20845 East Highway 24, Woodland Park, CO is for sale. This is the 5,120 square feet red-metal building on nearly 7 acres of vacant land (with 1,200 lineal feet of highway frontage), on the north side of Highway 24 west from Colorado Springs, (1 / 2 way to Woodland Park). The building was constructed in 1992. It’s zoned PUD. Its current use is a floor covering sales shop.
If you’re looking for land to develop or a high visibility building (industrial, retail, office, or residential – yes, this could be a cool house with a private 7-acre lot!) along Highway 24, this is your deal!
WE’VE LOWERED THE PRICE SUBSTANTIALLY FOR A QUICK SALE: $875,000. The Seller may provide Seller financing with 10% down: $875,000 – $87,500 = $787,500 amor zed over 20 years at 4.5% = $4,982 per/mo. That’s $11.68 psf rent equivalent.
The Teller County Tax Parcel ID # is: 7531-314-000-150 and the Account # is: R00-009-24. The assessor’ s value is: $738,111. Annual taxes are $12,968. Currently, the (2) tenants pay $4,000 and $500 per month respectively.