2920 N Academy Boulevard-Sale

$790,000 (Sale)

2920 N Academy Blvd suite 200, Colorado Springs, CO 80917

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Property Details

Property Type: Office
Building Size: 5,648 SF
Zoning: MX-N

Overview

Now for Sale: 2920 North Academy Boulevard. 5,648 square feet for only $790,000 ($140 per square foot).

The El Paso County Tax Assessor describes 2920 North Academy Boulevard as a centrally located, newly remodeled, 2 story, 5,648 square feet office building (2,824 sf on each floor) located on a 18,200 square feet MX-N zoned lot. The building was originally constructed in 1978 and has since been substantially renovated over time between 2018 – 2020.

The building has all new exterior stucco. The roof, the RTUs, and all the major building components are either new or near new. There are no known capital improvements expected.

The building is a 4-unit commercial office rental building. All 4 rental units have been modernized with floors, paint, and modernized floor plan reconfiguration .

THE OPPORTUNITY: While retaining the ground floor income, the entire 2nd floor is available for a purchaser and if you need the entire building, over time, as the leases expire, a buyer would have the ability to expand.

The property tax is $10,096. The property insurance is: $2,684. The HOA (covers landscaping, snow removal, and the parking lot maintenance) is approximately $650 per quarter.

For a private showing and all the confidential financial details, call Steve Leigh: 719-338-4470 or Tim Leigh: 719-337-9551