11 Highway 105 Pending

Palmer Lake,CO 80133

$ 639900

4 Beds

2 Baths

1440 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Pending

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $444

Subdivision Palmer Lake

MLS Listing ID 7647613

Bedrooms 4

Year Built 1957

Annual Tax Amount $2,313

Lot Size 6,098 Sqft

Property Sub-Type Income Property

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 Out Of Area

Zoning CC

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Exterior

Garage Spaces 4.0

Fence Partial

Utilities Available Electricity Available

View Mountain(s)

Roof Type Metal

Building

Lot Description Abuts Public Open Space

Story 2

Sewer City Sewer,Public Sewer

Water City Water

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Palmer Lake

Middle Schools Lewis-Palmer

High Schools Palmer Ridge

School District Lewis-Palmer 38

Others

Special Listing Condition Private Owner

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