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Executive Summary

• Three-unit mixed-use property featuring two residential units and one commercial/office unit.
• Flexible investment opportunity with the ability to generate income from both residential and commercial tenants.
• Office suite available for immediate occupancy, providing an attractive option for an owner-user seeking to offset occupancy costs with residential rental income.
• Two residential units provide built-in income potential and diversification across multiple tenants/use types.
• Ideal for professional office users, small businesses, investors, or buyers seeking a live/work opportunity.
• Highly visible S. Nevada Avenue location with convenient access to Downtown Colorado Springs and surrounding amenities.
• Multiple potential ownership strategies — occupy the office while leasing the residential units, lease all three units for investment income, or reposition the property over time.
• Rare small mixed-use acquisition opportunity along the S. Nevada corridor.
• Residential component provides an additional income stream not typically available with a traditional small office acquisition.
• Well-suited for investors and owner-users looking for flexibility, income diversification, and long-term upside.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,900 SF
Building Class
B
Year Built
1899
Price
$968,886 CAD
Price Per SF
$509.94 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
633 SF
Building FAR
0.48
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
FBZ-T1 - FBZ
Parking
4 Spaces (2.11 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
64192-10-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$135,736 CAD
  • Listing ID: 41629757

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 802 S Nevada Ave, Colorado Springs, CO 80903

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