575 S Union Boulevard, Colorado Springs

$4,200,000

0 Beds
0 Baths
38,605 Sqft
4.48 Acres
0 Garages

Development opportunity new downtown Colorado Springs. Exciting infill! Four contiguous parcels on downtown's eastern edge with idyllic view of Prospect Lake and Pikes Peak, across the street from Memorial Park! Conceptual plan available for proposed PUD rezone for mixed residential/commercial. Also great for a campus concept! Will be deed restricted to protect the view corridor of the Pikes Peak Towers building on the parcel behind. Interim income opportunity with liquor store, two existing buildings, and one vacant lot. About the parcels: Four PBC zoned properties, including the lodge building at lighted intersection Union & Eastlake, school property on Eastlake, Lake Liquors at Airport and Union, and the adjacent fenced vacant land on Airport. The buildings are concrete block buildings on expansive parcels. Tremendous opportunity for owner/users to repurpose, taking advantage of excellent visibility on hard corner. 575 S Union is 19,600 SF above grade w 2,989 SF basement on 1.58 acres built 1982. Current use is charitable use as lodge hall for the Odd Fellows. 1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a bowling alley, 1810 Eastlakes's current use is Education Use, formerly Life Skills School. 501 S Union is 1300sqft building constructed in 1960. It is an active liquor store. 0 Airport Rd is land used for parking and is fenced with chain-link.

Essential Information
MLS® #4186482
Price$4,200,000
Square Footage38,605
Acres4.48
Year Built1982
TypeCommercial
Sub-TypeLand
StatusActive
Community Information
Address575 S Union Boulevard
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80910
Interior
# of Stories1
Listing Details
OfficeLive Dream Colorado LLC
Property History
Price Increased from $4,000,000 to $4,200,000
Price Increased from $3,500,000 to $4,000,000
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