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For Sale71 Days
$3,750,000

3920 Nevada Avenue
Colorado Springs, CO 80907

Commercial For Sale
26,592 Sq. Ft.
Forbes Park Realty

Description for 3920 Nevada Avenue, Colorado Springs, CO 80907

This 32 Unit Motel is established and produces good income. It is located in a highly traveled commercial corridor of N Nevada. Near University of Colorado and Downtown Colorado Springs it is close to University Center and tons of visitor type places like Garden of the Gods, Air Force Academy, and Colorado College. This motel is well maintained and has a high occupancy rate. Rooms are renting for more than $100 per night! Motel and Office building total over 13,000SF! High traffic count and foot traffic. Great location for redevelopment too! Build apartments or other multi family units.

Property Details

Listing Details
For Sale
Commercial
For Sale
REC7922116
$3,750,000
09/19/2024
26,592 Sqft
Sole Proprietor
REC55060833
Location Information
US
CO
El Paso
Colorado Springs
80907
Nevada
3920
Avenue
Best Inn
W105° 10' 49.2''
N38° 53' 23.1''
N
Yes
Garage/Parking
No
No
Exterior Features
No
No
WaterFront and WaterAccess
No
Land Info
Nw
C6 NNO
Monthly
HOA Info
Monthly
No
Rental Info
Monthly
Listing Information
Forbes Park Realty
Stephen Teegardin
RECM9279
Recolorado
$3,750,000
10/02/2024 12:47:16
REC55052210
Teegardin Realty and Investment Company
Tasha Teegardin

Price History

Source: MLS
DateEventPriceSource
2024-09-19 17:20:15For Sale$3,750,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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