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$639,900
Est. payment /mo
1,440 SqFt
UPDATED:
02/25/2025 04:41 PM
Key Details
Property Type Commercial
Sub Type Mix Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $444
MLS Listing ID 7232905
HOA Y/N No
Year Built 1957
Annual Tax Amount $2,313
Property Sub-Type Mix Use
Property Description
Located in the heart of beautiful Palmer Lake, this stand-alone building is zoned convenience-commercial (CC) which permits a multitude of uses including a combination of residential and commercial. Current conditional-use permit for multi-family as a duplex! This building is turn-key for your rental investment needs with a 3 bed, 1 bath unit and a 2 bed, 1 bath unit, each with their own laundry! Whether long or short-term rentals are your goal, or if you choose to live in one unit and rent the other, this location cannot be beat! Public parking lots to the rear. Building was completely renovated with quality finishes in 2021 including: new bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances! Pella windows, custom steel doors and a metal roof! Located in the middle of all things local including restaurants, shops, coffee and ice cream! Property backs directly to the Palmer Lake Recreation Area, home to huge, small-town events that draw 1,000s of visitors year-round like the Palmer Lake Wine Festival, the 4th of July Fireworks and the Palmer Lake Outdoor Classic! Ideal short-term rental location with unlimited outdoor recreation and miles and miles of trails immediately outside the door including fishing, hiking, biking, disc golf, pickleball and more! Breathtaking views of the surrounding mountains and the Palmer Lake Star! Entrepreneur? This property is located right on Highway 105 (old Main Street) with ideal frontage for both vehicles and foot traffic, near popular wedding venues and just 1 exit from the USAFA! Rent one side and open your dream boutique, salon or office in the other! Invest in Palmer Lake now…this small mountain town is evolving into a destination location with unlimited outdoor recreation and access to the National Forest! Walk to local restaurants, shops, coffee and ice cream! Relocate your business to this thriving little community!
Location
State CO
County El Paso
Area Palmer Lake
Exterior
Garage Spaces 4.0
Others
Special Listing Condition Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/ppar/7232905
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Listed by Main Street Brokers
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Rabecca Ranaldi
Broker Associate | License ID: FA 100080855
Broker Associate License ID: FA 100080855
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