123 N Union Boulevard, Colorado Springs, CO 80909

FOR LEASE OR SALE: 123 North Union is a 6,468 square feet free-standing industrial building with a fenced yard. It's zoned MX-L.

The building is in the process of being totally remodeled to a new shell condition. The entire ground floor is approximately 5,000 square feet plus there is an approximate 1,500 square feet mezzanine. As part of the remodeling, it's been divided into 2 equally sized spaces known as Suite 100 & Suite 110. The mezzanine is intended for Suite 110. The available lease space (Suite 100 - the south suite) is $3,500 per month. Approximately ½ of the fenced yard behind the building comes as part of the lease space. The building's roof was newly installed in 2023. There was a 10 year transferrable warranty at installation. Environmental Solutions provided a Phase 1 inspection in 2015, saying, "The assessment has revealed no evidence of a recognized environmental condition in connection with the property."

The asking sale price is $1,120,000. The asking lease rates is $2,500 - $3,500 a month + utilities