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2933 Sage St - Redevelopment Opportunity - Corner Lot

2,196 SF Specialty Building Offered at $615,000 in Colorado Springs, CO 80907

Investment Highlights

  • 25,000+ VPD, visible from I-25 with 150,000+ VPD
  • Excellent location for redevelopment - well-suited for a quick service drive-thru
  • Flexible zoning allows for a variety of uses
  • Multiple new developments recently completed directly across the street

Executive Summary

This property is a great opportunity for an investor to start from the ground up for development, but keep the existing car wash and cash flow while working on the pre-development work with the city.
This corner lot with high traffic makes this location ideal for a quick service drive-thru including coffee or sandwiches.
Seller-financing available.

Property Facts

Price $615,000
Price Per SF $280
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.37 AC
Building Size 2,196 SF
No. Stories 1
Year Built/Renovated 1985/2021
Tenancy Single
Parking Ratio 2.73/1,000 SF
Cross Streets W Fillmore St

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
73361-02-019
Land Assessment
$38,930
Improvements Assessment
$18,410
Total Assessment
$57,340

zoning

Zoning Code C5/CR HS C (C5 now classified as MX-M (Mixed-Used Medium Scale). Allows for a variety of uses.)
C5/CR HS C (C5 now classified as MX-M (Mixed-Used Medium Scale). Allows for a variety of uses.)
  • Listing ID: 29252833

  • Date on Market: 8/11/2023

  • Last Updated:

  • Address: 2933 Sage St, Colorado Springs, CO 80907

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