Building Details

Year Built 1891

Listing Agency: HomeSmart Show Phone

Listed By: Michelle Williams · License #100035597 Show Phone

Source: Exitrealty

Added: Jul 19, 2025 Changed: Oct 3 Last Checked: Oct 2 at 7:11PM

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Investment Insights

Based on property information with market context.

This historic building presents a multi-use, income-producing opportunity. The property includes a large space suitable for various business ventures. Upstairs, there are two remodeled apartments: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. These apartments can be used in a live/work arrangement or rented out for monthly income. To the west of the bar area, there are three office spaces with a separate entrance, which can also be leased. The building is currently operated as a bar, but it offers potential for various business uses. Located in the center of town, this property is situated in a growing area. The building features a newer roof, newer paint, some newer windows, upgraded electrical systems, and newer water heaters, along with other upgrades throughout. The seller is offering the building for sale and will consider a lease purchase for one year.

Key Highlights

• Income‑producing property with multiple rental opportunities: two apartments and three office spaces.
• Multi‑use commercial building suitable for various business ventures.
• Prime location in the center of a growing Elbert County.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Parts Store Storage Facility Bakery 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.

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

Explore this area Business Placement

Demographics for 80117, CO

2,751

Population

954

Households

2.9

Avg Household Size

44

Median Age

24%

College-Educated

96%

High-School Grad

188.0 sq mi

ZIP Area

15

Density / Sq Mi

$104,342

Median Household Income

$53,879

Median Earnings

$1,292

Median Rent

$623,600

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties 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?

Mixed-use property - Multi-use, income-producing property with business space and apartments.

Where is this mixed-use property located?

The property is located at 216-222 Comanche Street Kiowa, CO.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Income‑producing property with multiple rental opportunities: two apartments and three office spaces.; Multi‑use commercial building suitable for various business ventures.; Prime location in the center of a growing Elbert County.