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FOR SALE - FREE STANDING RESTAURANT BUILDING

Date post: 16-Oct-2021
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The information contained herein was obtained from sources believed to be reliable, however, Quantum Commercial Group Inc makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal without notice. 101 N Cascade Avenue, Suite 200 | Colorado Springs, CO 80903 719.590.1717 main | 719.634.0404 fax | www.quantumcommercial.com Quantum Commercial Group, Inc Commercial Real Estate Solutions PROPERTY INFORMATION Property: 937 & 947 S. Tejon St. Land: 20,000 SF (2 parcels) Improvements: Restaurant - Approx. 2,600 SF plus out building currently used for storage - Approx. 356 SF Zoning: FBZ-T1 (Formed Based - Transition Sector 1) Prime location on S Tejon Street with easy access to I-25 Located approximately 8 blocks from downtown in the SW redevelopment area Unique opportunity to acquire a well-known freestanding restaurant building Over 1,000 new apartments are planned or under construction in the downtown and SW area CONTACT BROKER FOR DETAILS SHOWINGS BY APPOINTMENT ONLY Excellent Opportunity in the South Downtown Redevelopment Area Restaurant is still in operation Includes real estate and fully equipped kitchen. Business is also available and can be purchased separately. FOR SALE - FREE STANDING RESTAURANT BUILDING 937 & 947 S Tejon Street, Colorado Springs, CO 80903 MARY FRANCES COWAN, CCIM Senior Broker, Office & Investment 719.228.3606 [email protected]
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The information contained herein was obtained from sources believed to be reliable, however, Quantum Commercial Group Inc makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, changes of price or conditions prior to sale or lease, or withdrawal without notice.

101 N Cascade Avenue, Suite 200 | Colorado Springs, CO 80903719.590.1717 main | 719.634.0404 fax | www.quantumcommercial.com

Quantum Commercial Group, IncCommercial Real Estate Solutions

PROPERTY INFORMATION

Property: 937 & 947 S. Tejon St.

Land: 20,000 SF (2 parcels)

Improvements: Restaurant - Approx. 2,600 SF

plus out building currently used

for storage - Approx. 356 SF

Zoning: FBZ-T1 (Formed Based -

Transition Sector 1)

• Prime location on S Tejon Street with easy access to I-25• Located approximately 8 blocks from downtown in the SW redevelopment area• Unique opportunity to acquire a well-known freestanding restaurant building• Over 1,000 new apartments are planned or under construction in the downtown and SW area

CONTACT BROKER FOR DETAILS

SHOWINGS BY APPOINTMENT ONLY

Excellent Opportunity in the South Downtown Redevelopment Area

Restaurant is still in operation

Includes real estate and fully

equipped kitchen.

Business is also available and can

be purchased separately.

FOR SALE - FREE STANDING RESTAURANT BUILDING937 & 947 S Tejon Street, Colorado Springs, CO 80903

MARY FRANCES COWAN, CCIMSenior Broker, Office & [email protected]

101 N Cascade Avenue, Suite 200 | Colorado Springs, CO 80903719.590.1717 main | 719.634.0404 fax | www.quantumcommercial.com

FOR SALE - FREE STANDING RESTAURANT BUILDING937 & 947 S Tejon Street, Colorado Springs, CO 80903

Population 1 Mile 3 Mile 5 Mile

2016 Total Population: 7,415 90,788 226,430

2021 Population: 7,901 96,272 240,557

Pop Growth 2016-2021: 6.55% 6.04% 6.24%

Average Age: 38.50 39.00 37.30

Households

2016 Total Households: 3,677 41,991 96,656

HH Growth 2016-2021: 6.53% 6.03% 6.23%

Median Household Inc: $32,992 $41,492 $43,253

Avg Household Size: 1.90 2.10 2.30

2016 Avg HH Vehicles: 1.00 2.00 2.00

Housing

Median Home Value: $160,789 $192,540 $176,724

Median Year Built: 1961 1964 1971

 

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