1001 S Royer Street

Colorado Springs, CO, 80903

$1,850,000

$1,850,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1980
Recreational Sales is on the November 2022 Ballot THIS IS THE TIME TO TAKE A SERIOUS LOOK AT WHAT THE NEXT GENERATION OF THIS INDUSTRY LOOKS LIKE AND IF YOU ARE GOING TO BE A PART OF IT, SO MANY FAILED AND PAVED THE WAY FOR YOU ITS YOUR TIME! The City of Colorado Springs no longer allows a building to have multi-Licensees allowing for a grow and a store combined for a passionate husband and wife team or a Savey entrepreneur this is a sweet downtown property. This building is being sold with the business and cannot be separated. The building itself is valued at $995k in our current market the business offers a full build-out all ready for YOU at a very fair price, Store Front, Grow Rooms, and Licenses for both grow and the store will be conveyed for the approved entity. The building in 2013 The building went through a remodel adding a storefront, waiting room & admin office & ADA Compliant Restroom on the west-facing side. The store is approx. 1000 sq. ft. There is a 10-space fenced parking lot paved driveway. There was a split rail fence installed with power running along the fence for additional lighting or signage. The store itself has a stylish modern industrial look and has been over-insulated and reinforced for theft prevention. From the sales counter the Pikes Peak View is ideal for reminding the customer of how really amazing it is to purchase legal product. A side-by-side cold display fridge A Grow viewing window for customers has also been a great marketing draw for people that have never seen a Grow in action and are able to walk up and see the licensed staff grow the product. The Grow itself offers a x100 LIGHT GROW Currently using (HPS) & (Metal Halide) W/ 8'-inch XXXL Hoods Vented. There are x2 400 AMP Panels and a single x200 panel for power currently and room to upgrade if needed. There were 4 large RTU A/C systems installed in 2013 and not used until 2018 plus a newer 5-ton Unit installed 2020. Check "Investment Highlights" for more details.
MLS® ID:
8282425
Listed:
9/15/22
Updated:
9/29/22

Exterior/Building Features

Lot Size
9,147 ft² lot

Other Property Details

Taxes
$8238.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
El Paso
Pool
No
Total Stories
1

Listed by JP SRES, Berkshire Hathaway HomeServices Rocky Mountain

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