Address
575 S Union Boulevard Colorado Springs, CO
Price
$ 4,200,000
Property Attributes
  • MLS#3825266
  • TypeCommercial
  • CountyEL PASO
  • CityColorado Springs
  • AreaOdd Fellow - Life Skills - Lake Liquors
  • Zip80910
  • StyleDetached
  • Year Built1982
  • Taxes$ 18178
  • Price$ 4,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage38605
  • Lot Size4.48 Acres
Listing Provided Courtesy Of:
Live Dream Colorado LLC
Data Source:
REColorado (MTOMLS) - 6 - CO
Property Description

Development opportunity near downtown Colorado Springs. Exciting infill on 4.88 acres! Four contiguous parcels across from Prospect Lake and Memorial Park on downtown's eastern edge. Idyllic lake and mountain views, including great views of Pikes Peak. Conceptual plan showing PUD rezone for mixed residential/commercial is just a starting point. Most of the property presents the opportunity to go vertical. Pikes Peak Towers building on the parcel behind will have a protected view corridor over a portion of the property, limiting height at that portion only to 3 stories tall. Interim income opportunity with liquor store, charter school, lodge hall and one vacant lot. About the parcels: Three PBC zoned properties, including the lodge building at lighted intersection Union & Eastlake, school property on Eastlake, and Lake Liquors at Airport and Union. Plus the adjacent fenced vacant land on Airport zoned R5 HR (multifamily residential high rise). The buildings are concrete block buildings on expansive parcels. 575 S Union is 19,600 SF above grade w 2,989 SF basement on 1.58 acres built 1982. Current use is charitable use as lodge hall for the Odd Fellows, great for hosting large events. 1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a bowling alley, 1810 Eastlakes's current use is Education Use, with an active lease to a charter school. 501 S Union is 1300sqft building constructed in 1960. It is an active liquor store. 0 Airport Rd is land used for parking and is fenced with chain-link.

Price History
3/18/2020 Listed $3,500,000

General Features

Architectural Style Detached
Attached Garage No
Building Name Odd Fellow, Life Skills, Lake Liquors
Carport Spaces 0.0
Carport Y/N No
City Colorado Springs
Construction Materials Block
County El Paso
Days on Market 532
Directions Located on the northeast corner of the intersection of South Union Blvd and Eastlake Blvd (South of Pikes Peak Ave, North of Fountain Blvd).
Exclusions Stained glass and all furniture unless otherwise specified
Garage Spaces 0.0
Garage Y/N No
Leasable Area 38605.0
Lease Considered Y/N Yes
Lease Type NNN
Levels One
Lot Size Square Feet 195105.0
Numberofunitsvacant 1
Occupant Type Owner
Possession ClosePlus30to60Days
Property Sub Type Additional Office
Property SubType Office
Property Type CommercialSale
Security Features PanicAlarm
Sewer PublicSewer
Standard Status Active
Status Active
Stories 1
Street Name Union
Tax Annual Amount 18178.0
Tax Year 2019
Terms OwnerWillCarry
Total Units 3
Utilities ElectricityConnected, NaturalGasConnected, PhoneConnected
Virtual Tour http://youtu.be/k2rQ7E50lxc
Walk Score 33
Year Built 1982
Zoning PBC

Interior Features

Street Suffix Boulevard

Exterior Features

Building Area Total 38605.0
Covered Spaces 0.0
Lot Features NearPublicTransit, SplitPossible
Lot Size Acres 4.48
Lot Size Area 4.48
Lot Size Units Acres
Parking Features Asphalt, CircularDriveway
Road Frontage Type PrivateRoad
Road Responsibility PublicMaintainedRoad
Road Surface Type Paved
Total Parking 0.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80910

Price
AVG $690K
$4.2M
Taxes
AVG $5,776
$18,178
Visits
AVG 86
108
Year Built
AVG 1977
1982
Walkscore
AVG 47
33
Data Provided by Walkscore ® not using MLS data

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