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Remodeled Downtown Retail Condo
New
For Sale
$80,000

118 S 5th Street, Canon City, CO 81212

Commercial, Canon City, CO

Property Size400 SF
Lot Size0.00 Acres
Price / SF$200
Days on Market3

Property Features for 118 S 5th Street

General Information

Property type Commercial Sale
Property subtype Retail
Standard status Active
Lot size 0.00 Acres

Building Details

Year built 1903
Listing Agency: Homesmart Preferred Realty
Listed By: Jenny Panici · License #FA100068321
Added: Sep 10 Last Checked: Sep 12 at 12:06AM
MLS# 8649019

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.

This 400-square-foot retail condominium at 118 S 5th Street offers a compact commercial setting suitable for retail or office use. The unit was remodeled in 2024 with fresh paint, luxury vinyl flooring, and an updated half bathroom. A new electric split system provides heating and cooling, while a commercial roof was installed in June 2026. The property was built in 1903.

The unit is positioned along S. 5th Street between Highway 50 and Main Street in downtown Canon City. Barnes Plaza HOA services include water and sewer, trash collection, exterior and common-area insurance, and exterior and common-area maintenance. A retail tenant currently occupies the space under a month-to-month lease.

Key Highlights

  • 400‑square‑foot retail condominium
  • Remodeled in 2024 with fresh paint and luxury vinyl flooring
  • Updated half bathroom and electric split heating and cooling system

Property Analytics

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Current Use

Retail space

Suggested Use

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

1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

939
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail and office space with updated finishes, climate control, and a month-to-month retail tenancy.
Where is this retail space 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 retail condominium; Remodeled in 2024 with fresh paint and luxury vinyl flooring; Updated half bathroom and electric split heating and cooling system
More about this property
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