Property profile

2925 West Colorado Ave Colorado Springs, CO 80904

FOR SALE
Turn key restaurants
Property ID
US13-0893421
4,494 SF 0.83 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

In Old Colorado City, this 4,494-square-foot former brewery and restaurant is located on a 0.826-acre lot with frontage on West Colorado Avenue. The facility includes second-generation brewing equipment and a fully plumbed brewhouse, along with temperature-controlled cold storage rooms and a walk-in cooler. It is supported by full commercial kitchen infrastructure, including a grease-hooded kitchen, and features polished concrete floors and a bar area. The interior layout is open and can be repurposed for various uses under MX-M HS zoning. The property has a dedicated signalized access point at South 30th Street for ingress and egress and provides ample on-site parking, with proximity to Highway 24 and I-25 for regional access; it is also adjacent to Ent Federal Credit Union.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,494 SF
Lot 0.83 ac (36,000 SF)
Zoning code C5 HS
APN 7410104027
UPID US13-0893421

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Auto Repair Shop (Bike/Boat/Book/etc) Store

Location

2925 West Colorado Ave Colorado Springs, CO 80904
Colorado Springs metro Census 1301 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2022
Last sale
$1.7M
7 recorded transactions
2023
Price N/A
2022
$1.7M
2011
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C5 HS · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message