1501 W Colorado Ave, Colorado Springs, CO 80904

Property Description

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.