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    11 Primrose Street

    Palmer Lake, CO 80133
    • $1,275,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 7875964
    UPDATED: 38 min ago
    $1,275,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,824
      SQFT
    • $219
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:
    Area:

    School Ratings & Info

    Listing provided courtesy of 00001986-Main Street Brokers.

    Description

    Multi-use building zoned "commercial-convenience," a Palmer Lake zoning, with numerous permitted and/or conditional uses including residential & commercial combined. Space currently houses several small businesses including a restaurant, a bar, a coffee shop, and a hair salon. Property also includes income from a 25-year lease with Verizon for a cellular tower on the building rooftop. Excellent frontage on (State) Highway 105, located across from Palmer Lake and the Palmer Lake Recreation Area frequented by visitors for boating, paddle-boarding, fishing and local events that draw 1000's of visitors like the Palmer Lake Wine Festival, the 4th of July Fireworks celebration, youth sports, WinterFest, and so many other events year-round. Palmer Lake is a small mountain town that draws people from the surrounding Denver and Colorado Springs metro areas for day-trips. It is rapidly becoming a destination location where a day of hiking or biking on the miles of trails is always started or topped off with a visit to one of the 1st rate restaurants or coffee shops in Town! Building is 100% occupied with gross rent leases and has been impeccably maintained! The building is nestled between Ben Lomand and Sundance Mountains so patrons can enjoy the stunning lake and mountain views from the large deck! Seller is in the process of making a drive-thru window for the coffee shop!

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    Action Team Realty- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-05-14T12:41:04.383.
    www.actionteamcolorado.com/homes/116306182
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    11 Primrose Street Palmer Lake, CO 80133

    • Price: $1,275,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 7875964
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    5,824
    SQFT
    $219
    $/SQFT
    1995
    Built
    Neighborhood:
    Palmer Lake
    County:
    El Paso
    Area:
    Palmer Lake
    Property Description
    Multi-use building zoned "commercial-convenience," a Palmer Lake zoning, with numerous permitted and/or conditional uses including residential & commercial combined. Space currently houses several small businesses including a restaurant, a bar, a coffee shop, and a hair salon. Property also includes income from a 25-year lease with Verizon for a cellular tower on the building rooftop. Excellent frontage on (State) Highway 105, located across from Palmer Lake and the Palmer Lake Recreation Area frequented by visitors for boating, paddle-boarding, fishing and local events that draw 1000's of visitors like the Palmer Lake Wine Festival, the 4th of July Fireworks celebration, youth sports, WinterFest, and so many other events year-round. Palmer Lake is a small mountain town that draws people from the surrounding Denver and Colorado Springs metro areas for day-trips. It is rapidly becoming a destination location where a day of hiking or biking on the miles of trails is always started or topped off with a visit to one of the 1st rate restaurants or coffee shops in Town! Building is 100% occupied with gross rent leases and has been impeccably maintained! The building is nestled between Ben Lomand and Sundance Mountains so patrons can enjoy the stunning lake and mountain views from the large deck! Seller is in the process of making a drive-thru window for the coffee shop!
    Interior Features

    Unit Count 0

    Property Features

    Commercial Sub Type Mixed UseRestaurantRetail-Pad Commercial Use Type Investment Notices Not Applicable Offered For Sale Property Sub Type Retail Property Type Commercial Sales Price High 1275000 Tax Amount 10008.00



    Action Team Realty- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-05-14T12:41:04.383.
     
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    Action Team Realty
    6265 Lehman Drive, Ste 100
    Colorado Springs CO, 80918
    Listing provided courtesy of 00001986-Main Street Brokers.