Skip To Content

    575 S Union Boulevard

    Colorado Springs, CO 80910
    • $4,200,000
    • STATUS: Active
    • ON SITE: 388 days
    • ID#: 4186482
    UPDATED: 11 min ago
    $4,200,000
    • 0
      BEDS
    • 4.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 38,605
      SQFT
    • $109
      $/SQFT
    Type:
    Commercial
    Built:
    1982
    County:

    School Ratings & Info

    Listing provided courtesy of Live Dream Colorado Llc.

    Description

    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.

    Monthly Payment Calculator



    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. Data last updated 2021-04-11T13:40:53.383.
    www.tommydalyhometeam.com/homes/104259756
    Print Image

    575 S Union Boulevard Colorado Springs, CO 80910

    • Price: $4,200,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 4186482
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.48
    Acres
    38,605
    SQFT
    $109
    $/SQFT
    1982
    Built
    County:
    El Paso
    Area:
    Colorado Springs
    Property Description
    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.
    Interior Features

    Stories 1 Unit Count 3

    Property Features

    Commercial Sub Type Free-Standing BuildingMedicalSchool/UniversityStreet Retail Commercial Use Type Vacant/Owner-User Notices See Show/Agent RemarksSold As Is Offered For Sale Property Sub Type Land Property Type Commercial Sales Price High 4200000 Tax Amount 18178.44



    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. Data last updated 2021-04-11T13:40:53.383.
     
    https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_4186482-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_4186482-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_4186482-2.jpg
    Logo
    Tommy Daly Home Team with Re/Max Properties inc.
    2630 Tenderfoot Hill St.
    Colorado Springs CO, 80906
    Listing provided courtesy of Live Dream Colorado Llc.