1501 W Colorado Avenue, Colorado Springs, CO

$1,525,000

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0.17

Acres

About 1501 W Colorado Avenue

Exceptional Investment or Owner-User Opportunity Position your business for success in this beautifully remodeled commercial property located on a highly visible corner lot at a signalized intersection. Renovated in 2024, the building features a new air conditioning system, fully zoned HVAC, and upgraded electrical, offering modern efficiency and reliability throughout. The versatile main level is ideally suited for retail, professional office, or service-oriented businesses and can accommodate an owner-user or be divided for two separate tenants. Upstairs are two completely remodeled luxury apartments, one with a spacious deck showcasing mountain views, creating an outstanding live/work opportunity or generating additional rental income. Additional highlights include 12 off-street parking spaces, excellent accessibility, and outstanding exposure with traffic counts of approximately 12,500 to 14,000 vehicles per day (based on the most recent available traffic study). This is a rare opportunity to own a fully updated mixed-use property in a premier, high-visibility location with multiple income possibilities.

Features of 1501 W Colorado Avenue

MLS® # 7040540
Price $1,525,000
Acres 0.17
Year Built 1901
Type Commercial
Sub-Type Mix Use
Status Active

Community Information

Address 1501 W Colorado Avenue
Area West Colorado Springs
Subdivision West Colorado Springs
City Colorado Springs
County El Paso
State CO
Zip Code 80904

Amenities

Parking Spaces 12
# of Garages 12
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Short Sale No
RE / Bank Owned No
Financing Available Cash, Conventional

Listing Details

OfficeTrent Properties Group
Contact Info(719) 630-1600

Listing Map

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