2511 W Colorado Ave, Colorado Springs, 80904

Income - Income For Sale in Old Colorado City

$650,000

2Beds
Baths
2,936Sqft
.08Acres
1900Built
RE/MAX Real Estate Group Inc
MLS® #: 9244062
Active

Opportunity to purchase an income producing property & a piece of Colorado history located in the heart of Old Colorado City! The property consists of a large retail space on the main level & two 1 bd/1 ba units on upper level. All tenants in place and leases through 2020. New rubber polymer roof put on in 2014. The retail unit has A/C. Eastside upper unit has an outdoor patio and Westside unit has mountain views. Units are accessible from streetside entrance or the back entrance with designated parking. Property was built originally as a saloon in the late 1800's and during prohibition became a barber shop. Property has a basement area that has an entrance to a tunnel utilized during prohibition time that was part of a larger tunnel system underground in the area. Also, visible at the top of the staircase entrance to the apartment units is a "prohibition window" that occupants could see visitors but visitors could not see them. Property could be use for vacation rentals in the future!

Essential Information

MLS® #: 9244062
Price: $650,000
Bedrooms: 2
Bathrooms: 0.00
Square Footage: 2,936
Acres: 0.08
Year Built: 1900
Type: Income
Sub-Type: Income
Status: Active

Community Information

Address: 2511 W Colorado Ave
Subdivision: Old Colorado City
City: Colorado Springs
County: El Paso
State: CO
Zip Code: 80904

Amenities

Parking Spaces: 4
Parking: Reserved
View: Mountain View

Interior

Heating: Forced Air
Cooling: Other

Exterior

Lot Description: 3600.00
Roof: Other
Construction: Frame

School Information

District: Colorado Springs 11
Elementary: West
Middle: West
High: Coronado

Additional Information

Zoning: C6

Financials

$/SqFt: $221

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Listing information last updated on November 15th, 2019 at 9:35am CST.