Address
111 S CORONA Street Colorado Springs, CO
Price
$ 500,000
Property Attributes
  • MLS#3330952
  • TypeCommercial
  • CountyEL PASO
  • CityColorado Springs
  • Zip80903
  • Style
  • Year Built1913
  • Taxes1175
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1525
  • Lot Size2,875 SqFt
Listing Provided Courtesy Of:
Progressive Property Group LLC
Data Source:
Pikes Peak MLS
Property Description

PRIME LOCATION IN HIGH GROWTH AREA OF DOWNTOWN COLORADO SPRINGS. This Building has served as a "Locals Favorite" Restaurant for Many Decades. LOCATED WITHIN BOUNDARIES OF RAPIDLY DEVELOPING NEW EAST END OF OPPORTUNITY ZONE. The Area around the subject includes over 7 Major Newer Apartment Builds which makes a nucleus of over 1000 RESIDENTS WITHIN WALKING DISTANCE. The Upside for this Property is Endless. It does not have to follow tradition and keep as current use. The Sky is the Limit for this Location. There are Several More Projects on Tap for the Immediate Area. This area is very Supportive of the Arts, as The Cottonwood Center for the Arts is directly across the street, and the Western Jubilee Warehouse Theater just to the South. WALKING DISTANCE INCLUDES: Cottonwood Center for the Arts, ALL OF DOWNTOWN COLO SPGS, NEW 8000 Seat Multi-Use Stadium, NEW 171 unit Apartment Building (One Block from Suject), NEW 261 Room Marriott Hotel, NEW US Olympic & Paralympic Museum, NEW 80 Room Kinship Landing Hotel, 33 Unit Blue Dot Apartments, COMING SOON WITHIN WALKING DISTANCE: NEW 217 unit Apartment Building (4 blocks from Subject - Pikes Peak Plaza), 178 Unit Apartment Building on Cascade Ave, 27 Unit Casa Mundi Apartments on S. Tejon, YMCA Adding 100-200 Apartments at Existing Site, 120 Room Hyatt Place Hotel at Nevada and Kiowa, New Office Building/Multi-Use at Weber and Cimarron WITH MORE TO COME!!!! Built in 1913 the Building is in C+ and, depending on best use for new owner, will need minor attention. This Location is Second to None. COME GET YOUR STAMP OF DOWNTOWN CS TODAY!

Price History
3/6/2021 Listed $500,000

General Features

Property Type Commercial
Status Active
Sub Type Other
Tax Amount 1175.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80903

Price
AVG $430K
$500K
Taxes
AVG $5,896
$1,175
Visits
AVG 93
71
Year Built
AVG 1924
1913

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