11 Highway 105, Palmer Lake, CO

$639,900

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4

Beds

2

Baths

1,440

Square feet

0.14

Acres

About 11 Highway 105

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!

Features of 11 Highway 105

MLS® # 7647613
Price $639,900
Sold Price $605,800
Sold Date 2025-05-08
Bedrooms 4
Bathrooms 2.00
Square Footage 1,440
Acres 0.14
Year Built 1957
Type Residential Income
Sub-Type Duplex
Status Closed

Community Information

Address 11 Highway 105
Subdivision Palmer Lake
City Palmer Lake
County El Paso
State CO
Zip Code 80133

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking Spaces 4
View Mountain(s)
Is Waterfront No
Has Pool No

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen
Appliances Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Heating Forced Air
Cooling None
Fireplace No
Stories Two

Exterior

Lot Description Open Space
Roof Metal

School Information

District Lewis-Palmer 38
Elementary Palmer Lake
Middle Lewis-Palmer
High Palmer Ridge

Additional Information

Date Listed February 24th, 2025
Zoning CC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMain Street Brokers
Contact

Listing Map

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