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10 E Pikes Peak Ave 5,224 SF Retail Building Colorado Springs, CO 80903 $1,814,696 CAD ($347.38 CAD/SF)
INVESTMENT HIGHLIGHTS
- Conceptual plans have been submitted to PPRBD increasing interior square footage by 1,307 SF for a total building size of 6,531 SF
- Can easily be converted into a multi-tenant property.
- Seller has abated all asbestos.
- Historically a retail and office building but flexible FBZ zoning allows for restaurant and many other uses.
- Located in an Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses.
EXECUTIVE SUMMARY
10 E Pikes Peak Avenue is a retail / office building located in the heart of Downtown Colorado Springs. The property provides a strategic location with easy access to major highways, heavy foot traffic, within walking distance to many restaurants, hotels, courthouse, and offices plus great visibility along the busy Pikes Peak Ave. This is a great Owner User opportunity and presents a rare opportunity to own in the fast growing Downtown market.
Conceptual plans have been submitted to Regional Building Department increasing interior square footage by 1,307 SF for a total building size of 6,531 SF.
Seller has abated all asbestos.
Historically a retail and office building but flexible FBZ zoning allows for restaurant and many other uses.
Can easily be converted into a multi-tenant property.
Located in an Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses.
Conceptual plans have been submitted to Regional Building Department increasing interior square footage by 1,307 SF for a total building size of 6,531 SF.
Seller has abated all asbestos.
Historically a retail and office building but flexible FBZ zoning allows for restaurant and many other uses.
Can easily be converted into a multi-tenant property.
Located in an Opportunity Zone and Enterprise Zone, providing special tax incentives and credits for new and established businesses.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
5,224 SF
Building Class
C
Year Built
1900
Price
$1,814,696 CAD
Price Per SF
$347.38 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
FBZ-CEN - Form Based Zone - Central
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 64182-14-010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $351,459 CAD |
PROPERTY TAXES
Parcel Number
64182-14-010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$351,459 CAD
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10 E Pikes Peak Ave
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