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

708 Royal Gorge Boulevard, Canon City, CO 81212

Income, Canon City, CO

Property SizeContact for details
Lot Size0.22 Acres
Days on Market54

Property Features for 708 Royal Gorge Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 5, Bathroom 2
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: Oct 8 Last Checked: Oct 10 at 5:06AM
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.

Built in 1946, this two-level mixed-use property combines 4,520 square feet of commercial rental space on the main floor with five apartments above. The residential mix includes one two-bedroom, one-bath unit and four one-bedroom, one-bath units. A staircase outside the building serves the apartments, and a shared laundry area is provided for residents.

The property has frontage on State Highway 50 and alley access. Site improvements include a paved 14-space parking area and a single-car garage bay. The 0.22-acre parcel is zoned Canon City General Commercial.

Key Highlights

  • 4,520 square feet of main‑level commercial rental space
  • Five upstairs apartments: one 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units
  • 0.22‑acre site with frontage on State Highway 50

Property Analytics

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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
Yes
Highway access
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Mixed-use property - Commercial space and five upstairs apartments are arranged across two levels, with separate exterior access to the residences.
Where is this mixed-use property located?
The property is located at 708 Royal Gorge Boulevard 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 feet of main‑level commercial rental space; Five upstairs apartments: one 2‑bedroom, 1‑bath unit and four 1‑bedroom, 1‑bath units; 0.22‑acre site with frontage on State Highway 50
More about this property
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