715 Cascade Ave, Colorado Springs, CO 80903-3289
This exceptional medical office building, located at 715 N Cascade Ave in Colorado Springs, Colorado, presents a unique investment opportunity. The property boasts 3,909 square feet of well-designed space, perfect for a variety of medical practices. Built in 1959, this single-story, Class C building sits on a 0.22-acre lot and is zoned SU. The thoughtfully planned layout includes multiple examination rooms, private offices, and a spacious reception area, ensuring efficient workflow and patient comfort. The building's prime location along N Cascade Avenue offers excellent street frontage and high visibility, attracting significant foot traffic. Ample parking is available both in front of the building along Cascade Avenue (unmetered) and in a designated rear parking area. The asking price is $695,000, translating to $177.79 per square foot. This property represents a strong investment in a thriving Colorado Springs market. The address is easily accessible and benefits from its proximity to downtown Colorado Springs. The building's single-story design and existing infrastructure offer immediate occupancy potential, minimizing upfront renovation costs. This is an excellent opportunity to acquire a well-positioned medical office building in a desirable location. The 80903 zip code ensures convenient access to local amenities and a strong patient base.
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Christoff Anthony DO Pediatrician Physician
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Colleen Rose Physician
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Susan Mcmaster Pediatrician Physician
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
SU · 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.