Now for sale – The former Collinson Chiropractic Building located at 2590 Palmer Park Boulevard. This building is a bird’s nest on the ground in that there are no small office buildings for sale in Colorado Springs.
The building is described as a 7,120 SF medical office building located on 27,664 SF of OR zoned land originally constructed in 1979. The building is wood frame construction with a full walk-out basement.
There are 6 tenants (5 who are month-to-month) who pay $3,600 per month in rent. If a buyer retained all the tenants there remains approximately 1,780 square feet available for the buyer to occupy or for additional income.
The asking price is only $750,000 which is only $105.34 psf and well below replacement cost.
For a private showing and all the confidential financial details call Tim Leigh 719-337-9551 or Holly Trinidad 719-337-0999.