Now for sale, the most attractive office condo in The Trestle Building located at 219 West Colorado Avenue, condo units 210 & 212. The unit is 2,481 SF and for sale for $395,000 ($159.20 PSF). The floor plan is configured about ½ office and ½ open area suitable for a yoga studio, open-office co-work concept, photo studio or creative space.
The Trestle Building was formerly the historic Puffer Mercantile located along the rail-line for shipping purposes. Now the location is prime for its proximity to downtown, the Olympic Museum, the Soccer Stadium and 1.5 Billion in planned, new commercial development. The building was converted from mercantile to office by visionary architect, Michael Collins and was only the 2nd such conversion in the city. The building’s interior finish features the original rough shewn wood and carries an eclectic Rocky Mountain, urban and industrial vibe. It’s very hip.
The building has traded only a couple times, most recently, from the Colorado Springs Sports Corporation to Perry Sanders who converted the property to office condominiums. The building is now a very well maintained condominium with a budget conscious HOA with about $130,000 in reserves. The building’s annual operating budget is $4.95 psf ($1,022.90 per month) which includes building insurance, gas, water, sewer & electric, building janitorial, grounds maintenance, snow removal, trash removal, HVAC servicing, pest control, security patrol, property management and accounting fees. The monthly property tax cost is $508.70. Combined monthly operating costs are $1,022.90 + $508.70 = $1,531.
For a private showing and all the confidential financial information,
call Tim Leigh 719-337-9551 or Holly Trinidad 719-337-0999