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    Multi-Building Retail and Restaurant Center
    Updated: Jun 30
    Multi-Building Retail and Restaurant Center

    2616 W Colorado Avenue, Colorado Springs, CO 80904

    $3,154,385
    16,413 sqft 0.69 AC lot
    5‑building commercial property totaling 16,413 SF, built in phases from 1951 to 1982
    Zoned Colorado Springs Commercial MX‑M
    30,000 SF site with 43 off‑street parking spaces
    Mostly open floor plans, with most units featuring a private bathroom
    Anchored by established tenants Jake & Telly’s Greek restaurant and Yellow Mountain Tea House
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    This listing looks promising.

    Here's a quick look at some key insights for

    2616 W Colorado Avenue, Colorado Springs, CO 80904

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $227K
      Annual

    • Mortgage

      $1M
      Oct 2016

    • Last Sold

      Oct 1994
      $650K

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1952
    View Property Analytics
    Well-Maintained Retail Strip Center
    Updated: Jul 8
    Well-Maintained Retail Strip Center

    17-21 North Circle Drive, Colorado Springs, CO 80909

    $850,000
    5,920 sqft 0.49 AC lot
    5,920 SF retail strip center described by the El Paso County Tax Assessor
    Three tenants with combined rent of $6,880 per month ($82,560 annual)
    Net operating income of $35,525 based on provided annual taxes, insurance, utilities, and maintenance/property management
    21,257 SF lot; zoned MX‑M‑CU (primarily zoned for retail)
    Year built: 1977
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    Retail Strip Center
    Retail Strip Center

    1817 - 1873 Peterson Rd, Colorado Springs, CO 80915

    $2,600,000
    13,200 sqft

    For-sale retail strip center offered with a stated 6.20% cap rate.

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    Fully Leased Retail Center
    Fully Leased Retail Center

    6910 Palmer Park Blvd, Colorado Springs, CO 80915

    $2,600,000
    13,200 sqft

    Retail center offering eight leased units ranging from 900 to 2,400 square feet.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Center in Colorado Springs
    Retail Center in Colorado Springs

    6660-6660 Delmonico Dr., Colorado Springs, CO

    $7,126,485
    23,662 sqft 2.15 AC lot

    Multi-tenant retail center with stable income and upside potential.

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    Grocery and Convenience Retail Property
    Grocery and Convenience Retail Property

    1157 N Circle Dr, Colorado Springs, CO 80909

    $5,300,000
    19,403 sqft

    Grocery and convenience retail property offered for sale with 19,403 sq. ft.

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    Retail Storefront Property
    Retail Storefront Property

    6819 Space Village Ave, Colorado Springs, CO 80915

    Contact for pricing
    14,400 sqft

    Retail property available for sale in Colorado Springs, providing a straightforward footprint for neighborhood-serving uses.

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    Neighborhood Retail Center
    Neighborhood Retail Center

    5002 N Academy Blvd, Colorado Springs, CO 80918

    Contact for pricing
    34,356 sqft

    Park Place Plaza is a multi-building neighborhood retail center featuring a kiosk and is 64.4% leased.

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    Grocery Anchored Center with Pads
    Grocery Anchored Center with Pads

    6905 Austin Bluffs Parkway, Colorado Springs, CO 80923

    Contact for pricing
    1.96 AC lot

    Safeway anchored shopping center with pad sites for sale.

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    Colorado Springs Retail Opportunity
    Colorado Springs Retail Opportunity

    2616 W Colorado Ave, Colorado Springs, CO 80904

    $3,254,385

    Retail property for sale in Colorado Springs, Colorado.

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    Value-Add Retail Shopping Center
    Value-Add Retail Shopping Center

    7525-7555 N Academy Blvd, Colorado Springs, CO 80920

    Contact for pricing
    19,865 sqft

    Shopping center offered with 71% occupancy and a tenant mix including Car Toys, Firehouse Subs, and Edible Arrangements.

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    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    511 Garden of the Gods Rd, Colorado Springs, CO 80907

    Contact for pricing

    For-sale strip retail property on Garden of the Gods Rd, suited for investors or operators seeking neighborhood-scale space.

