Cascade Station
620 S. Cascade Ave
Colorado Springs, CO 80903
Highlights
- Fantastic Owner-User or Adaptive Reuse Opportunity | Seller Financing Available
- Modern and Architecturally Significant, Designed by John P. Nelson
- Fenced Parking Lot with 25 Spaces + Abundant Street Parking - Rare for Downtown
- Surrounded by New Mixed-Use, Residential, and Entertainment Developments
- Priced at Less than 50% of Replacement Cost - High Quality Construction
Description
SVN is pleased to present Cascade Station, a unique office property with real flexibility for owner-users or investors seeking an adaptive reuse project. The property has historically been full, but 2 of the best suites in the building just came available - perfect for a user who can benefit from the income from the existing tenants. Designed by John P. Nelson in the 1980s to resemble a 19th-century train depot, the building stands out with its historic character, featuring reclaimed sections from the old Manitou Springs train depot. Seller financing is available to a qualified buyer.
Cascade Station sits in the heart of downtown Colorado Springs. The preferred Cascade Avenue address offers easy access to I-25, major city thoroughfares, and a growing base of amenities. Just 1 block from Weidner Field Stadium and 4 blocks from the El Paso County Courthouse, the property has easy access to the rapidly expanding downtown district and is surrounded by a mix of restaurants, retail, and numerous new multi-family developments. Cascade Station is just minutes from the city’s vibrant core, Colorado College, and local parks. With strong drive-by traffic and a walkable location, this address offers both convenience and high exposure for businesses and tenants alike.
Cascade Station is within the Pikes Peak Enterprise Zone, making for-profit businesses operating here eligible for Colorado state income tax credits. These incentives apply to a range of activities, including equipment purchases, employee hiring and training, research and development, and more.
