335 Circle DrColorado Springs, CO 80909

For Sale
$849,900

9,600 SF Retail Space, MMJ Approved

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 9,600-square-foot storefront, located at 335 N Circle Dr in Colorado Springs, CO 80909, presents a unique investment opportunity. The property, built in 1965 and extensively renovated in 2021, boasts a Class C designation and sits on a sizable 15,800-square-foot lot. Currently operating at 100% occupancy as a single-tenant retail space, the building features two stories and is zoned C6, allowing for a variety of uses. The asking price is $849,900, translating to $182.29 per square foot. The land value alone is assessed at a comparable $182.30 per square foot. The property's prime location on a busy street ensures high visibility and significant traffic exposure. Importantly, the property is approved for medical marijuana retail and cultivation. The seller is open to owner financing options with a negotiable percentage. This presents a rare chance to acquire a well-maintained, versatile commercial property in a thriving Colorado Springs location with significant upside potential. The current lease has approximately two months remaining.

Highlights

  • $849,900 asking price for this 9,600 square foot retail storefront.
  • Located at 335 N Circle Dr, Colorado Springs, CO 80909.
  • C-Class, single-tenant, 100% occupied building on a 15,800 square foot lot.
  • Features 9,600 square feet of net rentable space, with a price per square foot of $182.29.
  • Built in 1965 and renovated in 2021, this two-story building is zoned C6.
  • Owner/user investment opportunity with a broker co-op available.

Property Details for 335 Circle Dr

Property type
Other retail properties, Individual retail properties
Square Feet
9,600 SF
Class
C
Year Built/Renovated
1965/2021
Buildings
1
Stories
2
Units
1

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8369319
Longitude
-104.7755271
335 Circle Dr, Colorado Springs, Colorado

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335 Circle Dr
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