111 S Corona Street, Colorado Springs, CO

$500,000

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1,525

Square feet

0.07

Acres

About 111 S Corona Street

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!

Features of 111 S Corona Street

MLS® # 3330952
Price $500,000
Square Footage 1,525
Acres 0.07
Year Built 1913
Type Commercial
Sub-Type Other
Status Active

Community Information

Address 111 S Corona Street
City Colorado Springs
County El Paso
State CO
Zip Code 80903

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeProgressive Property Group LLC

Listing Map

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