885 Paget Point Colorado Springs, CO $ 5,800,000
885 Paget Point
$ 5,800,000
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885 Paget Point

Colorado Springs, CO, 80905
$ 5,800,000
Bedrooms-- Baths-- Sq 12,299

Monthly Estimate*

$ 36,622

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Commercial Property for sale in Colorado Springs, CO

for $5,800,000. This 12,299 square foot building was built on a lot size of 0.045.

Welcome to the Villas at Skyway - A gem nestled at the foot of Cheyenne Mountain in the Broadmoor area of Colorado Springs. This property offers the discerning buyer an ideal opportunity to enjoy immediate cash-flow from the completed 7 townhomes while developing the remaining 10 units. No Expense was spared in the design and construction of this property. Each unit is individually parcelled and could potentially be sold separately by the new owner. Covenants do allow for short-term rental use. Each home has separately metered utilities. Paved roads, curbs and gutters span the property, making the completion of the remaining three buildings that much easier. Each unit features stucco exterior, commercial EPDM roofs, balconies and private entrances. Info for the Land: Tap Fees Paid & Utilities are present and stubbed for each unit to be built Development Plans Approved by the City (inclusive of design, landscape and irrigation) (will be made available to buyer) Stormwater Detention Pond and other Infrastructure completed Completely Shovel-ready

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Commercial Active

Price

$ 5,800,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.045

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

1058818

Features
General
Property Type Commercial
Status Active
Sub Type Other
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* Excluded Features
List By
Re/Max Real Estate Group Llc

Broker

Affordability Calculator

$36,622
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,622
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3/31/2025$5,800,000 Listed Price

Map


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885 Paget Point, Colorado Springs, CO, 80905 is a Commercial Property for sale at $5,800,000 with 12,299 sqft and a lot size of 0.045. The property's zip code is 80905 which is in Colorado Springs, CO