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Property profile & analytics

2616 W Colorado Ave Colorado Springs, CO 80904

  • Strip malls
  • 1,792 SF
  • 0.69 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US13-1073820
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Yellow Mountain Tea House / Restaurant
  • Merlin's Realm / (Bike/Boat/Book/etc) Store
  • Yeden CBD / Department Store
  • Whimsy Well / Gym & Fitness Center / Alternative Medicine Practice
  • Watergirls Wellness / Physician

Property Details for 2616 W Colorado Ave

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.69 lot acres
Property size
1,792 SF
Zone code
C6
Property type
Strip malls
Property subtype
Neighborhood centers
APN
7411226068
APU
7411226068

Description

This exceptional Old Colorado City property offers a unique investment opportunity. Located in a high-traffic area on the west side of Colorado Springs, this three-building complex boasts a southwestern-style horseshoe configuration. The main building and smaller adjacent structures provide a total of 16,413 square feet of space, divided into 20 suites. Three retail spaces are currently available, ranging from 466 to 736 square feet, ideal for a variety of businesses. The property features excellent visibility and signage opportunities, ensuring maximum exposure. Built in 1952, the two-story complex is classified as Class C and sits on a 30,000 square foot lot. The zoning is MX-L, and the property includes 38 parking spaces. The minimum divisible space is 300 square feet, with a maximum contiguous space of 1,500 square feet. This location offers affordable lease rates and a desirable tenant mix within a thriving, historic neighborhood. The property's address is conveniently located near 26th Street in the Old Colorado City submarket of El Paso County, with the APN 74112-26-068. This is a rare chance to acquire a well-established commercial property in a highly sought-after area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.865
Latitude
38.8488
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$147,730
$392,020
$539,750
-
$529,500
$1,405,092
$1,934,592
More about this property
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