Address
505 E Costilla Street, Colorado Springs, CO
Price
$ 6,500,000
Property Attributes
  • MLS#9985551
  • TypeCommercial
  • CountyEL PASO
  • CityColorado Springs
  • Zip80903
  • Style
  • Price$ 6,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage29104
  • Lot Size2.7 Acres
Data Source:
Pikes Peak MLS (PPMLS)
Property Description

Downtown Colorado Springs isn't just having a moment; it's having its renaissance! Touted as the hottest address in town, especially with the recent spotlight on Space Force's decision to stay, this location is redefining urban charm. Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property. Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on. Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you. Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered. The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate. Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier. Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation

Price History
8/24/2023 Listed $6,500,000

General Features

Stories 1
Property Type Commercial
Status Active
Sub Type Other

Exterior Features

Parking Spaces 44

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 80903

Price
AVG $2.07M
$6.5M
Visits
AVG 53
159
Data Provided by Inside Real Estate®
Year Built
AVG 1943
2006
Walkscore
AVG 74
74
Data Provided by Walkscore® not using MLS data

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