Investment Highlights
Executive Summary
Historic Commercial Real Estate Opportunity in Old Town Colorado Springs!Address: 2223 W Colorado Ave, Colorado Springs, CO 80904Price: $1,200,000Unlock a piece of Colorado Springs' history with this landmark property ? the iconic Mountain Shadows Restaurant! Nestled in the heart of Old Town, this commercial gem comes with a rich legacy of over 30 years and offers an exceptional investment opportunity.Property Highlights:Location, Location, Location: Situated in the picturesque Old Town area of Colorado Springs, this property is at the crossroads of charm and commerce.Historical Significance: The Mountain Shadows Restaurant has been a beloved establishment for over three decades, contributing to the cultural fabric of the community.Solid Investment: Priced at $1,200,000, this commercial real estate offers a lucrative 7.5% cap rate of return, making it an attractive investment for savvy buyers.Land and Building Details:Plot Size: 5400 sqftBuilding Size: 1750 sqftContingency: The sale includes a contingency ? the stipulation that the Mountain Shadows Restaurant remains on the land and in business. Preserve the historical and cultural significance of this landmark while securing your investment.Why Invest in Old Town Colorado Springs?Cultural Hub: Old Town is a vibrant cultural hub, attracting locals and tourists alike. Your investment will be at the center of the community's activities.Tourist Attraction: With its historical charm, unique shops, and dining experiences, Old Town is a magnet for tourists exploring the beauty of Colorado Springs.Proximity to Landmarks: Enjoy close proximity to famous landmarks, ensuring a steady stream of foot traffic and visibility for your business.Don't Miss Your Chance!Seize the opportunity to own a piece of Colorado Springs' history. This commercial real estate sale combines a solid investment with the preservation of a cherished local landmark. Act now to secure your place in the heart of Old Town Colorado Springs!For inquiries and to schedule a viewing, contact:James Sharkey 702-274-9932James@SharkeyFamilyRealtor.com
