3101 El Paso St Colorado Springs, CO 80907
This exceptional investment opportunity presents a 1,666 square foot flex building situated on a 0.47-acre lot in Colorado Springs, Colorado. The property, located at 3101 N El Paso Street, boasts a desirable C5 zoning classification, offering versatility for a range of commercial uses. Constructed in 1933, the two-story building comprises three separate units, including one designated office space, providing immediate income potential or the flexibility to adapt to your specific business needs. The property features a significant advantage with approximately 12,000 square feet of fenced outdoor storage, ideal for equipment, inventory, or materials. Additional storage is available in the basement, further enhancing the property's functionality. The total lot size is 20,460 square feet, offering ample space and potential for future expansion or development. The asking price for this unique property is $750,000. The property's tax schedule number is 63322-17-033. This is a rare chance to acquire a well-located, versatile commercial property with significant storage capacity in a thriving Colorado Springs market. The property's mixed-use zoning allows for a variety of potential uses, making it an attractive investment for both seasoned and new investors. Don't miss this opportunity to own a piece of Colorado Springs' rich commercial history.
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Sure Shot Recovery Auto Repair Shop
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Confident Coatings & Exteriors INC Painting Stucco Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.