FOR SALE
Purchase Price: Reduced to $775,000!!

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1824 W. Colorado Avenue Colorado Springs, CO 80904

1824 W. Colorado Avenue
Colorado Springs, CO 80904

Great opportunity for an owner user in this one of a kind restored Victorian residence with MX-M zoning, allowing a variety of uses. Constructed in 1888 with an ADU added in 1998, this property offers ultimate flexibility for retail, office, residential, live/work, or multifamily use and has been renovated to blend modern conveniences with historic charm. Fresh paint, refinished original hardwood floors, new kitchen/break room (2024) with brand new stainless steel appliances and leathered granite countertops, detailed trim work, updated bathrooms, new sewer line (2023), newer boiler (2020), roof (2017), and foundation improvements (2024) bring this property into the 21st century without sacrificing its Victorian allure. 
The main building, which could be divided into two separate units with separate entrances,  features 4 bedrooms/offices, 2.5 bathrooms, a formal dining room, ample storage, an original leaded glass pantry, a receiving room with new floors (2024) & window treatments, and an upstairs studio space with sink and refrigerator (not included in office count). The flexible layout is suitable for commercial, income generating or live/work arrangements. Laundry hookups are available both upstairs and downstairs, with a stackable washer/dryer included. The downstairs back bedroom also offers separate access, ideal for an office setup. The professionally designed outdoor living space offers a low maintenance cottage garden featuring a courtyard fountain, mature roses, peonies, and a stately shade tree.

The cottage is currently leased through May 2025 and includes 1 bedroom + loft, 1.5 bathrooms, its own laundry and kitchen facilities, and central heating and air conditioning. The cottage offers potential for office, owner occupied short term rental, multi-generational living, or conversion into a 1-car garage with an attached office or loft. This property’s historic charm, modern updates, and versatility make it a rare find. Whether as a retail space, homey office, stately residence, rental property, or a combination, this classic Victorian gem offers endless possibilities.
For More Information Please Contact:
Sarah Humbargar
Sherpa Commercial Real Estate, Inc. - Associate Broker
719.339.0712 | [email protected]