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Downtown Mixed-Use Condo
New
For Sale
$80,000

118 S 5th Street, Canon City, CO 81212

The 2024 interior update includes new flooring, a remodeled half bath, and electric heating and cooling.

Property Size400 SF
Price / SF$200
Days on Market1

Property Features for 118 S 5th Street

General Information

Standard status Active
Size 400 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Amenities

0.001
City/Town Road,Paved

Building Details

Year Built 1903
Tenancy Single
Listing Agency: REMAX PROPERTIES
Listed By: Mark Jones · License #FA40025962
Source: Markjoneshomes
Added: Oct 29 Last Checked: Oct 29 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX PROPERTIES

Rey
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Investment Insights

Based on property information with market context.

This 400-square-foot commercial condominium accommodates retail or office use. Improvements completed in 2024 include fresh paint, luxury vinyl flooring, a renovated half bath, and an electric split system providing heat and air conditioning. The building dates to 1903, and the unit currently has a retail tenant under a month-to-month lease.

The property is on S. 5th Street in downtown Canon City, between Highway 50 and Main Street. Barnes Plaza HOA services include water, sewer, trash, exterior and common-area insurance, and maintenance.

Key Highlights

  • 400‑square‑foot commercial condominium
  • Retail or office use
  • 2024 improvements include luxury vinyl flooring, fresh paint, a remodeled half bath, and an electric split system

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Home Appliance Store Big Box & Wholesale Store

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

Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

938
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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The 2024 interior update includes new flooring, a remodeled half bath, and electric heating and cooling.
Where is this mixed-use property located?
The property is located at 118 S 5th Street Canon City, CO.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 400‑square‑foot commercial condominium; Retail or office use; 2024 improvements include luxury vinyl flooring, fresh paint, a remodeled half bath, and an electric split system
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