• Year Built: 1943
115 N Union Blvd is a mixed-use property for lease in Colorado Springs, CO.
This is a very functional 1,995 square foot mixed-use residential/commercial property on an 8,150 square foot lot located on Union Boulevard [½ between the USOC and Memorial Park] adjacent to Memorial Hospital.Constructed in 1943, it has been thoroughly modernized and offers a large entry/living-room area, 5 offices, a kitchen, 2 bathrooms and a full-basement suited for storage. There is abundant parking in the front and rear; a large pole sign suited for retail-style advertising and its strategic location offers easy access to the downtown or the eastside.
Formerly the administrative office for a local non-profit, its (C-6) zoning allows for a myriad of difficult-to-place business that needs C-6 Zoning (MMJ, auto sales, etc.). It is a good location for any thriving small office-style business or retail establishment needing high visibility and traffic count. Property taxes are low – only $2,807. Property insurance is around $1,200. We recognized some deferred maintenance in our pricing strategy ($159,000).This won’t last.
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