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    111 S Corona Street

    Colorado Springs, CO 80903
    • $500,000
    • STATUS: Active
    • ON SITE: 232 Days
    • ID#: 3330952
    UPDATED: 7 min ago
    $500,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,525
      SQFT
    • $328
      $/SQFT
    Type:
    Commercial
    Built:
    1913
    County:

    School Ratings & Info

    Listing provided courtesy of 00000132-Progressive Property Group Llc.

    Description

    PRIME LOCATION IN HIGH GROWTH AREA OF DOWNTOWN COLORADO SPRINGS. This Building has served as a "Locals Favorite" Restaurant for Many Decades. LOCATED WITHIN BOUNDARIES OF RAPIDLY DEVELOPING NEW EAST END OF OPPORTUNITY ZONE. The Area around the subject includes over 7 Major Newer Apartment Builds which makes a nucleus of over 1000 RESIDENTS WITHIN WALKING DISTANCE. The Upside for this Property is Endless. It does not have to follow tradition and keep as current use. The Sky is the Limit for this Location. There are Several More Projects on Tap for the Immediate Area. This area is very Supportive of the Arts, as The Cottonwood Center for the Arts is directly across the street, and the Western Jubilee Warehouse Theater just to the South.WALKING DISTANCE INCLUDES: Cottonwood Center for the Arts, ALL OF DOWNTOWN COLO SPGS, NEW 8000 Seat Multi-Use Stadium, NEW 171 unit Apartment Building (One Block from Suject), NEW 261 Room Marriott Hotel, NEW US Olympic & Paralympic Museum, NEW 80 Room Kinship Landing Hotel, 33 Unit Blue Dot Apartments, COMING SOON WITHIN WALKING DISTANCE: NEW 217 unit Apartment Building (4 blocks from Subject - Pikes Peak Plaza), 178 Unit Apartment Building on Cascade Ave, 27 Unit Casa Mundi Apartments on S. Tejon, YMCA Adding 100-200 Apartments at Existing Site, 120 Room Hyatt Place Hotel at Nevada and Kiowa, New Office Building/Multi-Use at Weber and Cimarron WITH MORE TO COME!!!!Built in 1913 the Building is in C+ and, depending on best use for new owner, will need minor attention. This Location is Second to None. COME GET YOUR STAMP OF DOWNTOWN CS TODAY!

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    Hudson Stonegate Team | Keller Williams Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-10-24T07:40:47.15.
    www.hudsonstonegate.com/homes/114828763
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    111 S Corona Street Colorado Springs, CO 80903

    • Price: $500,000
    • Status: Active
    • Updated: 7 min ago
    • ID#: 3330952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,525
    SQFT
    $328
    $/SQFT
    1913
    Built
    County:
    El Paso
    Area:
    Colorado Springs
    Property Description
    PRIME LOCATION IN HIGH GROWTH AREA OF DOWNTOWN COLORADO SPRINGS. This Building has served as a "Locals Favorite" Restaurant for Many Decades. LOCATED WITHIN BOUNDARIES OF RAPIDLY DEVELOPING NEW EAST END OF OPPORTUNITY ZONE. The Area around the subject includes over 7 Major Newer Apartment Builds which makes a nucleus of over 1000 RESIDENTS WITHIN WALKING DISTANCE. The Upside for this Property is Endless. It does not have to follow tradition and keep as current use. The Sky is the Limit for this Location. There are Several More Projects on Tap for the Immediate Area. This area is very Supportive of the Arts, as The Cottonwood Center for the Arts is directly across the street, and the Western Jubilee Warehouse Theater just to the South.WALKING DISTANCE INCLUDES: Cottonwood Center for the Arts, ALL OF DOWNTOWN COLO SPGS, NEW 8000 Seat Multi-Use Stadium, NEW 171 unit Apartment Building (One Block from Suject), NEW 261 Room Marriott Hotel, NEW US Olympic & Paralympic Museum, NEW 80 Room Kinship Landing Hotel, 33 Unit Blue Dot Apartments, COMING SOON WITHIN WALKING DISTANCE: NEW 217 unit Apartment Building (4 blocks from Subject - Pikes Peak Plaza), 178 Unit Apartment Building on Cascade Ave, 27 Unit Casa Mundi Apartments on S. Tejon, YMCA Adding 100-200 Apartments at Existing Site, 120 Room Hyatt Place Hotel at Nevada and Kiowa, New Office Building/Multi-Use at Weber and Cimarron WITH MORE TO COME!!!!Built in 1913 the Building is in C+ and, depending on best use for new owner, will need minor attention. This Location is Second to None. COME GET YOUR STAMP OF DOWNTOWN CS TODAY!
    Interior Features

    Unit Count 0

    Property Features

    Commercial Sub Type Flex SpaceMixed UseMuseum/GalleryRestaurant Commercial Use Type Vacant/Owner-UserBusiness Notices See Show/Agent Remarks Offered For Sale Property Sub Type Other Property Type Commercial Sales Price High 500000 Tax Amount 1175.00



    Hudson Stonegate Team | Keller Williams Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-10-24T07:40:47.15.
     
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    Hudson Stonegate Team | Keller Williams Realty
    3151 S Vaughn Way Suite 300
    Aurora CO, 80014
    Listing provided courtesy of 00000132-Progressive Property Group Llc.