For Sale Property MLS# 2540199

1532 W Colorado Avenue

Colorado Springs, CO 80904

$590,000

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About 1532 W Colorado Avenue

Position your business along West Colorado Ave with this mixed-use property at the corner of Colorado Ave and 16th St in Old Colorado City. The location offers excellent exposure to traffic along this main corridor, includes a large, illuminated monument sign and existing drive-thru lanes. Excellent exposure along West Colorado Avenue, with approximately 11,420 vehicles per day on the nearby segment southeast of 17th Street (2025 AADT; CDOT/PPACG).

The main level features approximately 2,050 sq ft of commercial retail space—a blank canvas ready to be tailored to your business vision. The vacant commercial area offers flexibility for a variety of potential uses- zoned MX-M.

Head upstairs to the remodeled 1,453-sq-ft apartment featuring two bedrooms, a separate office, two bathrooms, HUGE closets, and washer/dryer hookups. The combination of commercial space and a spacious residential apartment offers options for an investor or a business owner seeking additional rental income.

With a prominent corner location, flexible commercial space, and an updated apartment, this property offers a compelling opportunity in Old Colorado City. Come check it out!

Property details

Property

Type
Mix Use
MLS type
Other
Status
Active
Year built
1968
Living area
0 sqft
Lot
0.1033
Original price
$590,000
MLS #
2540199

Exterior & lot

Lot
7412331012

Schools

District
Colorado Springs School District 11

Financial

Financial
Pikes Peak REALTOR® Services
Annual tax
$3,333
Tax year
2025
Parcel
7412331012

Location

County
El Paso
Neighborhood
Westside

Ask about this property

Questions on 1532 W Colorado Avenue, Colorado Springs, CO 80904, or want to see it in person?

Listed by Monica Breckenridge ABR CDPE CLHMS GRI MRP PSA RSPS SFR SRES , Pink Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.