505 E Costilla Street Colorado Springs, CO $ 6,500,000
505 E Costilla Street
$ 6,500,000
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505 E Costilla Street

Colorado Springs, CO, 80903
$ 6,500,000
Baths0.0 Sq 29,104

Monthly Estimate*

$ 45,404

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Studio

Commercial Property for sale in Colorado Springs, CO

for $6,500,000. This 29,104 square foot building was built in 2006 on a lot size of 2.7.

Downtown Colorado Springs isn't just having a moment; it's having its renaissance! Touted as the hottest address in town, especially with the recent spotlight on Space Force's decision to stay, this location is redefining urban charm. Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property. Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on. Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you. Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered. The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate. Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier. Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation

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Commercial Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

2.7

Year Built

2006

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

9985551

Features
General
Stories 1
Property Type Commercial
Status Active
Sub Type Other
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Exterior
Parking Spaces 44
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* Excluded Features
List By
Real

Broker

LRG@PCSColorado.com

Email

Affordability Calculator

$45,404
Per Month
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0%
0%
Monthly Principal & Interest
$45,404
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
267029 Elementary School
266932 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2023$6,500,000 Listed Price

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505 E Costilla Street, Colorado Springs, CO, 80903 is a Commercial Property for sale at $6,500,000 with 29,104 sqft and a lot size of 2.7. 505 E Costilla Street is a studio with 0.0 baths and was built in 2006. The property's zip code is 80903 which is in Colorado Springs, CO