2532 W Colorado Ave, Colorado Springs, CO, 80904
About This Home
Step into a true landmark in the heart of Old Colorado City — a beautifully maintained building that effortlessly blends historic charm with modern luxury. This exceptional property features three fully leased commercial spaces, offering a solid and consistent income stream, while the gorgeous residential loft tucked at the rear provides breathtaking views and an entertainer's dream interior. The loft boasts expansive, light-filled living areas, high ceilings, and premium finishes throughout — perfect for both sophisticated entertaining and serene private living. Every corner of this building reflects care, quality, and timeless character, making it not only a smart investment but also a rare opportunity to own a piece of Old Colorado City history. Whether you are seeking prestige, income, or a stunning living space, this property delivers on all fronts — a truly distinguished legacy for generations to come.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Existing
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Laundry features: Electric Hook-up
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air,Wall Unit(s)
Property
Lot
- Lot size: 3,571 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,110 | $145,320 |
| Home Insurance * | $303 | $3,636 |
| Property Taxes | $898 | $10,776 |
| Electricity | $186 | $2,232 |
| Total | $13,497 | $161,964 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-26 | Listed for sale | $2,395,000 |
For Sale by Agent
View on Zillow