Rare opportunity to purchase a slice of land in the pretty Town of Palmer Lake. Exceptional views of mountains, rock formations, bluffs and lake. Walk to lake, elementary school, several hiking/biking trails and local restaurants/businesses. CC (Convenience Commercial) zoning allows for either residential or business or both in a mixed use zone. Possibilities might include a tiny house or a small single family home. Business opportunities may include a sporting goods rental shop with close proximity to popular Palmer Lake and the Santa Fe/Greenland Trail system offering good visibility from busy Highway 105. Picture a rental "hut" with mountain bikes, fishing equipment, kayaks, canoes and stand up paddle boards available for rent. Or maybe a carry out lunch or "picnic baskets to go"? A drive thru coffee shop? Think outside the box! Owner carry terms available. A variance from the Town of Palmer Lake will be required due to small lot size and setbacks requirements. All city utilities nearby. Sewer and water are available but no tap fees have been paid. Enjoy the holiday star on the mountainside and the fireworks at the annual 4th of July festival!