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Exceptional investment opportunity to acquire a high-visibility commercial property on Academy Blvd in Colorado Springs. Situated on 1.67 acres, this versatile asset offers immediate usability with significant long-term upside for investors, owner-users, and developers alike. The property features an established building currently operating as a popular local bar and entertainment venue, offering a turnkey setup for a similar use or the flexibility to reimagine the space to suit a variety of commercial concepts. With strong exposure along one of the city’s busiest corridors, this location benefits from consistent traffic and excellent accessibility. Zoned MX-M: Mixed Use Medium Scale commercial use, the site presents a unique redevelopment opportunity for those looking to capitalize on the size, location, and visibility of the parcel. Whether you’re considering repositioning the existing structure, expanding improvements, or pursuing a new development concept, the possibilities here are substantial! Offered for sale, lease, or potential seller carry, providing flexible options for variety of investment strategies. While the real estate is the primary offering, additional operational components may be included with an acceptable purchase, presenting added value to the right buyer. Rarely does a parcel of this size and exposure become available along N Academy—don’t miss the chance to secure a prime piece of Colorado Springs commercial real estate with both immediate functionality and future potential.

Highlights

  • Commercial Sale
  • Retail
  • Built in 1977
  • 1.67 Acre Lot
  • 200 days on Market

  • Year Built
    1977

  • Acres
    1.67


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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,750,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Colorado Springs, and can even get you in to see the property quickly.

How do I get a virtual tour of ?

Yes! A virtual tour is available for . Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for at around $21,467. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in El Paso County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Colorado Springs's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in commercial sales in Colorado Springs and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $3,750,000 with 11,874 sqft of space—that comes out to approximately $316 per square foot.

How long has this property been on the market?

was listed on April 22, 2026, which means it's been on the market for 200 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1977, making it approximately 49 years old.

What is the lot size of this property?

sits on a 1.67-acre lot, which is 72,745 square feet.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $13,609. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.

Last Updated: November 08, 2026 at 02:26AM | Source: REcolorado | MLS#: 1700643