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For Sale

1700643

Private Address

$4,300,500
Exceptional investment opportunity to acquire a high-visibility commercial property on Academy Blvd in Colorado Springs. Situated on 1.67 acres, this versatile asset offers immediate usability with significant long-term upside for investors, owner-users, and developers alike. The property features an established building currently operating as a popular local bar and entertainment venue, offering a turnkey setup for a similar use or the flexibility to reimagine the space to suit a variety of commercial concepts. With strong exposure along one of the city's busiest corridors, this location benefits from consistent traffic and excellent accessibility. Zoned MX-M: Mixed Use Medium Scale commercial use, the site presents a unique redevelopment opportunity for those looking to capitalize on the size, location, and visibility of the parcel. Whether you're considering repositioning the existing structure, expanding improvements, or pursuing a new development concept, the possibilities here are substantial! Offered for sale, lease, or potential seller carry, providing flexible options for variety of investment strategies. While the real estate is the primary offering, additional operational components may be included with an acceptable purchase, presenting added value to the right buyer. Rarely does a parcel of this size and exposure become available along N Academy--don't miss the chance to secure a prime piece of Colorado Springs commercial real estate with both immediate functionality and future potential.

11,874 Sq.Ft. LIVING AREA

1.67 Acres lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area11,874 Sq.Ft.
  • Total Area11,874 Sq.Ft.
  • Lot Area1.67 Acres
  • MLS® ID1700643
  • TypeCommercial
  • YEAR BUILT1977
  • NeighborhoodColorado Springs

Exterior

  • sewerPublic Sewer

Financial

  • Sales Price$4,300,500
  • Real Estate Tax $13,609/yr
  • Zoning MX-M UV
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