320 E Costilla St 4,256 SF Office Building Colorado Springs, CO 80903 $1,150,000 ($270.21/SF)
INVESTMENT HIGHLIGHTS
- 6 offices, 3 conference rooms, kitchenette, and 2 bathrooms.
- Brick/Frame and Stucco Construction
- Chairlift for access to levels
- Property consists of 2 lots totaling 10,500 Sq Ft. (.24 acres)
- Southeast Downtown Corridor of Colorado Springs
EXECUTIVE SUMMARY
This commercial owner-occupied law office offers a prime location in the Southeast Downtown Corridor of Colorado Springs. Built in 1980, the garden-level building features 4,256 square feet of space with a functional layout, including six private offices, three conference rooms, a kitchenette, and two bathrooms. Situated on two lots totaling 10,500 square feet (.24 acres), the property is zoned FBZ-T1 and features a brick, frame, and stucco exterior. Additional amenities include a paved parking lot, two A/C units, and a chairlift for easy access between levels. This well-maintained office space provides a professional setting in a convenient downtown location.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,256 SF
Building Class
B
Year Built
1980
Price
$1,150,000
Price Per SF
$270.21
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,128 SF
Slab To Slab
12’
Building FAR
0.61
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
FBZ-T1 - Form Based Zone
Parking
18 Spaces (4.23 Spaces per 1,000 SF Leased)
AMENITIES
- Storage Space
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $150,540 | |
| Land Assessment | $30,030 | Total Assessment | $180,570 |
