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$699,000
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Property Description
Ridgeview Motel Redevelopment Prime Westside InvestmentThe Lana Rodriguez Group is pleased to present an exceptional redevelopment opportunity at 3501 W Colorado Ave, Colorado Springs, CO. Located on the highly desirable west side, just minutes from Garden of the Gods, this property offers unparalleled potential for the right investor.Property Highlights:?? Current Structure: 10 units (9 motel rooms + 1 single-family home)?? Prime Location: West Colorado Springs, near top attractions & amenities?? Redevelopment Potential: Zoned C5, allowing for multiple investment strategies?? Ready for Transformation: Interiors already demoed with some plumbing rough-ins completeInvestment Potential: Whether you choose to renovate the existing structures or redevelop from the ground up, this property offers limitless potential to capitalize on a growing market.
Full Property Details
Full Property Details for 3501 W Colorado Ave
General
- Price: $699,000
- Taxes: $2,160
- Status: Active
- Type: Commercial
- Source: PikesPeak
- MLS ID: 2252997
- Updated: 4/18/2025
- Added to Site: 276 day(s) ago
Location
- County: El Paso
Structural Information
- Square Feet: 3,760
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.45
Financial Considerations
- Tax Amount: $2,160.19
Listed by Real Broker, LLC DBA Real
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Schools
Schools serving 3501 W Colorado Ave
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Howbert Elementary School 1023 North 31st Street, Colorado Springs, CO 80904 | PK-5 | 1 mi |
Holmes Middle School 2455 Mesa Road, Colorado Springs, CO 80904 | 6-8 | 1.5 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3501 W Colorado Ave
Date
Details
Price
Change
Source
4/17/2025
Listed
$699,000
16.5%
MLS
2/27/2023
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3501 W Colorado Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,160
—
$47,390
—
2023
$2,170
-18%
$47,390
1%
2022
$2,632
-5%
$47,040
—
2021
$2,776
—
$47,040
—
2021
$2,776
-13%
$47,030
—
2019
$3,175
24%
$47,030
34%
2018
$2,569
6%
$35,010
—
2017
$2,433
18%
$35,010
-1%
2016
$2,055
—
$35,440
—
2015
$2,047
-4%
$35,440
—
2014
$2,133
-2%
$35,440
—
2013
$2,169
—
$35,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3501 W Colorado Ave
3501 W Colorado Avenue, Colorado Springs, CO 80904 (MLS# 2252997) is a Commercial property. 3501 W Colorado Avenue is currently listed for $699,000 and was received on April 17, 2025. Want to learn more about 3501 W Colorado Avenue? Do you have questions about finding other Commercial real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.

