Palmer Lake, CO 80133,11 Highway 105
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Palmer Lake, CO 80133,11 Highway 105
Palmer Lake, CO 80133,11 Highway 105
Palmer Lake, CO 80133,11 Highway 105
Palmer Lake, CO 80133,11 Highway 105

$605,800

Est. payment /mo

$639,900

5.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11 Highway 105 Palmer Lake, CO 80133

4 Beds

2 Baths

1,440 SqFt

SOLD DATE : 05/08/2025

Key Details

Sold Price $605,800

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 1,440 sqft

Subdivision Palmer Lake

MLS Listing ID 7647613

Sold Date 05/08/25

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 1,440

Year Built 1957

Annual Tax Amount $2,313

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Income Property

Source REcolorado

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

Direction From I-25 N, Take exit 161 for CO-105 toward Monument/Palmer Lake. Use the left 2 lanes to turn left onto CO-105 W. Turn right at the 2nd cross street to stay on CO-105 W. Located on right, across the street from the Rock House Ice Cream Shop.

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Ceiling Fan(s)

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave

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

Level or Stories Two

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

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Tricia Flake • Main Street Brokers • trishflake@msn.com,719-481-4810
Bought with Micah I Shamash
agent

Rick Cavallaro

Real Estate Consultant & Broker | License ID: ER.040020925

+1(303) 641-1632

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