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    Retail Shopping Center Storefront
    Retail Shopping Center Storefront

    2419 W Colorado Ave, Colorado Springs, CO 80904

    Contact for pricing

    For sale retail shopping center featuring storefront space at W Colorado Ave in Colorado Springs.

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    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    2710 S Academy Blvd, Colorado Springs, CO 80906

    Contact for pricing

    King Soopers grocery anchorage with a 12-year lease extension and multiple in-line retailers and financial tenants.

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    Local Retail Center
    Local Retail Center

    17 Iowa Ave, Colorado Springs, CO 80909

    Contact for pricing

    Centrally located retail property offering a variety of tenant types and suite sizes.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in El Paso County, CO, we suggest exploring several alternatives: similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Colorado Springs Commercial Land
    Prime Colorado Springs Commercial Land

    4435 Chaparral Road, Colorado Springs, CO 80917

    $3,750,000
    5.01 AC lot

    5+ acre commercial land with development potential in Colorado Springs.

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    Industrial Land Development Parcel
    Industrial Land Development Parcel

    10985 E Highway 24, Peyton, CO 80831

    $4,999,999
    35.00 AC lot

    35-acre parcel with two existing wells and water rights for flexible commercial or light industrial development.

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    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    Shoop Drive, Florence, 81226

    $1,200,000
    26.76 AC lot

    Commercial land offering 26.76 acres with highway frontage and water infrastructure extended to the lot entrance.

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    Highway-Frontage Development Land
    Highway-Frontage Development Land

    Shoop, Florence, CO 81226

    $1,200,000
    26.76 AC lot

    Development-ready acreage with state-installed stoplight access and water infrastructure extended to the lot entrance across HWY 67.

    View details

    Off-Market Properties in El Paso County, CO

    Consider similar Off-Market properties in El Paso County, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7555 Falcon Market Pl
    SHOPPING CENTER, STRIP CENTER

    7555 Falcon Market Pl, Peyton, CO 80831-8593

    Value Estimation by Request
    9,566 sqft 1.64 AC lot
    View details
    265 Hwy 105
    WHOLESALE OUTLET, DISCOUNT STORE

    265 Hwy 105, Monument, CO 80132-8808

    $3,360,000
    Estimated value
    14,408 sqft 2.69 AC lot
    View details
    345 Academy Blvd
    WHOLESALE OUTLET, DISCOUNT STORE

    345 Academy Blvd, Colorado Springs, CO 80910-2708

    $3,200,000
    Estimated value
    19,919 sqft 1.24 AC lot
    View details
    345 Academy Blvd
    WHOLESALE OUTLET, DISCOUNT STORE

    345 Academy Blvd, Colorado Springs, CO 80909-6605

    $3,295,000
    Estimated value
    42,684 sqft 3.82 AC lot
    View details
    303 Cir Dr
    WHOLESALE OUTLET, DISCOUNT STORE

    303 Cir Dr, Colorado Springs, CO 80910-3026

    $2,700,000
    Estimated value
    14,992 sqft 3.49 AC lot
    View details
    3590 Citadel N Dr
    WHOLESALE OUTLET, DISCOUNT STORE

    3590 Citadel N Dr, Colorado Springs, CO 80909-5307

    $3,930,000
    Estimated value
    42,024 sqft 4.19 AC lot
    View details
    2501 Colorado Ave, Unit 3B
    SHOPPING CENTER, STRIP CENTER

    2501 Colorado Ave, Colorado Springs, CO 80904-3070

    Unit 3B
    Value Estimation by Request
    1,406 sqft 0.03 AC lot
    View details
    5705 Constitution Ave, Unit 5743
    SHOPPING CENTER, STRIP CENTER

    5705 Constitution Ave, Colorado Springs, CO 80915-1220

    Unit 5743
    $2,250,000
    Estimated value
    22,862 sqft 1.28 AC lot
    View details
    7376 Mclaughlin Rd
    SHOPPING CENTER, STRIP CENTER

    7376 Mclaughlin Rd, Peyton, CO 80831-4719

    $6,075,000
    Estimated value
    26,235 sqft 2.93 AC lot
    View details

    El Paso County, CO Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in El Paso County, CO, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 91,798 square feet of properties for sale, with an estimated market value of $21,630,870.

    Sale prices for plazas in El Paso County, CO start at $850,000, averaging $3,605,145, and reaching up to $7,126,485 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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