$4,200,000 COMLIST
575 S Union Blvd, Colorado Springs, CO 80910
0 Beds
0 Baths
38,605 sqft

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Listing Provided By Live Dream Colorado LLC
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:
  • $4,200,000
  • Square Footage:
  • 38,605
  • Acreage:
  • 4.48
  • Year Built:
  • 1982
  • Listing ID #:
  • 3825266
  • Street Address:
  • 575 S Union Blvd
  • City:
  • Colorado Springs
  • State:
  • Colorado
  • Postal Code:
  • 80910
  • County:
  • El Paso
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Panic Alarm
  • Construction Description:
  • Block
  • Construction Type:
  • Block
  • Leasable Square Feet:
  • 38605
  • Number Of Floors In Unit:
  • One
  • Number Of Units:
  • 3
  • Number Of Units Vacant:
  • 1
  • Stories:
  • 1
  • Style:
  • Detached
  • Total Building Square Footage:
  • 38605
  • Year Built:
  • 1982
  • Documents On Hand:
  • Building Plans
  • Conforms To Zoning:
  • Pbc
  • Lot Features:
  • Near Public Transit, Split Possible
  • Lot Size:
  • 4.48
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 195105
  • Road Frontage Type:
  • Private Road
  • Road Type:
  • Paved
  • Annual Lease Rate:
  • 8
  • Days On Market:
  • 580
  • Excluded:
  • Stained Glass And All Furniture Unless Otherwise Specified
  • Originating Mls:
  • Reco
  • Previous Listing Price:
  • 4000000
  • Terms:
  • Owner Will Carry
  • Building Name:
  • Odd Fellow, Life Skills, Lake Liquors
  • Street Direction Prefix:
  • S
  • Street Type:
  • Boulevard
  • Property Taxes:
  • $18,178
  • Tax Year:
  • 2019
  • Parking Description:
  • Asphalt, Circular Driveway
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Electricity Connected, Natural Gas Connected, Phone Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Live Dream Colorado LLC
  • COMLIST