575 S Union Boulevard

Estimated Monthly Payment: $20,668/mo 575 S Union Boulevard, Colorado Springs, CO 80910 MLS# 4186482 Commercial Listing Status: Active
218
61
0
4

REMARKS:

Development opportunity new downtown Colorado Springs. Exciting infill! Four contiguous parcels on downtown's eastern edge with idyllic view of Prospect Lake and Pikes Peak, across the street from Memorial Park! Conceptual plan available for proposed PUD rezone for mixed residential/commercial. Also great for a campus concept! Will be deed restricted to protect the view corridor of the Pikes Peak Towers building on the parcel behind. Interim income opportunity with liquor store, two existing buildings, and one vacant lot. About the parcels: Four PBC zoned properties, including the lodge building at lighted intersection Union & Eastlake, school property on Eastlake, Lake Liquors at Airport and Union, and the adjacent fenced vacant land on Airport. The buildings are concrete block buildings on expansive parcels. Tremendous opportunity for owner/users to repurpose, taking advantage of excellent visibility on hard corner. 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. 1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a bowling alley, 1810 Eastlakes's current use is Education Use, formerly Life Skills 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.

OVERVIEW:

Commercial
Active
Land
1982
4.48

FINANCIAL:

$4,200,000
$18,178

 Courtesy of  Live Dream Colorado LLC

NEIGHBORHOOD & SCHOOL INFORMATION:

Data Last Updated: 10/22/2020

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

The information being provided is 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.

 

©2020 Program of Pikes Peak Multiple Listing Service, All rights reserved.