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11 Highway 105

Palmer Lake, CO 80133

4 beds
2 baths
1,440 sqft
6,263 sqft lot
$444 per sqft
1957 build
– on site

Located in the heart of beautiful Palmer Lake, this stand-alone building is zoned convenience-commercial (CC) which permits a multitude of uses including a combination of residential and commercial. Current conditional-use permit for multi-family as a duplex! This building is turn-key for your rental investment needs with a 3 bed, 1 bath unit and a 2 bed, 1 bath unit, each with their own laundry! Whether long or short-term rentals are your goal, or if you choose to live in one unit and rent the other, this location cannot be beat! Public parking lots to the rear. Building was completely renovated with quality finishes in 2021 including: new bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances! Pella windows, custom steel doors and a metal roof! Located in the middle of all things local including restaurants, shops, coffee and ice cream! Property backs directly to the Palmer Lake Recreation Area, home to huge, small-town events that draw 1,000s of visitors year-round like the Palmer Lake Wine Festival, the 4th of July Fireworks and the Palmer Lake Outdoor Classic! Ideal short-term rental location with unlimited outdoor recreation and miles and miles of trails immediately outside the door including fishing, hiking, biking, disc golf, pickleball and more! Breathtaking views of the surrounding mountains and the Palmer Lake Star! Entrepreneur? This property is located right on Highway 105 (old Main Street) with ideal frontage for both vehicles and foot traffic, near popular wedding venues and just 1 exit from the USAFA! Rent one side and open your dream boutique, salon or office in the other! Invest in Palmer Lake now...this small mountain town is evolving into a destination location with unlimited outdoor recreation and access to the National Forest! Walk to local restaurants, shops, coffee and ice cream! Relocate your business to this thriving little community!

Listing courtesy of IRES

Last checked: Checking… • Last updated Mar 8, 2025 •

MLS# 7647613 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1957
New Construction:

false
Construction Materials:

Wood/Frame
Structure Type:

Duplex
# of Units Total:

2
Building Area Total:

1440
Total SqFt:

1440
Roof:

Metal
Levels:

Two
Stories:

2
Above Grade Finished Area:

1440

Interior

Interior Features:

Eat-in Kitchen

Room Dimensions

Living Area:

1440
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash

Location

Directions:

From I-25 N, Take exit 161 for CO-105 toward Monument/Palmer Lake. Use the left 2 lanes to turn left onto CO-105 W. Turn right at the 2nd cross street to stay on CO-105 W. Located on right, across the street from the Rock House Ice Cream Shop.
Coordinates:

-104.914772, 39.120823
Latitude:

39.120823
Longitude:

-104.914772

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Abuts Public Open Space
Lot Size Acres:

0.14
Lot Size SqFt:

6263
Lot Size Area:

6263
Lot Size Units:

Square Feet
Zoning:

CC
View:

Mountain(s)
Exclusions:

Tenant property,
Horse:

false
Fencing:

Partial
Water Source:

City Water
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

2313

Beds

Bedrooms Total:

4

Baths

Total Baths:

2

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

Electricity Available
Electric:

Electric
Sewer:

City Sewer

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Palmer Lake
Middle Or Junior School:

Lewis-Palmer
High School:

Palmer Ridge
High School District:

Lewis-Palmer 38

The Community

Subdivision Name:

Palmer Lake
Senior Community:

false
Spa:

false
Association:

false

Parking

Garage:

true
Attached Garage:

false
Garage Type:

Off Street
Garage Spaces:

4
Covered Spaces:

4
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

3
Total Baths Unit 1:

1
Bedrooms Unit 2:

1
Total Baths Unit 2:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/8/25 Mar 8, 2025	Pending	IRES	$639,900
2/24/25 Feb 24, 2025	Listed / Active	IRES	$639,900

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This multifamily located in Palmer Lake, CO 80133 is currently pending sale for $639,900. 11 Highway 105 is a 1,440 square foot multifamily with 4 beds and 2 baths that has been on Estately for 35 days. This multifamily is in the attendance area of Palmer Ridge High School, Lewis-Palmer Middle School, and Palmer Lake Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS