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3501 W Colorado Avenue

Colorado Springs, CO 80904
  • $593,000
  • STATUS: Active
  • ON SITE: 226 Days
  • ID#: 7971691
UPDATED: 63 min ago
$593,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,520
    SQFT
  • $79
    $/SQFT
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Pikes Peak Multiple Listing Service logo Listing provided courtesy of Capital Property Group Llc: Capital Property Group Llc.

Description

Pleased to present the Ridgeview Motel development opportunity. An incredible development opportunity for the right investors. Investors will be able to determine the best use for the property, given their strategy. The property is currently a vacant motel that consists of ten (10) units (nine hotel units and a single-family home). The property is zoned as C5, which allows an investor to either keep the current structures for remodel or demolish to suit their needs. The interiors of the property have been demoed with some plumbing already roughed into the units.Full Offering Memorandum is available in Attached Documents.

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Pikes Peak Multiple Listing Service logo Action Team Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-12-08T15:41:30.33.
www.actionteamcolorado.com/homes/138866012
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3501 W Colorado Avenue Colorado Springs, CO 80904

  • Price: $593,000
  • Status: Active
  • On Site: 226 Days
  • Updated: 63 min ago
  • ID#: 7971691
0
Beds
0
Baths
0
½ Baths
0.45
Acres
7,520
SQFT
$79
$/SQFT
1946
Built
County:
El Paso
Area:
Colorado Springs
Property Description
Pleased to present the Ridgeview Motel development opportunity. An incredible development opportunity for the right investors. Investors will be able to determine the best use for the property, given their strategy. The property is currently a vacant motel that consists of ten (10) units (nine hotel units and a single-family home). The property is zoned as C5, which allows an investor to either keep the current structures for remodel or demolish to suit their needs. The interiors of the property have been demoed with some plumbing already roughed into the units.Full Offering Memorandum is available in Attached Documents.
Interior Features

Unit Count 0

Property Features

Commercial Sub Type Other Commercial Use Type Investment Notices Not Applicable Offered For Sale Property Sub Type Motel Property Type Commercial Sales Price High 593000 Tax Amount 2632.00



Pikes Peak Multiple Listing Service logo Action Team Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-12-08T15:41:30.33.
 
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Action Team Realty
6265 Lehman Drive, Ste 100
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Capital Property Group Llc: Capital Property Group Llc.