Highlights
• Excellent opportunity for owner-user or adaptive reuse • Secure, fenced parking lot with 25 spaces plus ample street parking (rare for downtown) • Offered at under 50% of replacement cost with high-quality construction • Modern, architecturally significant design by John P. Nelson • Prime location surrounded by new mixed-use, residential, and entertainment projects
Description
SVN is pleased to present Cascade Station, a distinctive office property offering flexibility for both owner-users and investors pursuing an adaptive reuse opportunity. Two of the building’s premier suites are becoming available, making it ideal for an owner-occupant who can also benefit from existing tenant income. Originally designed in the 1980s by John P. Nelson to evoke a 19th-century train depot, the property showcases historic charm, including reclaimed elements from the former Manitou Springs depot. Located in the heart of downtown Colorado Springs, Cascade Station boasts a prime Cascade Avenue address with direct access to I-25, major thoroughfares, and a growing amenity base. Just one block from Weidner Field Stadium and four blocks from the El Paso County Courthouse, the property is surrounded by restaurants, retail, and new multifamily developments, while being only minutes from Colorado College, local parks, and the city’s vibrant downtown core. The site benefits from strong traffic exposure and walkability, offering businesses and tenants both convenience and visibility. In addition, Cascade Station lies within the Pikes Peak Enterprise Zone, providing qualifying for-profit businesses with valuable Colorado state income tax credits on activities such as equipment purchases, employee hiring and training, and research and development.
Listing Details
- Tenancy
Multi
- Space Type
office
- Sub Category
executive
- Date Listed
9/3/2025
- Investment Type
Owner User
- Parking Info
25 Spaces (1.78 Spaces per 1,000 SF Leased)
- Typical Floor Size
3,520 SF
- Building FAR
0.79
Property Specifics
- Property Name
Cascade Station Building | 620 S Cascade Ave
- Property Class
B
- No of Buildings
1
- No of Stories
4
- Year Built
1984
- Building Size
14,078 SF
- Lot Size
0.41 AC
- APN
64183-25-022
- Zoning
OR, Colorado Springs - Commercial Office/Residential
- Occupancy
60%