2660 E Willamette Ave Colorado Springs, CO 80909
For Sale
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This exceptional 900 sq ft retail property, situated on a spacious 11,560 sq ft lot in Colorado Springs, CO (2660 E Willamette Ave, 80909), presents a lucrative investment opportunity. Built in 1999, the property boasts a single building with an office and shop space, including an overhead door and garage area, perfectly suited for a variety of commercial uses. The C6 zoning allows for diverse business ventures, making it highly adaptable to changing market demands. Its prime location at the northeast corner of Willamette and Yuma Avenues, just west of Platte Avenue, ensures high visibility and accessibility. A large pylon sign enhances visibility from Platte Avenue, attracting significant attention. The property's current configuration is ideal for uses such as a car lot, contractor lot, RV sales, tire shop, repair shop, or vehicle storage. The asking price is $595,000, offering an attractive 8.40% cap rate. The gross lease structure provides a straightforward and reliable income stream. Ample space exists for potential expansion with the addition of another building. This property represents a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving Colorado Springs market.
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The Prince Cars Car Dealership
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
C6 · 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.