307 Arvada St Colorado Springs, CO 80905-7440

This exceptional mixed-use property, located at 307 E Arvada St, Colorado Springs, CO 80905, presents a compelling investment opportunity. The 1,488 square foot, single-story building, renovated in 2014, boasts a creative office layout featuring a showroom and three dedicated offices. The property includes 70 parking spaces and sits on a sizable 0.76-acre lot, offering significant potential for various uses. Currently occupied by a tenant under a two-year lease at $9,000 per month, escalating to $9,900 in the second year, this property also generates an additional $2,000 monthly income from a highway traffic camera. The building features energy-efficient LED lighting throughout. Zoned C5 CU, this versatile space is ideal for a variety of businesses, including auto dealerships, storage facilities, or construction companies. The property's high visibility and convenient I-25 access make it an exceptional investment. The asking price is $1,195,000, representing a price per square foot of $803.09. This is a single-unit, Class C building with 100% occupancy. The property consists of two adjacent lots combined into one.