102 Holly Street Colorado Springs, CO $ 1,750,000
102 Holly Street
$ 1,750,000
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102 Holly Street

Colorado Springs, CO, 80904
$ 1,750,000
Bedrooms-- Baths-- Sq 3,212

Monthly Estimate*

$ 10,918

Listed by Cushman & Wakefield
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Commercial Property for sale in Colorado Springs, CO

for $1,750,000. This 3,212 square foot building was built in 1920 on a lot size of 0.65.

This exceptional and rare investment opportunity is located on the desirable west side of Colorado Springs, within walking distance to the world-renowned Garden of the Gods and bordering the vibrant community of Manitou Springs. Designed and curated by a husband-and-wife team—an accomplished theme park designer and an interior and garden designer—this property is a one-of-a-kind asset that blends artistry, functionality, and strong income performance. The multifamily property spans four parcels with potential for additional development. It features five updated and charming standalone cottages currently operated as long-term rentals, alongside four unique dwellings: a historic two-bedroom Craftsman home, a two-bedroom two-story A-frame cottage, a one-bedroom cottage, and a studio cottage. An exceptional turnkey opportunity—includes thoughtfully curated, high-end furnishings and décor throughout. These four units have achieved top 1% short-term rental performance in Colorado Springs, with over 2,000 stays in the past seven years. This property offers the rare opportunity to take-over and acquire their own short-term rental permits as the city has stated no other STR-non owner occupied permits are currently issued within the allotted proximity. Located just steps from one of Colorado Springs’ most iconic natural landmarks, the property at 102 Holly Gardens, Colorado Springs, enjoys a highly desirable setting on the city’s scenic west side. Bordering the charming town of Manitou Springs and within walking distance of Garden of the Gods, the location offers an exceptional blend of peaceful foothill ambience and vibrant community access. Residents benefit from quick access to hiking trails, Garden of the Gods Park’s dramatic red-rock formations, and Manitou’s lively shops and cafés, while being just a short drive from downtown Colorado Springs and major transport routes.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 2,734

Style

Cottage,Traditional

Lot Size

0.65

Year Built

1920

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

7235605

Features
General
Sewer Public Sewer
Utilities Electricity Available
Roof Shingle
Zoning R2-HS
Garage Spaces 0
Architectural Style Cottage Traditional
Year Built 1920
Tenant Pays Cable TV Electricity Internet
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family Residential
Building Name Holly Gardens
County El Paso
Property Type Commercial Sale
Attached Garage N
Status Active
City Colorado Springs
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 28496
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 2734
Leasable Area 3212
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.96
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Exterior
Exterior Amenities Garden
Lot Features Corner Lot Irrigated Landscaped
Water Source Public
Total Parking 9
Lot Size Area 28496
Building Area Total 3212
Lot Size Acres 0.65
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 102
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$11,146
Per Month
98%
2%
0%
Monthly Principal & Interest
$10,918
Monthly Property Taxes
$228
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
11/16/2025$1,750,000 -5.41% Price Down
11/10/2025$1,850,000 Listed Price

Map


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102 Holly Street, Colorado Springs, CO, 80904 is a Commercial Property for sale at $1,750,000 with 3,212 sqft and a lot size of 0.65. 102 Holly Street was built in 1920. The property's zip code is 80904 which is in Colorado Springs, CO