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    244 Washington Street Monument, CO 80132

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    For Sale
    $636,500

    Commercial property with two dwellings, offering flexibility and multiple income streams.

    Added:
    Jun 13, 2025
    Days on Market:
    321
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 244 Washington Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1915

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    Listing Contact
    STEPHANIE LEE MRP

    Listing agent STEPHANIE LEE MRP

    Listing office LEE AND ASSOCIATES REAL ESTATE, INC.

    Listing date Jun 13, 2025

    Source Corcoran

    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.


    Overview

    Monument Income-Producing Commercial Property

    Located in downtown Monument, this commercial property offers income-producing potential. The property includes two separate dwellings on a landscaped lot. The front home, approximately 1,444 square feet, contains 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 provides additional leasable space. The kitchen features large windows and skylights. The front home is suitable for use as a residence or a short-term rental. Tucked behind the main home is a fully updated 640-square-foot guest cottage 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 located within walking distance of Monument Lake, restaurants, shops, farmers markets, and concerts in the park. The property is located in a walkable district. It offers potential for expanding an investment portfolio, launching a business, or on-site living while generating income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.872
    Latitude
    39.0922

    FAQs

    What type of property is this?
    Mixed-use property - Commercial property with two dwellings, offering flexibility and multiple income streams.
    Where is this mixed-use property 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: Income‑producing commercial property with two separate dwellings on one lot.; Prime downtown Monument location, walkable to Monument Lake, restaurants, shops, and events.; Front home (approx. 1,444 sq ft) currently configured as office space with potential for residential or short‑term rental conversion.
    More about this property
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