23730 Hwy Calhan, CO 80808

Property Details for 23730 Hwy

Year built

1929

Lot size

0.92 lot acres

Property type

Mixed-use properties

Description

This exceptional 0.92-acre mixed-use property at 23730 Highway 94 in Calhan, Colorado, presents a unique investment opportunity. The property boasts a versatile configuration currently including a garage/shop, an office space, a residence, and an additional shop/garage complete with a mechanics pit. This existing setup provides immediate income potential, currently grandfathered in for temporary storm rental income, allowing for a smooth transition into redevelopment plans. The A-35 zoning allows for multiple uses, offering significant flexibility for future development projects. The strategic corner location on Highway 94 ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. Investors will appreciate the existing structures, providing a solid foundation and potential rental income while development plans are finalized. The property's size and zoning regulations offer a compelling opportunity to create a thriving commercial hub or capitalize on the growing demand for mixed-use spaces in the Calhan area. This is a rare chance to acquire a property with immediate income generation and substantial long-term growth potential. The existing buildings are in place, providing a head start on any redevelopment project. Don't miss this chance to secure a prime piece of Calhan real estate. The asking price is $425,000.

Location Insight

City

Calhan

County

El Paso

State

Colorado

Longitude

-104.325

Latitude

38.9561