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320 S Cascade Ave
Colorado Springs, CO 80903

$890,000 USD

Office For Sale  •  4,352 SF

Property Details

• Property Type Office
• Total Building Size 4,352 SF
• Lot Size 0.05 AC
• Building Class B
• Year Built 1978
• Cap Rate 6.50 %
• Tenancy Multiple
• Zoning FBZ-CEN

57 Transit Score

69 Walk Score

Highlights

1 Block from the Courthouse.

Owner Financing Available.

On site Parking.

2nd Floor Tenant.

2176 SF 1st Floor available.

1031 Exchange Opportunity for Buyer.

Financial Summary (Proforma)

Net Operating Income: $55,335 USD (2023)

Cap Rate:	6.50 %
Total Expenses:	$29,650 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Beautiful Skin - Esthetician	2,176 SF	11/30/2025

Amenities

• Courtyard
• Security System
• Wheelchair Accessible
• Kitchen
• Central Heating
• Open-Plan
• Partitioned Offices
• Shower Facilities
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
City of Colorado Springs Municipal	21 min	-	9.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes