Address
449 Manitou Avenue, Manitou Springs, CO
Price
$ 1,495,000
Property Attributes
  • MLS#9293965
  • TypeContingent
  • CountyEL PASO
  • CityManitou Springs
  • Zip80829
  • StyleIndustrial
  • Taxes$ 12656
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5397
  • Lot Size0.375 Acres
Data Source:
Pikes Peak MLS (PPMLS)
Property Description

Premium Location! This neighborhood auto repair shop is located along busy Manitou Ave. Thousands of cars drive by this site every day on their route into Historic Manitou Springs. Also, Out-of-town visitors are in need of reliable auto repair. Exposure of this type is hard to find. This auto repair shop benefits from years of customer referrals and an excellent reputation. Business is thriving with a mix of repeat/new local business and out-of-town visitors. Buyers will have a significant opportunity for upside growth. This standalone building sits on nearly one-third of an acre with ample parking spaces. Easy access on and off of Manitou Ave and minutes from both Colorado Springs and the Rockies. If Automotive Service is what you are looking for this property is turnkey allowing you to start working immediately. This shop has 7 technician bays, and 7 post lifts(one of which is a frontend alignment lift). There is a restroom and a waiting area for customers. The Owner is including the business and is willing to leave the name of the business, and phone number along with all of the trade fixtures, lifts, frontend alignment machine, parts cleaning equipment, and other items described on equipment list. This building was at one time a gas station and still features the iconic canopy. The gas tanks were removed over 30 years ago and the property docs include an environmental study clearing the tanks. P&Ls will show EXCELLENT Return on Investment. Use your business model to continue the growth of this established location and business. Contact Listing Agents to schedule a visit to this incredible location.

Price History
6/16/2023 Listed $2,200,000
7/29/2023 10% - $1,999,000
11/8/2023 16% - $1,695,000
11/10/2023 6% - $1,595,000
3/5/2024 7% - $1,495,000

General Features

Property Type Commercial
Yearly Taxes 12656.00
Status Under Contract - Showing
Sub Type Industrial

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 Contingent Average in 80829

Price
AVG $720K
$1.5M
Taxes
AVG $3,850
$12,656
Visits
AVG 239
193
Data Provided by Inside Real Estate®
Walkscore
AVG 65
63
Data Provided by Walkscore® not using MLS data

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