3920 N Nevada Avenue, Colorado Springs, CO, 80907

Image Count: 6

$2,880,000

  • Highlights
  • Commercial
  • Hotel/Motel
  • 3920 N Nevada Avenue, Colorado Springs, CO, 80907 listed by Kyong Chu CMOE CNE GRI MCNE MRP
  • Active
  • MLS#: 4288467
  • Tour #3
  • View on Map
Space maker

Property Description

Excellent investment opportunity in a prime Colorado Springs location! This 32-unit motel offers over 13,000+ square feet and is ideally situated near University of Colorado Colorado Springs (UCCS), Downtown Colorado Springs, Garden of the Gods, and major employment hubs including nearby Air Force installations. Surrounded by strong retail and amenities such as Costco, Lowe's, and a wide variety of restaurants, this property benefits from high visibility and consistent demand. The existing motel layout presents a rare value-add opportunity for investors or developers. With its size and configuration, the property offers strong potential for redevelopment or conversion into multi-family units, extended stay housing, or other income-producing uses (buyer to verify zoning and intended use). High-demand location. Scalable upside. Strong long-term hold or reposition play.

Property Listed By

Picture of REALTOR Listing Property
  • Kyong Chu CMOE CNE GRI MCNE MRP
  • 7789-056-917  Call the Agent 
Picture of Office Listing Property
  • KC Realty
  • 7789-056-917  Call the Agent 
With more than 20 years of experience serving the Colorado Springs area, I am committed to providing honest guidance, skilled negotiation, and dedicated service to every client I serve. I built my career on hard work, trust, and genuine care — and I take pride in helping families and investors make confident real estate decisions. As an independent broker and owner of KC Realty, I focus strongly on listings while also assisting buyers who are ready for their next chapter. My goal is simple: d...

Property Details

    Property Information

  • Offered For: Sale
  • Sale Price High: $2,880,000
  • Property Sub Type : Hotel/Motel
  • County: El Paso
  • Land Usage: Multi-Family
  • Notices: Sold As Is

    Building and Units

  • Construction Year: 1968
  • Building SqFt: 13,000
  • Sq Ft Source: Assessor Records
  • LP Sqft: 222
  • Total Units: 32
  • Acres Available: 0.83
  • Bldg SqFt Available: 13,000

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                3920 N Nevada Avenue, Colorado Springs, CO, 80907

                Image 1 of 6: Other

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                Image 2 of 6: View of side of home featuring a mountain view and uncovered parking

                View of side of home featuring a mountain view and uncovered parking

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                Image 4 of 6: View of property featuring uncovered parking

                View of property featuring uncovered parking

                Image 5 of 6: Other

                Other

                Image 6 of 6: View of building exterior

                View of building exterior

                Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.