3920 N Nevada Avenue Colorado Springs, CO $ 3,250,000
3920 N Nevada Avenue
$ 3,250,000
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3920 N Nevada Avenue

Colorado Springs, CO, 80907
$ 3,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 20,276

Listed by Forbes Park Realty
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 1
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 2
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 3
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 4
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 5
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 6
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 7
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 8
3920 N Nevada Avenue, Colorado Springs, CO 80907 - Image 9

Commercial Property for sale in Colorado Springs, CO

for $3,250,000. This building was built in 1968 on a lot size of 0.83.

This 32 Unit Motel is established and has great income. It is located in a highly traveled commercial corridor of N Nevada. Near University of Colorado and Downtown Colorado Springs it is close to University Center and tons of visitor type places like Garden of the Gods, Air Force Academy, and Colorado College. This motel is well maintained and has a high occupancy rate. Rooms are renting for more than $100 per night! Motel and Office building total over 13,000SF! High traffic count and foot traffic.

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Commercial Active

Price

$ 3,250,000

Property Type

Commercial

Taxes

$ 3,197

Style

Lot Size

0.83

Year Built

1968

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

6016910

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected
Possession Closing/DOD
Zoning C6 NNO
Garage Spaces 0
Year Built 1968
Electric 110V 220 Volts
Property Subtype Commercial Land
Tax Year 2022
Current Use Commercial
Building Name BEST INN
County El Paso
Property Type Commercial Sale
Attached Garage N
Status Active
Directions 3920 N NEVADA AVE ON WEST SIDE OF NORTH NEVADA AVENUE
City Colorado Springs
Lot Size Units Square Feet
Lot Size Square Feet 36050
Carport Spaces 0
Listing Terms Cash
Tax Annual Amount 3197
Lease Considered Y/N N
Standard Status Active
Occupancy Type Tenant
Cap Rate 10
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 36050
Lot Size Acres 0.83
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3920
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* Excluded Features
List By
Forbes Park Realty

Broker

(719) 379-7777

Phone

Affordability Calculator

$20,542
Per Month
99%
1%
0%
Monthly Principal & Interest
$20,276
Monthly Property Taxes
$266
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2025$3,250,000 -13.33% Price Down
5/2/2024$3,750,000 Listed Price

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3920 N Nevada Avenue, Colorado Springs, CO, 80907 is a Commercial Property for sale at $3,250,000 with a lot size of 0.83. 3920 N Nevada Avenue was built in 1968. The property's zip code is 80907 which is in Colorado Springs, CO