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Cascade Station

$3,000,000

620 S. Cascade Ave, Colorado Springs, CO 80903

Active
Last Updated: 12/17/2025

14,078 sqft

Building Size

0.41 acres

Lot Area

Details:
Building Size:    14,078 sqft
Lot Area:    0.41 acres
Occupancy:    60%
Class:    B
Units:    12
Year Built:    1984
Floors:    4
Parking Spots:    25
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.

Electric: 600 Amperes, 120/240 volt, 3 phase, 4 wire

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