1.4

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1.4

Colorado Springs, CO 80903
Asking Price
$1.75M
Asset Type
Retail
Class
Class B

What's Special

Located at 123 Main Street in Colorado Springs, this retail property is situated within a high-traffic commercial corridor. The surrounding neighborhood features a mix of established residential pockets and busy professional offices. Nearby amenities include national grocery chains, local dining options, and public parks. The site offers direct access to major arterial roads and is positioned near several mountain metropolitan transit stops, providing consistent visibility and ease of entry for both local residents and commuters traveling through the central business district. The property is suited for diverse retail applications, including boutique storefronts, quick-service food concepts, or service-oriented businesses. The floor plan supports flexible interior configurations that cater to tenants requiring high pedestrian visibility and efficient loading access. Typical tenant profiles for this location include local entrepreneurs, regional franchise operators, and professional service providers seeking a central presence within the Colorado Springs market. The site’s accessibility and demographic reach make it a functional choice for businesses prioritizing neighborhood engagement.

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

Location & Travel Times