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114 W Fountain St 3,000 SF Industrial Building Colorado Springs, CO 80903 $822,840 CAD ($274.28 CAD/SF)
EXECUTIVE SUMMARY
Properties like this are rare. This solid, concrete block building offers a functional home for any business needing drive-in doors, ample power and good clear height.
But the location cannot be beat. This property is located within easy distance of I-25, just outside of the Downtown Form-Based Zone. It’s in an Opportunity Zone, Enterprise Zone, and Hub Zone.
While there is tremendous appreciation potential in this area in the future, there is extraordinary opportunity for business here NOW.
• 16-foot clear height
• 2 drive-in doors
• small fenced yard
• 3-phase 400 amp
• Mezzanine
THIS PROPERTY CAN BE COMBINED WITH 110 W FOUNTAIN, WHICH IS LISTED SEPARATELY AT $600,000. That property is a 938-SF building needing work on a 14,000-SF mostly-fenced lot. Combining the two properties would allow for an excellent downtown building with a substantial lot.
The building at 114 W Fountain has a 0 setback and shares a wall with the property to the north. Seller is taking steps to separate them as Seller had created a doorway between the two.
But the location cannot be beat. This property is located within easy distance of I-25, just outside of the Downtown Form-Based Zone. It’s in an Opportunity Zone, Enterprise Zone, and Hub Zone.
While there is tremendous appreciation potential in this area in the future, there is extraordinary opportunity for business here NOW.
• 16-foot clear height
• 2 drive-in doors
• small fenced yard
• 3-phase 400 amp
• Mezzanine
THIS PROPERTY CAN BE COMBINED WITH 110 W FOUNTAIN, WHICH IS LISTED SEPARATELY AT $600,000. That property is a 938-SF building needing work on a 14,000-SF mostly-fenced lot. Combining the two properties would allow for an excellent downtown building with a substantial lot.
The building at 114 W Fountain has a 0 setback and shares a wall with the property to the north. Seller is taking steps to separate them as Seller had created a doorway between the two.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $822,840 CAD | No. Stories | 1 |
| Price Per SF | $274.28 CAD | Year Built | 1980 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.67/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.11 AC | Cross Streets | Sahwatch St |
| Rentable Building Area | 3,000 SF | Opportunity Zone |
Yes
|
| Zoning | C5 UV - UV is for a machine shop. Current zoning is MX-M. This property is in the Mill Street Neighborhood, a carve-out from the surrounding downtown FBZ | ||
| Price | $822,840 CAD |
| Price Per SF | $274.28 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 1.67/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Sahwatch St |
| Opportunity Zone |
Yes |
| Zoning | C5 UV - UV is for a machine shop. Current zoning is MX-M. This property is in the Mill Street Neighborhood, a carve-out from the surrounding downtown FBZ |
AMENITIES
- Bus Line
1 1
PROPERTY TAXES
| Parcel Number | 64192-07-019 | Total Assessment | $185,262 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
64192-07-019
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$185,262 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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114 W Fountain St
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