Property Description

Discover the diverse income possibilities of this mixed-use investment property featuring multiple rental spaces in an established Colorado Springs location. Situated on approximately 0.45 acres, the property includes four separate buildings accommodating two residential rental cottages and three retail storefronts, offering a combination of commercial and residential leasing opportunities. The residential rental spaces each offer a 1 bed, 1 bath ranch layout with a 816 SqFt & 600 SqFt footprint, respectively. Each unit also includes a private fenced yard and dedicated parking, providing separation and outdoor space for occupants. The double unit commercial building has active leases, while the Boulder frontage storefront is vacant and available for potential occupancy. The vacant commercial space features generous storefront windows, a separate storeroom, and an enclosed rear patio with garage-door access. Each commercial unit includes restroom facilities, and a recently installed low-profile business sign adds visibility. A shared driveway serves the property, with customer parking in front of the storefronts and additional parking space behind the buildings. With multiple leasing spaces, existing commercial tenants, and a mix of residential and retail uses, this property offers flexibility for continued rental operations and future leasing opportunities, subject to applicable zoning requirements and approvals.

Property Features