SOCO Dream Homes

Colorado Springs, CO 80910 575 S Union Boulevard

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  • REColorado
  • MLS# 3825266
  • 03/18/2020
  • Request Tour
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Presented By: Live Dream Colorado LLC
  • SQFT • 38,605
  • Year Built • 1982

Home Details

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 & 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.
Presented By: Live Dream Colorado LLC

General for 575 S Union Boulevard

Architectural StyleDetached
Attached GarageNo
Building NameOdd Fellow, Life Skills, Lake Liquors
Carport Spaces0.0
Carport Y/NNo
Garage Spaces0.0
Garage Y/NNo
Parking FeaturesAsphalt, CircularDriveway
Property SubTypeOffice
Property TypeCommercialSale
Security FeaturesPanicAlarm
SewerPublicSewer
TermsOwnerWillCarry
Total Units3
ZoningPBC

Exterior for 575 S Union Boulevard

Building Area Total38605.0
Covered Spaces0.0
Lot FeaturesNearPublicTransit, SplitPossible
Lot Size Acres4.48
Lot Size Area4.48
Lot Size Square Feet195105.0
Lot Size UnitsAcres
Road Frontage TypePrivateRoad
Road Surface TypePaved
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Brent Mahagan

Price $4,200,000
MLS#3825266
List Date 03/18/2020
Property Type Commercial
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