Redevelopment Opportunity - Corner Lot

2,196 SF Specialty Building Offered at $645,000 in Colorado Springs, CO 80907

Asking Price $645,000

Property Type: Specialty
Square Feet: 2,196 SF
Price / Square Foot: $294

Listing Contacts

Renee Newland

Verified Profile

Property Info

Property Overview

This property is a great opportunity for an investor to start from the ground up for development, but keep the existing car wash and cash flow while working on the pre-development work with the city.
This corner lot with high traffic makes this location ideal for a quick service drive-thru including coffee or sandwiches.
Seller-financing available.

Property Details

Class: B
Year Built/Renovated: 1985/2021
Stories: 1
Property Subtype: Car Wash
Lot Size (sq. ft): 16,117 SF

Highlights

25,000+ VPD, visible from I-25 with 150,000+ VPD
Flexible zoning allows for a variety of uses
Excellent location for redevelopment - well-suited for a quick service drive-thru
Multiple new developments recently completed directly across the street

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