Colorado Springs · Commercial sale

WIE3 Building Ventures buys 1435 Paonia St in Colorado Springs for $1.55 million

An office building at 1435 Paonia St, Colorado Springs sold for $1,550,000 on October 20, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 1435 Paonia St, Colorado Springs with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: El Paso County Assessor. The photo can predate the sale.
Sale price
$1,550,000
Sold
October 20, 2026
Property type
Office building
Lot size
48,352 sq ft
Year built
1980

The office building at 1435 Paonia St in Colorado Springs sold for $1,550,000 on October 20, 2026. El Paso County Assessor's sales records show the price was 3.5 times its recorded market value.

The Assessor's records list WIE3 Building Ventures LLC as the buyer.

The Assessor's records show a build year of 1980 and a 1.11-acre lot. They list the market value as $445,675.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in El Paso County?

By our estimate, the seller's two largest charges, not counting prorations, were $4,325 for the owner's title insurance policy and $350 for the settlement / closing fee. Who pays what follows El Paso County custom.

How much did the seller net?

By our estimate, the seller netted about $1,539,054. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,544,324 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1435 Paonia St, Colorado Springs, CO.

Source: El Paso County Assessor, weekly parcel data file, document 5407206002-20261020. Property details: El Paso County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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