For Sale Property MLS# 2540199

1532 W Colorado Avenue

Colorado Springs, CO 80904

$590,000

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Take the tour

About 1532 W Colorado Avenue

Position your business along West Colorado Ave with this mixed-use property at the corner of Colorado Ave and 16th St in Old Colorado City. The location offers excellent exposure to traffic along this main corridor, includes a large, illuminated monument sign and existing drive-thru lanes. Excellent exposure along West Colorado Avenue, with approximately 11,420 vehicles per day on the nearby segment southeast of 17th Street (2025 AADT; CDOT/PPACG).

The main level features approximately 2,050 sq ft of commercial retail space—a blank canvas ready to be tailored to your business vision. The vacant commercial area offers flexibility for a variety of potential uses- zoned MX-M.

Head upstairs to the remodeled 1,453-sq-ft apartment featuring two bedrooms, a separate office, two bathrooms, HUGE closets, and washer/dryer hookups. The combination of commercial space and a spacious residential apartment offers options for an investor or a business owner seeking additional rental income.

With a prominent corner location, flexible commercial space, and an updated apartment, this property offers a compelling opportunity in Old Colorado City. Come check it out!

*Property was historically operated as a dry-cleaning facility. Available environmental records include a 1991 underground-storage-tank removal/site assessment and a November 29, 1995 Colorado state letter approving the tank-related remedial action and requiring no further investigation or remediation at that time. The letter addresses the historical underground tanks and does not establish current property-wide environmental clearance. No current Phase I Environmental Site Assessment is available. Historical reports are attached; additional historical records are available upon request. Buyers should review the documents with their environmental consultant and lender to determine any additional assessment requirements.

Property details

Property

Type
other
Year built
1968
Lot
0.1033 ac
List date
Oct 9, 2026

Schools

District
Colorado Springs School District 11

Location

Subdivision
Westside
Neighborhood
Westside

Location

Neighborhood
Westside
School district
Colorado Springs School District 11

Ask about this property

Questions on 1532 W Colorado Avenue, Colorado Springs, CO 80904, or want to see it in person?

Listed by Monica Breckenridge ABR CDPE CLHMS GRI MRP PSA RSPS SFR SRES , Pink Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.