11 Primrose Street

Palmer Lake, CO
$ 1,275,000 Beds 0 Baths 0 Sq 5,500
Monthly Estimate* How much can I afford?

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!

Commercial

  • Price
  • $ 1,275,000
  • Lot Size
  • 9,583 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1995
  • Half Bathrooms
  • 0
  • City, Zip
  • Palmer Lake
  • Taxes
  • $ 9737
  • County
  • EL PASO
  • Style
  • Area
  • MLS#
  • 3242608
  • Zip
  • 80133
Listing Provided by: Main Street Brokers
Data Source: REColorado

Features

General

Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use Restaurant
Garage Spaces 0.0
Garage Y/N No
Levels Two
Parking Features Asphalt
Property SubType Retail
Property Type CommercialSale
Total Units 1
Zoning CC

Exterior Features

Building Area Total 5500.0
Covered Spaces 0.0
Lot Features Landscaped
Lot Size Acres 0.22
Lot Size Area 0.22
Lot Size Square Feet 9583.0
Lot Size Units Acres
Road Frontage Type PublicRoad
Road Surface Type Paved
Total Parking 18.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Greenwood Village, CO office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/23/2021 Listed $1,275,000

Property vs Zip Code Average in 80133

Price
AVG $1.28M
$1.28M
Taxes
AVG $9,737
$9,737
Visits
AVG 24
23
Year Built
AVG 1995
1995

Map

11 Primrose Street Palmer Lake, CO is a Single Family Home for sale at $1275000 with 5500 sqft and a lot size of 9,583 SqFt Acre(s). 11 Primrose Street Palmer Lake has 0 bedrooms, 0 baths and was built in 1995. The property's zip code is 80133 which is in Palmer Lake, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.