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1765 N Academy Blvd

1 Acre of Commercial Land Offered at £610,311 in Colorado Springs, CO 80909

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Investment Highlights

Flat useable lot
Utilities on site
Monument signage

+/-1,000 Amp, 3 phase service
Former restaurant building
Excellent visibility along N Academy Blvd

Executive Summary

Seller is motivated to put a deal together. Will entertain all reasonable offers. +/-5,655 SF retail property (currently built out as a restaurant) on a flat and useable 1 acre lot along Academy Blvd. Excellent visibility. New developments coming to the area. Property is prime for the new owner to utilize for their own business, redevelop or reposition the asset. Zoning use is under MX-M (see below link).
+/- 46,000 cars per day
Population of +/-298,000 within 5 mile radius
Average HH income of +/-$76,000 within a 5 mile radius

1765 N Academy Blvd OM_compressed

Property Facts

Price	£610,311	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	1031 Exchange Deferred Maintenance	Proposed Use	Commercial Retail Office Auto Dealership Bank Bar Convenience Store Daycare Centre Department Store Drugstore Fast Food Healthcare Health Club Lodge or Meeting Hall Medical Outlet Centre Rehabilitation Centre Religious Facility Restaurant Single Family Development Storefront, Retail or Office Strip Centre Veterinarian or Kennel
No. Lots	1	Total Lot Size	1.00 AC

Price	£610,311
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Deferred Maintenance
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Auto Dealership Bank Bar Convenience Store Daycare Centre Department Store Drugstore Fast Food Healthcare Health Club Lodge or Meeting Hall Medical Outlet Centre Rehabilitation Centre Religious Facility Restaurant Single Family Development Storefront, Retail or Office Strip Centre Veterinarian or Kennel
Total Lot Size	1.00 AC

1 Lot Available

Lot

Price	£610,311	Lot Size	1.00 AC
Price Per AC	£610,311

Price	£610,311
Price Per AC	£610,311
Lot Size	1.00 AC

Flat, useable 1 acre lot with utilities on site along N Academy Blvd. Former restaurant with monument signage. MX-M zoning

Description

+/-5,655 SF retail property (former restaurant) on a flat and useable 1 acre lot along Academy Blvd. Excellent visibility. New developments coming to the area. Property is prime for the new owner to utilize for their own business, redevelop or reposition the asset. Zoning use is under MX-M (see below link). +/- 46,000 cars per day Population of +/-298,000 within 5 mile radius Average HH income of +/-$76,000 within a 5 mile radius

PROPERTY TAXES

Parcel Number	64023-07-008	Improvements Assessment	£30,242
Land Assessment	£80,553	Total Assessment	£110,795

PROPERTY TAXES

Parcel Number

64023-07-008

Land Assessment

£80,553

Improvements Assessment

£30,242

Total Assessment

£110,795

zoning

Zoning Code	PBC/CU/SS
PBC/CU/SS

(714) 293-2792

Contacts

Patrick Sharples
Peter Geise
G&S Group - KW Commercial

Listing ID: 32822623
Date on Market: 15/08/2024
Last Updated:
Address: 1765 N Academy Blvd, Colorado Springs, CO 80909

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1765 N Academy Blvd, Colorado Springs, CO for sale Primary Photo- Image 1 of 4 — 1765 N Academy Colorado Springs parking

1765 N Academy Blvd, Colorado Springs, CO for sale Aerial- Image 2 of 4 — 1 acre lot

1765 N Academy Blvd, Colorado Springs, CO for sale Aerial- Image 3 of 4 — Overhead side view

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