Downtown Monument Income-Producing Commercial
244 Washington Street Monument, CO 80132
244 Washington Street, Monument, CO, 80132
$636,500
Pending
For Sale
$636,500
Pending
Commercial property with two dwellings, offering flexibility and income potential.
Days on Market402
Property Features for 244 Washington Street
General Information
- Standard status
- Pending
- Property subtype
- Commercial
Building Details
- Year Built
- 1915
Listing Agency
LEE AND ASSOCIATES REAL ESTATE, INC.
(719) 963-6032
Listed by
STEPHANIE LEE MRP
Source
Corcoran
Added: Jun 13, 2025 Checked: Jul 19 at 3:29 am
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 LEE AND ASSOCIATES REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
Located in downtown Monument, this commercial property offers income-producing opportunities. The property includes two separate dwellings on a landscaped lot. The front home, approximately 1,444 square feet, features 3 bedrooms and 1 full bath. It is currently configured as private office space, with each bedroom functioning as an individual office. A smaller flex room offers additional leasing potential for a part-time professional or private workspace. The kitchen is spacious and sun-filled, with large windows and skylights, making it suitable as a residence or short-term rental. Behind the main home is a fully updated guest cottage offering approximately 640 square feet with 1 bedroom, a loft, and a 3/4 bath. French doors open to a private courtyard. The cottage is currently operated as a short-term rental. Zoned for commercial use, the property is a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park. This property is located in one of Monument’s walkable districts and offers potential for investment, business launch, or on-site living with income generation.
Key Highlights
- High‑income potential property with two separate dwellings on one lot.
- Prime downtown Monument location, commercially zoned and walkable to amenities.
- Front home (approx. 1,444 sq ft) adaptable as office space, residence, or short‑term rental.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Commercial property with two dwellings, offering flexibility and income potential.
Where is this live-work space located?
The property is located at 244 Washington Street Monument, CO.
What is the asking price?
The asking price for this property is $636,500.
What are key features of this property?
This property features: High‑income potential property with two separate dwellings on one lot.; Prime downtown Monument location, commercially zoned and walkable to amenities.; Front home (approx. 1,444 sq ft) adaptable as office space, residence, or short‑term rental.
