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125 N Parkside Dr

36,000 SF 100% Leased Office Building Colorado Springs, CO 80909 $1,900,000 ($53/SF)

Executive Summary

This former office building is perfectly configured for conversion to apartments with ideal floorplates and covered parking. The current owner has prepared the building for construction and is permit ready for 32-residential units and 32 parking spaces under the building. Each indoor parking space comes equipped with a generously sized storage unit; ensuring residents have ample room for all their belongings

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
36,000 SF
Building Class
C
Year Built
1959
Price
$1,900,000
Price Per SF
$53
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,446 SF
Slab To Slab
12’
Building FAR
1.13
Lot Size
0.73 AC
Zoning
R1-6 OC
Parking
40 Spaces (1.11 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Central Heating
  • Secure Storage
  • Wi-Fi
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64161-17-029
Land Assessment
$42,610
Improvements Assessment
$324,480
Total Assessment
$367,090
  • Listing ID: 33691074

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 125 N Parkside Dr, Colorado Springs, CO 80909

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