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    708 Royal Gorge Blvd Canon City, CO 81212

    For Sale
    $650,000

    COMMERCIAL - Canon City, CO

    Type:Apartment
    Lot size:
    0.22 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 708 Royal Gorge Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    APN
    99104477
    Lot size
    0.22 Acres

    Building Details

    Year built
    1946

    FRONTIER WEST REALTY (719) 275-7404 [email protected]

    Listing agent Lance Tomar (719) 429-6276

    Listing date Nov 21, 2025

    Copyright © 2025 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.

    Overview

    Mixed-Use Building on Highway 50

    This multi-use commercial and apartment building is located on State Highway 50. The main level features 4,520 square feet of commercial rental space. The second level houses five residential apartments, including one large two-bedroom, one-bath unit and four one-bedroom, one-bath units. A 14-space paved parking lot is included, along with a one-car garage bay and alley access. An outside entrance staircase leads to the upstairs apartments and a central laundry area. The property is zoned for Canon City General Commercial use, allowing for a wide array of uses. The property has a solid rental history. The lot size is 0.22 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canon City
    County
    Fremont
    State
    Colorado
    Longitude
    -105.236933
    Latitude
    38.440913

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial space and apartments on a high-traffic thoroughfare.
    Where is this mixed-use property located?
    The property is located at 708 Royal Gorge Blvd Canon City, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Highway frontage location ideal for commercial use.; - Multi-use building with both commercial and residential rental income potential.; - Five residential apartments (one 2-bedroom, four 1-bedroom) provide diverse rental options.
    (719) 429-6276
    Request Owner's contact information
    708 Royal Gorge Blvd Canon City, CO 81212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    708 Royal Gorge Blvd Canon City, CO 81212
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