RARE INFILL REDEVELOPMENT OPPORTUNITY
New to the market is a redevelopment opportunity located in the path of growth between Downtown Colorado Springs, and the South Nevada Corridor. The property has three tenants paying approximately $62,000 net annually. A buyer can purchase the property and receive income as the area transitions. The property sits just off 1-25 and South Tejon make the site perfect for a value add developer or real estate investor. The property is on the fringe of downtown Colorado Springs, which has also seen dramatic growth in the last 36 months.
Ranked #1 most popular place to live in U.S. ranked by U.S. News, Colorado Springs downtown is filled with restaurants, urban living, and accessibility to the foothills of the Rocky Mountains. The site is zoned for almost any use making it perfect for redevelopment.