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Carliss Erickson
LIV Sotheby's International Realty
LIV Sotheby's International Realty home

575 S Union Boulevard
575 S Union Boulevard Colorado Springs, Colorado 80910 United States

$4,200,000
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Development opportunity near downtown Colorado Springs. Exciting infill on 4.88 acres! Four contiguous parcels across from Prospect Lake and Memorial Park on downtown's eastern edge. Idyllic lake and mountain views, including great views of Pikes...
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Listing Courtesy of Live Dream Colorado LLC
$4,200,000
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4.48 Acres
Exterior
Single Family Homes
Property type
1982
Year Built
3825266
Web Id
3825266
MLS ID
Colorado Springs 11
School District

About 575 S Union Boulevard

Development opportunity near downtown Colorado Springs. Exciting infill on 4.88 acres! Four contiguous parcels across from Prospect Lake and Memorial Park on downtown's eastern edge. Idyllic lake and mountain views, including great views of Pikes Peak. Conceptual plan showing PUD rezone for mixed residential/commercial is just a starting point. Most of the property presents the opportunity to go vertical. Pikes Peak Towers building on the parcel behind will have a protected view corridor over a portion of the property, limiting height at that portion only to 3 stories tall. Interim income opportunity with liquor store, charter school, lodge hall and one vacant lot. About the parcels: Three PBC zoned properties, including the lodge building at lighted intersection Union & Eastlake, school property on Eastlake, and Lake Liquors at Airport and Union. Plus the adjacent fenced vacant land on Airport zoned R5 HR (multifamily residential high rise). The buildings are concrete block buildings on expansive parcels. 575 S Union is 19,600 SF above grade w 2,989 SF basement on 1.58 acres built 1982. Current use is charitable use as lodge hall for the Odd Fellows, great for hosting large events. 1810 Eastlake is 14,716 SF on 1.36 acres built 1962. Originally a bowling alley, 1810 Eastlakes's current use is Education Use, with an active lease to a charter school. 501 S Union is 1300sqft building constructed in 1960. It is an active liquor store. 0 Airport Rd is land used for parking and is fenced with chain-link.

Listing Courtesy of Live Dream Colorado LLC, Recolorado MLS

features

lot description
Private Road

PROPERTY INFORMATION

Garage Info
0
Parking Description
Asphalt, Circular Driveway
Sewer
Public Sewer
Water
Public

EXTERIOR

Construction
Block
Lot Description
Near Public Transit, Subdividable

ADDITIONAL INFORMATION

Number of Units
3
Listing Courtesy of Live Dream Colorado LLC
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Listing Courtesy of Live Dream Colorado LLC
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