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Mixed-Use Building with Apartments
New
For Sale
$650,000

708 Royal Gorge Boulevard, Canon City 81212

Income, Canon City

Property SizeContact for details
Lot Size0.22 Acres
Days on Market4

Property Features for 708 Royal Gorge Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Parking 14
Standard status Active
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7932

Utilities

Heating system Forced Air
Cooling system Evaporative Cooling

Amenities

central laundry area

Building Details

Year built 1946
Roof type Metal
Listing Agency: Frontier West Realty
Listed By: Lance Tomar · License #EA01324593
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 21 at 3:06AM
MLS# 4463544

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-level mixed-use building places a 4,520-square-foot commercial rental area on the main floor and five apartments above. The residential mix includes one large two-bedroom, one-bath unit and four one-bedroom, one-bath units. An exterior staircase provides separate access to the apartments, with a central laundry area serving the residential component.

The property fronts State Highway 50 in Canon City and includes a 14-space paved parking lot, a one-car garage bay, and alley access. Heating is provided by forced air, while cooling is evaporative. Built in 1946, the building has a metal roof and is located in an area zoned Canon City General Commercial, which allows a wide array of uses.

Key Highlights

  • 4,520‑square‑foot commercial rental area on the main level
  • Five apartments: one large 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units
  • 14‑space paved parking lot plus a 1‑car garage bay

Property Analytics

Current Use

Mixed-use 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.

Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines commercial space with residential apartments and dedicated parking.
Where is this mixed-use property located?
The property is located at 708 Royal Gorge Boulevard Canon City.
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 commercial rental area on the main level; Five apartments: one large 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units; 14‑space paved parking lot plus a 1‑car garage bay
More about this property
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