$372,500
$395,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 08/03/2023
Key Details
Sold Price $372,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6425522
Sold Date 08/03/23
Style Studio, Traditional
HOA Y/N No
Originating Board recolorado
Year Built 1959
Annual Tax Amount $1,252
Tax Year 2022
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Tons of opportunity and potential in this charming shop in the heart of historic Palmer Lake! For many years the the building was used as a salon and is now vacant and ready for a new business. A lovely covered front porch greets your patrons and fits in with the turn of the century architecture and ambiance of this quaint town. Parking immediately in the front and a driveway on the side of the building plus a large public parking area adjoins the back of the lot for additional parking. Large picture windows bring in tons of natural light and views of the town and foothills. Powder room and laundry room are located at the back of the building. The covered back deck opens to a spacious treed yard. Walk to restaurants or over the new pedestrian bridge to the lake for outdoor activities. Palmer Lake CC zoning allows a mix of both residential and business use. The unique zoning could allow for an array of businesses including service establishments, retail, offices, art/dance studio, day care, restaurants, and mixed residential & commercial. Pop the top to add an apartment above with an amazing view, add onto the existing building if more space is desired or build another structure on the back of the lot. The possibilities are endless! The Town hosts well-attended festivals and events year-round like the Wine Fest and Fourth of July Festivals in the summer and the Yule Log and Star Lighting Ceremony in the winter. Bring your entrepreneurial dreams!
Location
State CO
County El Paso
Zoning CC
Interior
Fireplace N
Exterior
Parking Features Asphalt, Driveway-Dirt, Driveway-Gravel
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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