525 E Costilla St - The Third Future Schools Building
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525 E Costilla St - The Third Future Schools Building
29,104 SF Speciality Building Offered at £5,128,499 in Colorado Springs, CO 80903
Investment Highlights
- Downtown's Dazzler! This modern masterpiece sits at the crossroads of the bustling downtown and the shimmering Prospect Lake!
- Acres of Opportunity! With nearly 3 acres, including an adjacent parcel, this is the land of dreams for redevelopment, owner occupy and more!
- Atrium Extravaganza! Awash with natural light and innovative design, the unique atriums set the tone, creating an ambiance that's unmatched.
Executive Summary
Downtown Colorado Springs isn't just having a moment; it's having its renaissance! Touted as the hottest address in town, especially with the recent spotlight on Space Force's decision to stay, this location is redefining urban charm.
Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property.
Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on.
Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you.
Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered.
The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate.
Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier.
Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation.
Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property.
Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on.
Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you.
Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered.
The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate.
Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier.
Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation.
Property Facts
| Price | £5,128,499 | Lot Size | 2.70 AC |
| Price Per SF | £176 | Building Size | 29,104 SF |
| Sale Type | Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2006 |
| Property Subtype | Schools | Parking Ratio | 1.37/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | £5,128,499 |
| Price Per SF | £176 |
| Sale Type | Owner User |
| Property Type | Speciality |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 2.70 AC |
| Building Size | 29,104 SF |
| Number of Floors | 1 |
| Year Built | 2006 |
| Parking Ratio | 1.37/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Bus Route
1 of 1
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 64184-14-142 | Improvements Assessment | £875,127 (2023) |
| Land Assessment | £115,210 (2023) | Total Assessment | £990,337 (2023) |
PROPERTY TAXES
Parcel Number
64184-14-142
Land Assessment
£115,210 (2023)
Improvements Assessment
£875,127 (2023)
Total Assessment
£990,337 (2023)
zoning
| Zoning Code | PIP1/CR CU SS (PIP-1 (Planned Industrial Park)/ CR (Commercial Residential) / CU (Conditional Use) SS (Stream Side)) |
| PIP1/CR CU SS (PIP-1 (Planned Industrial Park)/ CR (Commercial Residential) / CU (Conditional Use) SS (Stream Side)) |
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Bryan Rodriguez -
Real Broker LLC
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525 E Costilla St - The Third Future Schools Building
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