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!
Sold for $605,800 on 05/08/25
$605,800
11 Highway 105, Palmer Lake, CO 80133
4beds
2baths
1,440sqft
Duplex
Built in 1957
-- sqft lot
$603,900 Zestimate®
$421/sqft
$2,304 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 09, 2025 at 01:18am
Listed by:
Tricia Flake 719-459-8305,
Main Street Brokers
Bought with:
Non Member
Non Member
Source: Pikes Peak MLS,MLS#: 4338789

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: Electric Hook-up
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 6,263 sqft
Details
- Parcel number: 7105301009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Alum/Vinyl/Steel
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1957
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Palmer Lake
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$603,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$603,900