$650,000

2511 W Colorado Avenue

Colorado Springs CO, 80904

Description

Opportunity to purchase an income producing property & a piece of Colorado history located in the heart of Old Colorado City! The property consists of a large retail space on the main level & two 1 bd/1 ba units on upper level. All tenants in place and leases through 2020. New rubber polymer roof put on in 2014. The retail unit has A/C. Eastside upper unit has an outdoor patio and Westside unit has mountain views. Units are accessible from streetside entrance or the back entrance with designated parking. Property was built originally as a saloon in the late 1800's and during prohibition became a barber shop. Property has a basement area that has an entrance to a tunnel utilized during prohibition time that was part of a larger tunnel system underground in the area. Also, visible at the top of the staircase entrance to the apartment units is a "prohibition window" that occupants could see visitors but visitors could not see them. Property could be use for vacation rentals in the future!

Details

MLS#9244062
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site11

Features

SQ Feet2,936
Story(s)1
Units3
ZoningC6

Loading Form

Loading Form

Area Information

StateCO
CountyEl Paso
CityColorado Springs
Zip Code80904
AreaEl Paso
Listing VS Median (in 80904)
Price:
$650,000
low | high
Med:
$439,900
82.323076923077% of Average
SqFt:
2,936
low | high
Med:
2,304
71.525885558583% of Average
$ / SqFt:
$221
low | high
Med:
$191
63.758920940171% of Average
On Site:
11
low | high
Med:
316
3.481012658228% of Average
Listing Updated: 10/18/2019
MLS Number: 9244062
Listing Provided By:
Jeffrey Piggot  of  RE MAX Real Estate Group Inc
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Coldwell Banker Distinctive Properties - The Steamboat Luxury Teamname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently
Full RE Colorado Disclaimer