2105 E Platte Avenue Colorado Springs, CO ^$ 2,249,000

2105 E Platte Avenue

^$ 2,249,000

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2105 E Platte Avenue

Colorado Springs, CO, 80909

^$ 2,249,000

Studio Baths0.0 Sq 16,159

Monthly Estimate*

^$ 14,948

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Studio

Commercial Property for sale in Colorado Springs, CO

for $2,249,000. This 16,159 square foot building was built in 1929 on a lot size of 1.

Unique opportunity with this centrally located 22-room motel with 88 self storage units on site - two businesses in one! Manager's suite has a full kitchen, bedroom, living room, bathroom, and storage. Separate retail building also included in the sale, previously used as a laundrymat, but renovated into owner's quarters and additional guest room, approximately 1600 sq ft; complete with full kitchen, living room, bedroom, and office offers potential for additional income, or on-site owner/operator. Lower level of this building houses a guest laundymat and separate laundry room and storage for housekeeping. Seven of the motel rooms have a kitchenette. Motel has a number of walk-ins throughout the year, which is supplemented by internet reservations for high occupancy, as well as high occupancy rate of the storage units.

Commercial Active

Price

^$ 2,249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,300

Style

Motel

Lot Size

Year Built

1929

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

9065702

Features

General

Property Type Commercial

Yearly Taxes 7300.24

Status Active

Sub Type Motel

* Excluded Features

List By

Re/Max Advantage Realty, Inc.

Broker

sellwithhelena@gmail.com

Affordability Calculator

$15,556

Per Month

Monthly Principal & Interest: $14,948
Monthly Property Taxes: $608
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Colorado Springs, CO

Average List Price ^$946,505

Percent of Sale Price 58%

About Colorado Springs, CO

461,521 Population

27% Since 2002

^$57,575 Median Income

36.95 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

267029 Elementary School

266932 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$2,249,000	-6.10%	Price Down
12/18/2023	$2,395,000		Listed Price

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2105 E Platte Avenue, Colorado Springs, CO, 80909 is a Commercial Property for sale at $2,249,000 with 16,159 sqft and a lot size of 1. 2105 E Platte Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 80909 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Pikes Peak REALTOR(R) Services Corp.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of The Pikes Peak REALTOR(R) Services Corp. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Data is updated as of 5/27/2024.

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2105 E Platte Avenue

Commercial Property for sale in Colorado Springs, CO

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