505 E Costilla Street, Colorado Springs CO 80903

$5,850,000

505 E Costilla Street, Colorado Springs, CO 80903

bedrooms

bathrooms

square feet

Acreage

2.7

Open Houses

year built

2006

Full Baths

Half Baths

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Downtown Colorado Springs isn't just having a moment; it's having its renaissance! Touted as the hottest address in town, especially with the recent spotlight on Space Force's decision to stay, this location is redefining urban charm. Introducing a jaw-dropping centerpiece: A commercial jewel that sits majestically on Costilla St, the lifeblood connecting the ever-evolving downtown with the shimmering Prospect Lake. Speaking of which, guess who's becoming the newest style icon of the downtown skyline? That's right, Prospect Lake. And nestled right between these two legends is our star property. Crafted in 2006 with a modern flair, this building boasts an expansive, almost opulent 30,000 square feet. To put it simply, it’s HUGE. If you're thinking it's one of the largest single-story buildings in downtown Colorado Springs, you’d be spot on. Let’s talk land - a sprawling near 3-acre masterpiece. Whether you dream of redeveloping, land assemblage, or simply relishing in the rewards of holding prime real estate, this property rolls out the red carpet for you. Natural light? We're flooded with it. The thoughtfully designed atriums are the heartbeats of this edifice, setting it apart with a floor plan so fluid and functional, it’s like the universe’s way of giving a standing ovation. If you're craving a design that's truly a unicorn in its league, the atriums have you covered. The cherry on top? This deal comes with an adjacent parcel over 27,000 square feet. That’s right – over 3 acres of prime Colorado Springs real estate. Given the masterful construction, the unbeatable location, and the rarity of such a find, this isn't just any purchase. This is THE purchase. A golden ticket for the visionary owner-occupier. Ready to make a move that will echo through the ages? Grab this once-in-a-decade opportunity! Contact us NOW and own a piece of Downtown Colorado Springs' legendary transformation!

Location
Subdivision	-
County	El Paso
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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MLS number: 7938993

Listing agent: Lana Rodriguez

Listing broker: Real Broker, Llc (855) 450-0442

Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, March 10 2025 at 1:38 a.m. EDT

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