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3920 N Nevada Avenue

Colorado Springs, CO 80907
  • $2,880,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 4288467
UPDATED: 24 min ago
$2,880,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,000
    SQFT
  • $222
    $/SQFT
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Pikes Peak Multiple Listing Service logo Listing provided courtesy of KC Realty: 719-650-9877.

Description

Excellent investment opportunity in a prime Colorado Springs location! This 32-unit motel offers over 13,000+ square feet and is ideally situated near University of Colorado Colorado Springs (UCCS), Downtown Colorado Springs, Garden of the Gods, and major employment hubs including nearby Air Force installations.Surrounded by strong retail and amenities such as Costco, Lowe's, and a wide variety of restaurants, this property benefits from high visibility and consistent demand.The existing motel layout presents a rare value-add opportunity for investors or developers. With its size and configuration, the property offers strong potential for redevelopment or conversion into multi-family units, extended stay housing, or other income-producing uses (buyer to verify zoning and intended use).High-demand location. Scalable upside. Strong long-term hold or reposition play.

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-04-11T19:40:52.91.
www.tommydalyhometeam.com/homes/174190266
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3920 N Nevada Avenue Colorado Springs, CO 80907

  • Price: $2,880,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 24 min ago
  • ID#: 4288467
0
Beds
0
Baths
0
½ Baths
0.83
Acres
13,000
SQFT
$222
$/SQFT
1968
Built
County:
El Paso
Area:
Colorado Springs
Property Description
Excellent investment opportunity in a prime Colorado Springs location! This 32-unit motel offers over 13,000+ square feet and is ideally situated near University of Colorado Colorado Springs (UCCS), Downtown Colorado Springs, Garden of the Gods, and major employment hubs including nearby Air Force installations.Surrounded by strong retail and amenities such as Costco, Lowe's, and a wide variety of restaurants, this property benefits from high visibility and consistent demand.The existing motel layout presents a rare value-add opportunity for investors or developers. With its size and configuration, the property offers strong potential for redevelopment or conversion into multi-family units, extended stay housing, or other income-producing uses (buyer to verify zoning and intended use).High-demand location. Scalable upside. Strong long-term hold or reposition play.
Interior Features

Unit Count 0

Property Features

Commercial Sub Type Free-Standing BuildingHotel/Motel Commercial Use Type Business Notices Sold As Is Offered For Sale Property Sub Type Hotel/Motel Property Type Commercial Sales Price High 2880000 Terms CashOwner Carry



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-04-11T19:40:52.91.
 
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Tommy Daly Home Team with Re/Max Properties inc.
2630 Tenderfoot Hill St.
Colorado Springs CO, 80906
Pikes Peak Multiple Listing Service logo Listing provided courtesy of KC Realty: 719-650-9877.
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