1231 N Academy Boulevard Colorado Springs, CO ^$ 1,250,000

1231 N Academy Boulevard

^$ 1,250,000

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1231 N Academy Boulevard

Colorado Springs, CO, 80909

^$ 1,250,000

Bedrooms-- Baths-- Sq 4,908

Listed by Forbes Park Realty

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 1

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 2

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 3

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 4

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 5

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 6

1231 N Academy Boulevard, Colorado Springs, CO 80909 - Image 7

Property for Rent in Colorado Springs, CO

for $1,250,000. This 4,908 square foot property was built in 1975 on a lot size of 0.46.

ESTABLISHED BUILDING AND LOCATION, PROPERTY HAS BEEN OPERATED AS A RESTAURANT SINCE THE LATE SEVENTIES. LOCATED ON N ACADEMY BLVD BELOW WENDY'S AND ACROSS THE ROAD FROM MCDONALD'S AND ARBY'S. TONS OF POTENTIAL WITH JUST UNDER 5000SF OF SPACE AND LOTS OF PARKING. WOULD BE A GREAT RETAIL LOCATION FOR ANYTYPE OF BUSINESS. ACADEMY FRONTAGE AND FACING WEST. IT IS ALSO NEAR A BUSY INTERSECTION WITH HIGH TRAFFIC COUNT AND FOOT TRAFFIC. ZONED C-6 ALLOWS FOR MANY USES. OWNER IS OPEN TO A SALE OR POTENTIAL LEASING AND MAY CONSIDER OWNER CARRY. IF INTERESTED, TWO ADDITIONAL LOTS ACROSS THE ALLEY ARE AVAILABLE FOR SALE SEPARATELY.

Rental Active

Price

^$ 1,250,000

Taxes

^$ 5,644

Style

Free Standing

Lot Size

0.46

Year Built

1975

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

7431637

Features

General

Sewer Public Sewer

Utilities Cable Available Electricity Connected Internet Access (Wired) Phone Connected

Possession Closing/DOD

Roof Tar/Gravel

Zoning C6

Garage Spaces 0

Construction Materials Concrete

Year Built 1975

Electric 110V 220 Volts Phase 3

Stories Count 1

Property Subtype Special Purpose

Tax Year 2022

Current Use Restaurant Retail

Gross Income 0

County El Paso

Operating Expense 0

Property Type Commercial Sale

Attached Garage N

Building Features Fixtures/Equipment Included Food Service Signage Included

Status Active

Directions ACADEMY BLVD NORTH FROM PLATTE AVENUE TO SAN MIGUEL. WHEN YOU SEE WENDYS ON CORNER OF SAN MIGUEL AND ACADEMY TURN RIGHT JUST SOUTH OF INTERSECTION BETWEEN WENDYS AND SUBJECT PROPERTY ALONG SIDE OF BU

City Colorado Springs

Number Of Units Total 0

Lot Size Units Square Feet

Lot Size Square Feet 20000

Carport Spaces 0

Listing Terms Cash

Tax Annual Amount 5644

Leasable Area 4908

Lease Considered Y/N Y

Structure Type Free Standing

Lease Type NNN

Standard Status Active

Occupancy Type Owner

Cap Rate 0

Leasehold Rent $/Mo 6500

Exterior

Water Source Public

Total Parking 30

Lot Size Area 20000

Building Area Total 4908

Lot Size Acres 0.46

Road Frontage Type Public

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1231

* Excluded Features

List By

Forbes Park Realty

Broker

(719) 379-7777

Phone

Nearby

Trends
Schools

About Colorado Springs, CO

461,521 Population

27% Since 2002

^$57,575 Median Income

36.95 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$1,250,000		Listed Price

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1231 N Academy Boulevard, Colorado Springs, CO, 80909 is a Property for Rent at $1,250,000 with 4,908 sqft and a lot size of 0.46. 1231 N Academy Boulevard was built in 1975. The property's zip code is 80909 which is in Colorado Springs, CO

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Financial calculator disclaimer: 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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Data is updated as of 12/17/2025.

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1231 N Academy Boulevard

Property for Rent in Colorado Springs, CO

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