occupant that qualifies for a 10% down SBA loan, the potential occupancy cost is $18.28 psf NNN.

Property profile
Verified
Property type Storefront properties
Year built 1906
Total area 3,299 SF
UPID US13-Q008587
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
  • Republic of Paws (Bike/Boat/Book/etc) Store Pet Store & Service
  • Republic of Paws Grooming - Old Colorado City Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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