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Historic Three-Unit Mixed-Use Building
New
For Sale
$475,000

212 S 5th Street, Canon City, CO 81212

Commercial, Canon City, CO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market4

Property Features for 212 S 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4511

Building Details

Year built 1890
Listing Agency: Homesmart Preferred Realty
Listed By: Emily Flowers
Added: Sep 23 Last Checked: Sep 26 at 1:06AM
MLS# 7341940

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this three-unit mixed-use property combines residential, studio, and shop/garage configurations within a historic building. Unit A has operated as a vacation rental and previously accommodated a long-term tenant, with 13-foot ceilings, a large kitchen, walk-in shower, washer and dryer, front deck, ramp access, and no interior steps. Unit B includes three rooms, high ceilings, concrete floors, a full bath, kitchenette, and climate control through a new AC/furnace system. Unit C provides a shop/garage with a new 10-foot industrial roll-up door.

The property occupies 0.23 acres at 212 S 5th Street in Canon City, next to the Royal Gorge Train and a short walk from the intersection of historic Main Street. Improvements include new electrical service, gutters on three sides, solar panels, an updated metal roof with snow-melt protection, a fenced yard, concrete driveway, and a 12 x 25 carport. Additional storage is available in the basement and an exterior yard annex.

Key Highlights

  • Three‑unit mixed‑use building constructed in 1890
  • Unit A features 13‑foot ceilings, a large kitchen, walk‑in shower, W/D, and front deck
  • Unit B offers three rooms, concrete flooring, kitchenette, full bath, and new AC/furnace system

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Auto Parts Store Electrical Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby

Demographics for 81212, CO

31,643
Population
12,918
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
672.0 sq mi
ZIP Area
47
Density / Sq Mi
$63,545
Median Household Income
$38,670
Median Earnings
$1,063
Median Rent
$286,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic property combines a vacation rental, climate-controlled studio, and shop/garage with updated systems and outdoor storage.
Where is this mixed-use property located?
The property is located at 212 S 5th Street Canon City, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑unit mixed‑use building constructed in 1890; Unit A features 13‑foot ceilings, a large kitchen, walk‑in shower, W/D, and front deck; Unit B offers three rooms, concrete flooring, kitchenette, full bath, and new AC/furnace system
More about this property
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