5030 Boardwalk Dr Colorado Springs, CO 80919-3155

Property Details for 5030 Boardwalk Dr

Year built

1982

Construction

CONCRETE

Lot size

0.35 lot acres

Property size

6,383 SF

Zone code

PBC CU

Property type

Office buildings

APN

7323208033

APU

7323208033

Description

This exceptional 6,400 square foot executive office building in Colorado Springs, CO, presents a compelling investment opportunity. Located at 5030 Boardwalk Drive, in the desirable Northwest Corridor, this property offers a prime location near I-25, affluent neighborhoods, and the scenic Garden of the Gods. The building is fully leased, generating an estimated annual income of approximately $90,960 (based on 2024 projections). Four well-appointed suites cater to a stable mix of professional tenants, demonstrating consistent occupancy even during recent economic challenges. Undergoing a complete renovation between 2017 and 2018, the property boasts a new roof, HVAC system, updated interior finishes, new landscaping, and upgraded electrical systems. This meticulously maintained building offers a modern and functional interior layout, perfectly suited for a variety of office users. The asking price is $1,395,000, translating to $217.97 per square foot. Its convenient location, coupled with its strong rental history and recent renovations, makes this a highly attractive investment opportunity with significant potential for future growth. The property's proximity to amenities such as shops, restaurants, and breweries further enhances its appeal. This is a turnkey investment ready for immediate income generation. The zip code is 80919.

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Longitude

-104.865

Latitude

38.9042

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments