11 Highway 105, Palmer Lake, CO, 80133

Welcome

Two units!

Both units are completely remodeled!

Quality craftsmanship!

Can be sold furnished!

Bedroom #1

Bedroom #2

Bedroom #3

Each unit has laundry!

Bathroom

Entry

Kitchen

Bathroom

Bedroom

Yard

Front of Structure

Aerial View

Palmer Lake in your back yard!

Front of Structure

Image Count: 19

$639,900

Highlights
Income
Duplex
11 Highway 105, Palmer Lake, CO, 80133 listed by Tricia Flake
Under Contract - Showing
MLS#: 4338789
Tour #3
View on Map

Space maker

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!

Property Listed By

Tricia Flake
5038-954-917
230009106

Main Street Brokers
0184-184-917
00001986

Property Details

General Features

Property Type: Duplex
Year Built: 1957
County: El Paso
School District: Lewis-Palmer-38
List Price: $639,900

Unit Information

Beds	Baths	Parking	Rent	SqFt
3	1		$2,500	880
1	1		$1,475	560

Total Units: 2
Total Rent: $3,975

Structure

Foundation: Slab
Structure: Frame
Construction Status: Existing
Siding: Alum/Vinyl/Steel
Window Type: Vinyl

Features

Heating: Forced Air, Natural Gas
Cooling: Ceiling Fan
Laundry: Electric Hook-up
Appliances: Dishwasher, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Taxes, Utilities, Lot

Tax: $2,313
Lot Size: 0.14 Acres, 6,263 SqFt
Appliances: Dishwasher, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer
Inclusions: RV Parking
Laundry: Electric Hook-up
Heating: Forced Air, Natural Gas
Cooling: Ceiling Fan
Existing Water: Municipal
Existing Utilities: Electricity Available, Natural Gas Available

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