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$700,000
Est. payment /mo
2,600 SqFt
Price Dropped by $50K
937-947 S Tejon ST Colorado Springs, CO 80903
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UPDATED:
09/12/2024 04:36 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $269
MLS Listing ID 1784042
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,123
Property Description
**Prime Location with Tremendous Potential!**
Conveniently situated just off I-25 in the growing area of south downtown Colorado Springs, this property holds immense promise, especially being within an opportunity zone.
Desirable Off-Street Parking:Ample parking space, a rarity in urban settings, ensures seem less accessibility for patrons.
Versatile Bar Area: The property includes a small versatile bar area, ideal for various business concepts and entertainment ventures.
Expansion Potential: An additional 10000 sq ft lot (937 S. Tejon St.)is a blank slate, it offers opportunities for expansion or optimizing parking facilities, enhancing the property's value and utility.
Sale includes all Furniture, Fixtures, and Equipment (FF&E), streamlining the transition for new owners.
**Optional Business Acquisition:** Prospective buyers have the option to acquire a successful Italian restaurant that has been a staple in Colorado Springs for many years along with the property for an additional cost.
Hotel and restaurant liquor license- available to transfer with purchase
This property presents a compelling investment opportunity in a growing area, boasting strategic location, versatile amenities, and potential for further development. Don't miss out on this chance to capitalize on the growing market of south downtown Colorado Springs!
Conveniently situated just off I-25 in the growing area of south downtown Colorado Springs, this property holds immense promise, especially being within an opportunity zone.
Desirable Off-Street Parking:Ample parking space, a rarity in urban settings, ensures seem less accessibility for patrons.
Versatile Bar Area: The property includes a small versatile bar area, ideal for various business concepts and entertainment ventures.
Expansion Potential: An additional 10000 sq ft lot (937 S. Tejon St.)is a blank slate, it offers opportunities for expansion or optimizing parking facilities, enhancing the property's value and utility.
Sale includes all Furniture, Fixtures, and Equipment (FF&E), streamlining the transition for new owners.
**Optional Business Acquisition:** Prospective buyers have the option to acquire a successful Italian restaurant that has been a staple in Colorado Springs for many years along with the property for an additional cost.
Hotel and restaurant liquor license- available to transfer with purchase
This property presents a compelling investment opportunity in a growing area, boasting strategic location, versatile amenities, and potential for further development. Don't miss out on this chance to capitalize on the growing market of south downtown Colorado Springs!
Location
State CO
County El Paso
Others
Special Listing Condition Sold As Is
Listed by Exp Realty LLC
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