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Map
$4,248,686*
●
Commercial -
Off Market
575 S Union Boulevard
Colorado Springs, CO 80910
Studio
0 Bath
$3,780,000 - $4,620,000
Reference Base Price*
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Development opportunity near downtown Colorado Springs. Exciting
infill on 4.88 acres! Four contiguous parcels across from Prospect
Lake and Memorial Park on downtown's eastern edge. Idyllic lake and
mountain views, including great views of Pikes Peak. Conceptual
plan showing PUD rezone for mixed residential/commercial is just a
starting point. Most of the property presents the opportunity to go
vertical. Pikes Peak Towers building on the parcel behind will have
a protected view corridor over a portion of the property, limiting
height at that portion only to 3 stories tall. Interim income
opportunity with liquor store, charter school, lodge hall and one
vacant lot.About the parcels: Three PBC zoned properties, including
the lodge building at lighted intersection Union & Eastlake, school
property on Eastlake, and Lake Liquors at Airport and Union. Plus
the adjacent fenced vacant land on Airport zoned R5 HR (multifamily
residential high rise).The buildings are concrete block buildings
on expansive parcels. 575 S Union is 19,600 SF above grade w 2,989
SF basement on 1.58 acres built 1982. Current use is charitable use
as lodge hall for the Odd Fellows, great for hosting large events.
1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a
bowling alley, 1810 Eastlakes's current use is Education Use, with
an active lease to a charter school. 501 S Union is 1300sqft
building constructed in 1960. It is an active liquor store. 0
Airport Rd is land used for parking and is fenced with chain-link.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,515
HOA Dues
-
Year Built
1982
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 23, 2022 | No longer available | - | |
No longer available | |||
Jun 22, 2022 | Sold | $3,815,000 | |
Sold | |||
Jan 7, 2022 | In contract | - | |
In contract | |||
Dec 21, 2021 | Relisted | $4,200,000 | |
Relisted | |||
Dec 19, 2021 | No longer available | - | |
No longer available |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/17/2020
|
|
Loft
|
-
|
-
|
$3,500,000
Loft
-
|
-
-
|
-
|
Lauren D Collier CNE MCNE MRP
Live Dream Colorado LLC
|
Building Info
575 South Union Boulevard
575 South Union Boulevard, Colorado Springs, CO 80910