1415 S Corona Avenue Colorado Springs, CO $ 1,375,000
1415 S Corona Avenue
$ 1,375,000
Recently Listed New Construction
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1415 S Corona Avenue

Colorado Springs, CO, 80905
$ 1,375,000
Bedrooms-- Baths-- Sq 7,920

Monthly Estimate*

$ 8,466

Listed by Cushman & Wakefield
1415 S Corona Avenue, Colorado Springs, CO 80905 - Image 1
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Commercial Property for sale in Colorado Springs, CO

for $1,375,000. This 7,920 square foot building was built in 1962 on a lot size of 0.44.

Cushman & Wakefield is pleased to present 1415 S Corona Avenue, a 10-unit investment property located in the heart of Colorado Springs. 1415 S Corona Ave is a well-maintained, fully renovated multifamily property consisting of 10 units. Recent upgrades throughout the property ensure a modern, low-maintenance environment for residents, and provide strong potential for future rent increases and long-term appreciation. This property is a prime example of a thoughtfully updated residential asset with modern amenities and high tenant satisfaction. The property’s proximity near Hwy 25 & Downtown Colorado Springs provides easy access to major transportation and nearby amenities, including upscale dining such as Prime 25, retail shops like Lululemon, Verda Spa, and two major grocery stores including the newly constructed Sprouts Farmers Market. Providing convenient access to local amenities, schools, and transportation routes. This location is highly attractive to both tenants and investors. Additionally, with nine of the ten units currently leased, the property demonstrates strong demand and high tenant retention. The property’s low vacancy rate and recent improvements make it a stable, income-producing asset with opportunities for future value-add enhancements, including increasing rents in line with the market. Please call 417-459-2155 to coordinate showing request.

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Commercial Active

Price

$ 1,375,000

Property Type

Commercial

Taxes

$ 5,368

Style

Lot Size

0.44

Year Built

1962

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

4186335

Features
General
Sewer Community Sewer
Possession Negotiable
Zoning MX-M
Garage Spaces 0
Exclusions Seller(s) personal property
Year Built 1962
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
County El Paso
Property Type Commercial Sale
Attached Garage N
Status Active
Directions From I-25 take Exit 140 for Tejon Street/South Nevada Avenue. Continue south on South Tejon Street then turn left onto Brookside Street. Proceed east on Brookside Street and turn right onto South Cor
City Colorado Springs
Number Of Units Total 10
Lot Size Units Square Feet
Lot Size Square Feet 19000
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 5368
Lease Considered Y/N N
Standard Status Active
Occupancy Type Tenant
Cap Rate 7.23
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Exterior
Water Source Public
Total Parking 16
Lot Size Area 19000
Building Area Total 7920
Lot Size Acres 0.44
Road Surface Type Paved
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Internal Only
Street Number 1 1415
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$8,913
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,466
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/12/2026$1,375,000 Listed Price

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1415 S Corona Avenue, Colorado Springs, CO, 80905 is a Commercial Property for sale at $1,375,000 with 7,920 sqft and a lot size of 0.44. 1415 S Corona Avenue was built in 1962. The property's zip code is 80905 which is in Colorado Springs, CO