Live/Work Space Downtown | Home, Office or Retail

605 S Nevada Ave, Colorado Springs, CO 80903, USA · Colorado Springs, Colorado 80903

Live/Work Space Downtown | Home, Office or Retail

About this home

Price$880,000
Bedrooms2
Bathrooms1
Square feet773
TypeMixed Use

Rare mixed-use opportunity in the heart of downtown Colorado Springs , offering flexibility as a residence, office, or storefront. Currently operating as a day spa for skincare treatments, this property is perfectly suited for a variety of uses—whether you’re looking to live, work, or run a business in a high-visibility location. Positioned in a prime, high-traffic area surrounded by new high-rise development, retail, dining, and professional spaces, this property offers strong exposure and accessibility. The space features unique, artistic touches and a layout that can easily adapt to residential living, a professional office, boutique retail, or a service-based business. Ideal for entrepreneurs, creatives, or anyone looking for a flexible live/work setup in a thriving downtown environment.

Near Peterson SFB

Nearest basePeterson SFB · Colorado Springs, CO
Distance6.8 mi to Peterson SFB
Est. payment$5,397/month
Against BAHEst. payment $3,039 over your BAH — E-5, with dependents (BAH $2,358/month) (2026 tables)

BAH rates from the official 2026 tables (U.S. Department of Defense, DTMO), retrieved November 4, 2026 and checked before they were published here.

How we estimate payments

Every estimate on this door assumes 10% down and a 30-year fixed-rate loan at 7.24% — the national average rate for a 30-year fixed loan as of October 29, 2026. An estimate covers principal and interest only. Taxes, insurance, and HOA dues are not in it — they vary by home and county, and your lender will figure them into the real payment. Buying with a VA loan? Your down payment may be $0, so your payment will differ from the estimate. Use these figures to compare homes against your BAH — never as a quote, and never as a promise of what a lender will offer.

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