244 Washington Street Monument, CO 80132
Commercial property with two dwellings, offering flexibility and income potential.
Type:Commercial
- Added:
- Jun 13, 2025
- Days on Market:
- 293
- Last Refresh:
- Mar 30 at 9:25 pm
Property Features for 244 Washington Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1915
Listing agent STEPHANIE LEE MRP
Listing office LEE AND ASSOCIATES REAL ESTATE, INC. (719) 963-6032
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
Downtown Monument Income-Producing Commercial Property
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Monument
- County
- El Paso
- State
- Colorado
- Longitude
- -104.872
- Latitude
- 39.0922
Nearby Similar for Sale
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.
