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Mixed-Use Property with Apartments
For Sale
$650,000

708 Royal Gorge Blvd, Canon City, CO 81212

Commercial rental space and residential apartments share a highway-fronting building with paved parking and General Commercial zoning.

Property SizeContact for details
Days on Market274

Property Features for 708 Royal Gorge Blvd

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $7,932
Listing Agency: Frontier West Realty
Listed By: Lance Tomar · License #EA01324593
Source: Exprealty
Added: Nov 21, 2025 Changed: Aug 21 Last Checked: Aug 21 at 11:17AM

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 Frontier West Realty

Investment Insights

Based on property information with market context.

This mixed-use building combines a 4,520-square-foot commercial rental area on the main level with five apartments upstairs. The residential component includes one large two-bedroom, one-bath unit and four one-bedroom, one-bath units. Separate exterior stairs serve the apartments, and a central laundry area supports the upper-level residences.

The property fronts State Highway 50 and includes a 14-space paved parking lot, a one-car garage bay, and alley access. It is currently zoned Canon City General Commercial, supporting a broad range of commercial uses. The combination of ground-floor commercial space and multiple residential units creates a single property with distinct income-producing components.

Key Highlights

  • 4,520‑square‑foot main‑level commercial rental space
  • Five upstairs apartments: one large 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units
  • 14‑space paved parking lot

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Law Firm Electrical Service Big Box & Wholesale Store Veterinary Clinic

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

1,002
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial rental space and residential apartments share a highway-fronting building with paved parking and General Commercial zoning.
Where is this mixed-use property located?
The property is located at 708 Royal Gorge Blvd Canon City, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,520‑square‑foot main‑level commercial rental space; Five upstairs apartments: one large 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units; 14‑space paved parking lot
More about this property
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