Commercial Sale · Active

, CO

$3,750,000

Retail

Property Type

1.67 acres

Lot Size

1977

Year Built

1700643

MLS #

About This Property

Exceptional investment opportunity to acquire a high-visibility commercial property on Academy Blvd in Colorado Springs. Situated on 1.67 acres, this versatile asset offers immediate usability with significant long-term upside for investors, owner-users, and developers alike. The property features an established building currently operating as a popular local bar and entertainment venue, offering a turnkey setup for a similar use or the flexibility to reimagine the space to suit a variety of commercial concepts. With strong exposure along one of the city’s busiest corridors, this location benefits from consistent traffic and excellent accessibility.

Zoned MX-M: Mixed Use Medium Scale commercial use, the site presents a unique redevelopment opportunity for those looking to capitalize on the size, location, and visibility of the parcel. Whether you’re considering repositioning the existing structure, expanding improvements, or pursuing a new development concept, the possibilities here are substantial! Offered for sale, lease, or potential seller carry, providing flexible options for variety of investment strategies. While the real estate is the primary offering, additional operational components may be included with an acceptable purchase, presenting added value to the right buyer.

Rarely does a parcel of this size and exposure become available along N Academy—don’t miss the chance to secure a prime piece of Colorado Springs commercial real estate with both immediate functionality and future potential.

184 days on market

Listed by Monica Breckenridge · Pink Realty · Pinkteam@pinkrealty.com,719-888-7465

Last updated: 10/5/2026 9:15 AM · Source: REcolorado®, MLS#: 1700643

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Property Details

Key Details

Property Type Commercial Sale
Sub Type Retail
Status Active
MLS # 1700643
Days on Market 184

More Details

Year Built 1977
Lot Size (Sq Ft) 72,745
Acres 1.67
Annual Taxes $13,609
County El Paso
Zoning MX-M UV

Building & Lot

Sewer Public Sewer

Price History

DateEventPrice
10/5/2026 Price change
Source: REcolorado® #1700643
$3,750,000 -12.8%
4/22/2026 Listed for sale
Source: REcolorado® #1700643
$4,300,500

Based on information submitted to the MLS GRID as of October 23, 2026 at 6:50 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated October 5, 2026 at 9:15 AM.

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