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Motor City 2nd Gen Auto Dealership For Sale
Great I-25 Exposure!!
Listing Contacts
Keith VanhurkLicense: FA 100095857
Active
Asking Price: $1,195,000
Earnest Money Deposit: $12,500 min.
Address
307 E Arvada St, Colorado Springs, CO 80905
Show on MapDate Added
May 28, 2024
Days on Market
349 days
Time Since Last Update
10 days
Details
Property TypeMixed Use, Office
SubtypeCreative Office
Investment TypeOwner/User
ClassC
TenancySingle
Square Footage1,488
Price/Sq Ft$803.09
Occupancy100%
Units1
Year Renovated2014
Buildings1
Stories1
ZoningC5 CU
Lot Size (acres)0.76
Parking (spaces)70
Broker Co-OpYes
Sale ConditionFor sale by owner
INTELLIGENCEMarketing Description
Attention Investors! Current 2 year tenant in place at $9,000 per month with rent going to $9,900 in year 2. In addition, owner is paid $2,000 per month from highway traffic camera on the property. Excellent investment opportunity!! Two adjacent lots combined into one prime location for sale in Colorado Springs, CO - 307 E. Arvada St. and 315 E. Arvada St. Offered together for $1,195,000. Features include: 2nd Gen. auto dealer, 1,488 sq ft office building with showroom and 3 dedicated offices, LED lighting throughout the lot, and near I-25 with lots of drive-by exposure. Plus, a dedicated bullpen/trade staging area and over 3/4 acre lot! Don't miss out on this opportunity to rev up your business. Space could be used as Auto/Powersports dealer, Storage lot, Construction/Concrete Company or just about any business that would thrive along the highway.
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Property History
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Due Diligence
Listing Contacts
- Keith VanhurkLicense: FA 100095857
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