Building Details

Building Size 1,440 SF

Year Built 1957

Year Renovated 2021

Buildings 1

Tenancy Multi

Listing Agency: Main Street Brokers t***@msn.com Show Phone

Listed By: Tricia Flake · License #40031240 Show Phone

Source: Coloradopartners

Added: Jul 29 Changed: Jul 30 Last Checked: Jul 30 at 4:26PM

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Investment Insights

Based on property information with market context.

Duplex building in Palmer Lake with convenience-commercial (CC) zoning that allows a combination of residential and commercial uses. The property currently has a conditional-use permit for multi-family as a duplex, offering a 3 bed, 1 bath unit and a 2 bed, 1 bath unit, with each unit having its own laundry. Public parking lots are located to the rear.

The building was completely renovated in 2021 with new bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances. Improvements also include Pella windows, custom steel doors, and a metal roof. Built in 1957, the property sits on Highway 105 (old Main Street) for access and visibility to both vehicles and foot traffic.

The building backs directly to the Palmer Lake Recreation Area, supporting an outdoor-focused lifestyle with trails and local community events, including the Palmer Lake Wine Festival, 4th of July Fireworks, and the Palmer Lake Outdoor Classic.

Key Highlights

• Convenience‑commercial (CC) zoning with a conditional‑use permit for duplex‑style multi‑family
• 3 bed, 1 bath unit plus 2 bed, 1 bath unit; each has its own laundry
• Completely renovated in 2021: bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Big Box & Wholesale Store Catering Service Building Supply Tanning Salon

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

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

191

Businesses Nearby

Explore this area Business Placement

Demographics for 80133, CO

2,520

Population

1,065

Households

2.4

Avg Household Size

44

Median Age

44%

College-Educated

97%

High-School Grad

3.0 sq mi

ZIP Area

840

Density / Sq Mi

$122,941

Median Household Income

$50,429

Median Earnings

$1,913

Median Rent

$452,500

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two rental units each include in-unit laundry, and the building was fully renovated in 2021.

Where is this duplex located?

The property is located at 11 Highway 105 Palmer Lake, CO.

What is the asking price?

The asking price for this property is $639,900.

What are key features of this property?

This property features: Convenience‑commercial (CC) zoning with a conditional‑use permit for duplex‑style multi‑family; 3 bed, 1 bath unit plus 2 bed, 1 bath unit; each has its own laundry; Completely renovated in 2021: bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances