
Commercial Land for Sale in Colorado Springs, Colorado
703 E Costilla St, Colorado Springs, CO 80903
Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid.As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations.Investment opportunities like this rarely make it to the open market. Make this one yours today!
- Listed by Daniel Jones, (719) 550-1515, Better Homes & Gardens Real Estate - Kenney & Co.
Location
- Street address
- 703 E Costilla St
- County
- El Paso County
- Community
- Hillside
- School district
- Colorado Springs 11
- Elevation
- 5,993 feet
Directions
From downtown travel east on Costilla to the corner of East Costilla Street and South El Paso Street.
Property details
- Lot size
- 0.22 acres9,583 sq ft
- Zoning
- C-6
- MLS #
- REcolorado 3995094
- Posted
Property taxes
- 2024
- $3,155
Parcels
- 64173-12-013
Legal description
LOT 1 BLK 3 HILLSIDE ADD COLO SPGS
Details and features
Listing
- Type
- Land
- Subtype
- Improved Land
- Terms
- Cash, Conventional
- Possession
- Negotiable
Lot
- View
- City, Mountain(s)
- Features
- Level, Mountainous, Near Public Transit
Structure
- Water
- Public
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
| Gas | Natural Gas | Available |
| Sewage | Sewer | Available |
| Water | Public | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 9, 2026 | New listing | $399,000 | — | PPAR |










