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Hillside Plaza 307 S Hancock Ave 6,206 SF 100% Leased Retail Building Colorado Springs, CO 80903 $1,880,968 CAD ($303.09 CAD/SF)



Executive Summary
Located near Downtown Colorado Springs and Memorial Park, 307-321 S Hancock Avenue presents an excellent opportunity to acquire a ±6,206 SF retail and commercial property on ±0.4063 acres. Zoned MX-M (Mixed-Use Medium Scale), the property supports a wide range of retail, restaurant, office, medical, and service commercial uses.
The building includes a grease trap, making it well suited for restaurant or food service operators, while a newer roof and HVAC systems help reduce future capital expenses. Its functional layout provides flexibility for owner-users, investors, or businesses seeking a centrally located commercial property.
With convenient access to Downtown Colorado Springs, major transportation routes, and nearby neighborhoods, the property offers excellent potential for a variety of commercial operations.
Property Highlights
Sale Price: $1,150,000
Building Size: ±6,206 SF
Lot Size: ±0.4063 Acres
Zoning: MX-M (Mixed-Use Medium Scale)
Grease trap installed
Newer roof and HVAC systems
Flexible retail and commercial layout
Near Downtown Colorado Springs and Memorial Park
Ideal Uses
Restaurant or café
Retail store
Medical or dental office
Professional office
Fitness or wellness studio
Salon or spa
Showroom
Specialty market
Owner-user
Investment property
Frequently Asked Questions
What is the asking price?
$1,150,000.
What is the building size?
Approximately 6,206 SF.
What is the lot size?
Approximately 0.4063 acres.
What zoning does the property have?
MX-M (Mixed-Use Medium Scale), allowing a broad range of commercial uses, subject to City of Colorado Springs regulations.
Does the property have restaurant infrastructure?
Yes. A grease trap is already installed.
Have major building systems been updated?
Yes. The property features a newer roof and HVAC systems.
Can be owner user: Yes
The building includes a grease trap, making it well suited for restaurant or food service operators, while a newer roof and HVAC systems help reduce future capital expenses. Its functional layout provides flexibility for owner-users, investors, or businesses seeking a centrally located commercial property.
With convenient access to Downtown Colorado Springs, major transportation routes, and nearby neighborhoods, the property offers excellent potential for a variety of commercial operations.
Property Highlights
Sale Price: $1,150,000
Building Size: ±6,206 SF
Lot Size: ±0.4063 Acres
Zoning: MX-M (Mixed-Use Medium Scale)
Grease trap installed
Newer roof and HVAC systems
Flexible retail and commercial layout
Near Downtown Colorado Springs and Memorial Park
Ideal Uses
Restaurant or café
Retail store
Medical or dental office
Professional office
Fitness or wellness studio
Salon or spa
Showroom
Specialty market
Owner-user
Investment property
Frequently Asked Questions
What is the asking price?
$1,150,000.
What is the building size?
Approximately 6,206 SF.
What is the lot size?
Approximately 0.4063 acres.
What zoning does the property have?
MX-M (Mixed-Use Medium Scale), allowing a broad range of commercial uses, subject to City of Colorado Springs regulations.
Does the property have restaurant infrastructure?
Yes. A grease trap is already installed.
Have major building systems been updated?
Yes. The property features a newer roof and HVAC systems.
Can be owner user: Yes
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,206 SF
Building Class
C
Year Built
1930
Price
$1,880,968 CAD
Price Per SF
$303.09 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.41 AC
Zoning
MX-M - Previously PBC
Parking
20 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
166’ on S Hancock Ave
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64174-02-008 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $239,357 CAD |
Property Taxes
Parcel Number
64174-02-008
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$239,357 CAD
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Hillside Plaza | 307 S Hancock Ave
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