244 Washington Street, Monument, CO, 80132

Image Count: 44

$636,500

  • Highlights
  • Commercial
  • Mix Use
  • 244 Washington Street, Monument, CO, 80132 listed by Stephanie Lee MRP
  • Active
  • MLS#: 4139563
  • Tour #1
  • View on Map
Space maker

Property Description

Incredible income producing opportunity located in the heart of downtown Monument! This rare commercial property features two separate dwellings on one beautifully landscaped lot, offering built-in flexibility and multiple streams of potential income. The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a residence or a short-term rental conversion. Tucked behind the main home is a fully updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use. Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument’s most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value. ****** Take a look at the property video to get a real feel for the layout!********

Property Listed By

Picture of REALTOR Listing Property
  • Stephanie Lee MRP
  • 1420-664-917  Call the Agent 
Picture of Office Listing Property
  • Lee and Associates Real Estate, Inc.
  • 2306-369-917  Call the Agent 

Property Details

    Property Information

  • Offered For: Sale
  • Sale Price High: $636,500
  • County: El Paso
  • Land Usage: Mixed Use
  • Parking Spaces: 8
  • Tax: $9,728

    Building and Units

  • Construction Year: 1915
  • Building SqFt: 2,084
  • Sq Ft Source: Agent Measured
  • LP Sqft: 305
  •   Total Min Avail Max Contig Avail
    Acres: 0.18
    Unit 1: 1,444
    Unit 2: 640
  • Total Units: 2
  • Acres Available: 0.18
  • Bldg SqFt Available: 2,084

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                The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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                244 Washington Street, Monument, CO, 80132

                Image 1 of 44: Aerial View

                Aerial View

                Image 2 of 44: Aerial View

                Aerial View

                Image 3 of 44: Main building

                Main building

                Image 4 of 44: Yard

                Yard

                Image 5 of 44: Yard

                Yard

                Image 6 of 44: View

                View

                Image 7 of 44: Main building

                Main building

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                Main building

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                Main building

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                Main building

                Image 11 of 44: Main building

                Main building

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                Main building

                Image 13 of 44: Office

                Office

                Image 14 of 44: Office

                Office

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                Office

                Image 16 of 44: Office

                Office

                Image 17 of 44: Flex space- Can be used as a small office

                Flex space- Can be used as a small office

                Image 18 of 44: Main building- full bath

                Main building- full bath

                Image 19 of 44: Back of Structure

                Back of Structure

                Image 20 of 44: Back building

                Back building

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                Back building

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                Back building

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                Back building

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                Back building

                Image 25 of 44: Back building loft- a queen bed can fit in here!

                Back building loft- a queen bed can fit in here!

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                Back building

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                Back building

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                Back building

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                Back building

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                Back building

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                Back building

                Image 32 of 44: Back building

                Back building

                Image 33 of 44: Playhouse

                Playhouse

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                Play house

                Image 35 of 44: Aerial View

                Aerial View

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                Aerial View

                Image 37 of 44: Aerial View

                Aerial View

                Image 38 of 44: Aerial View

                Aerial View

                Image 39 of 44: Directly across the street!

                Directly across the street!

                Image 40 of 44: Community

                Community

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                Community

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                Community

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                Community

                Image 44 of 44: Monument Lake

                Monument Lake

                Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.