49
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$4,300,500
Est. payment /mo
11,874 SqFt
New
Address not disclosed
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,874 sqft
Price per Sqft $362
MLS Listing ID 1700643
HOA Y/N No
Year Built 1977
Annual Tax Amount $13,609
Tax Year 2024
Lot Size 1.670 Acres
Acres 1.67
Property Sub-Type Retail
Source recolorado
Property Description
Exceptional investment opportunity to acquire a high-visibility commercial property on Academy Blvd in Colorado Springs. Situated on 1.67 acres, this versatile asset offers immediate usability with significant long-term upside for investors, owner-users, and developers alike. The property features an established building currently operating as a popular local bar and entertainment venue, offering a turnkey setup for a similar use or the flexibility to reimagine the space to suit a variety of commercial concepts. With strong exposure along one of the city's busiest corridors, this location benefits from consistent traffic and excellent accessibility. Zoned MX-M: Mixed Use Medium Scale commercial use, the site presents a unique redevelopment opportunity for those looking to capitalize on the size, location, and visibility of the parcel. Whether you're considering repositioning the existing structure, expanding improvements, or pursuing a new development concept, the possibilities here are substantial! Offered for sale, lease, or potential seller carry, providing flexible options for variety of investment strategies. While the real estate is the primary offering, additional operational components may be included with an acceptable purchase, presenting added value to the right buyer. Rarely does a parcel of this size and exposure become available along N Academy—don't miss the chance to secure a prime piece of Colorado Springs commercial real estate with both immediate functionality and future potential.
Location
County El Paso
Zoning MX-M UV
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pink Realty
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