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3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907
3920 Nevada Ave, Colorado Springs, CO 80907

3920 Nevada Ave Colorado Springs, CO 80907

$2,880,000

ACTIVE
Beds
Baths
Sqft
0
Acres
0.83
Year
1968
Days on Site
102
Property Type
Commercial
Sub Type
Hotel/Motel
Per Square Foot
$2,880,000
Date Listed
Mar 17, 2026

Description of 3920 Nevada Ave, Colorado Springs, CO 80907

Listing details for 3920 Nevada Ave, Colorado Springs, CO 80907 : Excellent investment opportunity in a prime Colorado Springs location! This 32-unit motel offers over 13,000+ square feet and is ideally situated near University of Colorado Colorado Springs (UCCS), Downtown Colorado Springs, Garden of the Gods, and major employment hubs including nearby Air Force installations. Surrounded by strong retail and amenities such as Costco, Lowe's, and a wide variety of restaurants, this property benefits from high visibility and consistent demand. The existing motel layout presents a rare value-add opportunity for investors or developers. With its size and configuration, the property offers strong potential for redevelopment or conversion into multi-family units, extended stay housing, or other income-producing uses (buyer to verify zoning and intended use). High-demand location. Scalable upside. Strong long-term hold or reposition play.
Listing Updated : 06-16-2026 at 11:43 PM MDT
Listing Provided By

Kyong Chu CMOE CNE GRI MCNE MRP , 719-650-9877, KC Realty

Source

Pikes Peak MLS (PPMLS), MLS#: 4288467

For more information on this listing contact us at 719-357-7366
Comments

Property History

DateEventPrice
3/17/2026
Listed for sale
$2,880,000 -23.2%
Source:Pikes Peak MLS (PPMLS) #4288467
1/13/2025
Listing removed
$3,750,000 0%
Source:Pikes Peak MLS (PPMLS) #1231465
9/20/2024
Listed for sale
$3,750,000
Source:Pikes Peak MLS (PPMLS) #1231465
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For more information on this listing contact us at 719-357-7366
Comments
The real estate listing information and related content displayed on this site is 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 or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
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For more information on this listing contact us at 719-357-7366