BACK ON MARKET! Buyers loan fell through. Great investment, owner/user or development opportunity! Collect rents while you wait for your permits, or raise lease amounts to market for great cash flow. CAP rate is for projected rents. Two tenants currently in place; both leases are well below market, and will expire July 2023. 1.5 acres on industrial land consisting of three 1/2 acre parcels. Zoned PIP2 APZ1 AO, allowing for many uses, perfect for outdoor/ storage, self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.
This commercial property located at 5628-5704 E Pikes Peak Avenue, Colorado Springs, CO 80916 is currently listed for sale with an asking price of $525,000. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.
Agency Name: National Investor Realty
Agency Phone: 719-527-1258
Agency Title: The Cutting Edge Realtors