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11 Highway 105 Palmer Lake, CO 80133
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Key Details
Sold Price $605,800
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $420
Subdivision Palmer Lake
MLS Listing ID 7647613
Bedrooms 4
Year Built 1957
Annual Tax Amount $2,313
Tax Year 2023
Lot Size 6,263 Sqft
Property Sub-Type Duplex
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
Zoning CC
Interior
Heating Forced Air
Cooling None
Flooring Linoleum
Laundry In Unit
Exterior
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected
View Mountain(s)
Roof Type Metal
Building
Lot Description Open Space
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Palmer Lake
Middle Schools Lewis-Palmer
High Schools Palmer Ridge
School District Lewis-Palmer 38
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Micah I Shamash
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