449 Manitou Avenue Manitou Springs, CO $ 1,495,000
449 Manitou Avenue
$ 1,495,000
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449 Manitou Avenue

Manitou Springs, CO, 80829
$ 1,495,000
Baths0.0 Sq 5,397

Monthly Estimate*

$ 9,936

449 Manitou Avenue, Manitou Springs, CO 80829 - Image 1
449 Manitou Avenue, Manitou Springs, CO 80829 - Image 2
Studio

Commercial Property for sale in Manitou Springs, CO

for $1,495,000. This 5,397 square foot building was built on a lot size of 0.375.

Premium Location! This neighborhood auto repair shop is located along busy Manitou Ave. Thousands of cars drive by this site every day on their route into Historic Manitou Springs. Also, Out-of-town visitors are in need of reliable auto repair. Exposure of this type is hard to find. This auto repair shop benefits from years of customer referrals and an excellent reputation. Business is thriving with a mix of repeat/new local business and out-of-town visitors. Buyers will have a significant opportunity for upside growth. This standalone building sits on nearly one-third of an acre with ample parking spaces. Easy access on and off of Manitou Ave and minutes from both Colorado Springs and the Rockies. If Automotive Service is what you are looking for this property is turnkey allowing you to start working immediately. This shop has 7 technician bays, and 7 post lifts(one of which is a frontend alignment lift). There is a restroom and a waiting area for customers. The Owner is including the business and is willing to leave the name of the business, and phone number along with all of the trade fixtures, lifts, frontend alignment machine, parts cleaning equipment, and other items described on equipment list. This building was at one time a gas station and still features the iconic canopy. The gas tanks were removed over 30 years ago and the property docs include an environmental study clearing the tanks. P&Ls will show EXCELLENT Return on Investment. Use your business model to continue the growth of this established location and business. Contact Listing Agents to schedule a visit to this incredible location.

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Commercial Contingent

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,656

Style

Industrial

Lot Size

0.375

Town/City

Manitou Springs

County/Region

El Paso

MLS | Web ID

9293965

Features
General
Property Type Commercial
Yearly Taxes 12656.00
Status Under Contract - Showing
Sub Type Industrial
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* Excluded Features
List By
Brokers Guild Real Estate

Broker

TeamLewis.Nick@gmail.com

Email

Affordability Calculator

$10,991
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,936
Monthly Property Taxes
$1,055
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
267029 Elementary School
266932 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$1,495,000 -6.27% Price Down
11/10/2023$1,595,000 -5.90% Price Down
11/8/2023$1,695,000 -15.21% Price Down
7/29/2023$1,999,000 -9.14% Price Down
6/16/2023$2,200,000 Listed Price

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449 Manitou Avenue, Manitou Springs, CO, 80829 is a Commercial Property for sale at $1,495,000 with 5,397 sqft and a lot size of 0.375. 449 Manitou Avenue is a studio with 0.0 baths. The property's zip code is 80829 which is in Manitou Springs, CO