575 S Union Boulevard

Colorado Springs, CO 80910 — El Paso county

575 S Union Boulevard

Colorado Springs, CO 80910 — El Paso county


Price
$4,200,000
Sqft
38605.00 SqFt
Baths
0
Beds
0

Development opportunity near downtown Colorado Springs. Exciting infill on 4.88 acres! Four contiguous parcels across from Prospect Lake and Memorial Park on downtown's eastern edge. Idyllic lake and mountain views, including great views of Pikes Peak. Conceptual plan showing PUD rezone for mixed residential/commercial is just a starting point. Most of the property presents the opportunity to go vertical. Pikes Peak Towers building on the parcel behind will have a protected view corridor over a portion of the property, limiting height at that portion only to 3 stories tall. Interim income opportunity with liquor store, charter school, lodge hall and one vacant lot. About the parcels: Three PBC zoned properties, including the lodge building at lighted intersection Union and Eastlake, school property on Eastlake, and Lake Liquors at Airport and Union. Plus the adjacent fenced vacant land on Airport zoned R5 HR (multifamily residential high rise). The buildings are concrete block buildings on expansive parcels. 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, great for hosting large events. 1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a bowling alley, 1810 Eastlakes's current use is Education Use, with an active lease to a charter 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.

SqFt Lot
195105.00
Lot Size
4.48
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected
Water
Public
Sewer
Public Sewer
PPA
851562.50
Road Frontage Type
Private Road
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Parking Spaces
1
Parking Features
Asphalt, Circular Driveway
Construction Materials
Block
Security Features
Panic Alarm
PSF Total
$98.82
Previous Year Tax
18178.44
Year Tax
2019
Primary HOA Fees
0.00

Steve Proctor

RE/MAX Professionals
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA

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