2511 W Colorado Ave

$650,000, 2 Beds 3 Baths 2,936 Sqft .08 Acres

About This Property

Opportunity to purchase an income producing property & a piece of Colorado history located in the heart of Old Colorado City! The property consists of a large retail space on the main level & two 1 bd/1 ba units on upper level. All tenants in place and leases through 2020. New rubber polymer roof put on in 2014. The retail unit has A/C. Eastside upper unit has an outdoor patio and Westside unit has mountain views. Units are accessible from streetside entrance or the back entrance with designated parking. Property was built originally as a saloon in the late 1800's and during prohibition became a barber shop. Property has a basement area that has an entrance to a tunnel utilized during prohibition time that was part of a larger tunnel system underground in the area. Also, visible at the top of the staircase entrance to the apartment units is a "prohibition window" that occupants could see visitors but visitors could not see them. Property could be use for vacation rentals in the future!

Status: Active

Metrolist Services Inc (Colorado) Logo RE/MAX Real Estate Group Inc.

Essential Information

MLS® #7588095
Price$650,000
Bedrooms2
Bathrooms3.00
Square Footage2,936
Acres0.08
Year Built1900
TypeIncome
Sub-TypeIncome
StatusActive

Community Information

Address2511 W Colorado Ave
SubdivisionOld Colorado City
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80904

Amenities

Parking Spaces4
ParkingReserved
ViewMountain View

Interior

HeatingForced Air
CoolingOther

Exterior

Lot Description3600.00
RoofOther
ConstructionFrame

School Information

DistrictColorado Springs 11
ElementaryWest
MiddleWest
HighCoronado

Additional Information

ZoningC6

Listing Details

Metrolist Services Inc (Colorado) LogoRE/MAX Real Estate Group Inc

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Listing information last updated on September 17th, 2019 at 9:49pm MDT.

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