Payne & Company, LLC — Colorado Springs

We see value
where others see vacancy.

"We See Value Where Others See Vacancy."

A family-owned commercial real estate development company with 30+ years in the Colorado Springs market.

Get In Touch Available Properties
30+
Years In Market
7+
Properties Held
3
Operating Entities
100%
Family Owned
How We Work

Acquire. Restore.
Hold for the long term.

We don't flip. We find commercial properties that have been overlooked, underfunded, or left behind — and we bring them back. Every project is a long-term commitment to the asset and the community it sits in.

01
Acquisition

We identify aged commercial assets in the Colorado Springs market — vacant lots, distressed buildings, underutilized mixed-use — where others see a problem and we see potential.

Off-Market · Direct Negotiation · Value-Add
02
Restoration

From ground-up warehouse builds to full commercial rehabs, we invest the capital and the time to bring properties back to their best and highest use — without cutting corners.

Rehab · Ground-Up · Adaptive Reuse
03
Holdings

We hold what we build. Our portfolio is a long-term asset base managed in-house — leased, maintained, and operated by the same family that acquired and restored it.

Long-Term Hold · In-House Management
Now Leasing

Available properties.

Space we own and manage ourselves. You deal with the owner directly — no listing agent in between, and terms we can talk through the same day you call.

Front exterior of the retail building at 2105 Templeton Gap Road, Colorado Springs
Available Now

2105 Templeton Gap Road

Colorado Springs, Colorado

A freestanding retail building with its own parking, sitting on one of the busier east-side corridors in town. Open main floor with stained concrete and track lighting, a front room with arched windows, a private office, a back service area, and a restroom. Ready for a tenant to move in and finish to their own use.

Building
1,296 SF (per assessor)
Rent
$2,000 / month
Lease Type
NNN
Best Use
Retail, office, or service
Parking
Dedicated off-street
Availability
Immediate

Year one taxes and insurance included in the $2,000.

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"Forgotten properties don't need to stay that way.
They need the right owner."

Payne & Company has operated in the Colorado Springs market for over 30 years. We are a family business in the truest sense — patient capital, hands-on management, and a long-term view on every asset we touch. We don't answer to investors. We answer to the communities our properties sit in.

What We Acquire

We look for properties others overlook.

⬡
Aged Commercial

Buildings with good bones but years of deferred maintenance. We see the structure, not the surface — and we invest to bring it back.

⬡
Vacant & Distressed

Long-vacant storefronts, underutilized lots, and properties with title or structural complexity that most buyers walk away from.

⬡
Mixed-Use Opportunity

Properties with the potential for combined commercial and residential use — maximizing value while serving more of the community.

⬡
Off-Market Deals

We prefer direct conversations with owners over listed transactions. If you have a property you're looking to move, we'd like to talk.

Book a Meeting

Let's find time to talk.

Choose a time that works for you — available by phone, Google Meet, or in person at our Colorado Springs office.

Schedule a Meeting
Let's Talk

Have a property worth a second look?

Whether you're an owner ready to sell, a tenant looking for space, or a partner with a deal in mind — we'd like to hear from you.

Get In Touch