Skip to main contentSkip to navigation
1 / 11

Commercial Land for Sale in Colorado Springs, Colorado

703 E Costilla St, Colorado Springs, CO 80903

$399,000
0.22 acres
Active sale
Est $2,953/mo

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!

Location

Street address
703 E Costilla St
Community
Hillside
School district
Colorado Springs 11
Elevation
5,993 feet
Coordinates
38.8276, -104.813

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

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

CategoryTypeStatus
PowerGridAvailable
GasNatural GasAvailable
SewageSewerAvailable
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Apr 9, 2026New listing$399,000PPAR
Subscribe to listing updates

Payment calculator

This 0.22-acre property is located at 703 E Costilla St in Colorado Springs, CO 80903. The property is available for sale for $399,000.

Checked 2 hours agoUpdated

Report listing issue
REcolorado

Based on information submitted to the MLS GRID as of May 23, 2026 11:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

Contact agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact