11 Primrose Street Palmer Lake, CO $ 1,530,000
11 Primrose Street
$ 1,530,000
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11 Primrose Street

Palmer Lake, CO, 80133
$ 1,530,000
Baths0.0 Sq 5,824

Monthly Estimate*

$ 10,169

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Studio

Commercial Property for sale in Palmer Lake, CO

for $1,530,000. This 5,824 square foot building was built in 1995 on a lot size of 0.22.

Multi-use building zoned "convenience-commercial," a Palmer Lake zoning, with numerous permitted and/or conditional uses including residential & commercial combined. Space currently houses a restaurant, a bar, a coffee shop, and a retail gaming store/club. Public overflow parking is directly across the street. Commercial kitchen with all equipment included for restaurant, bar and coffee shop including furniture and furnishings! Make this your turnkey dream come true! Plenty of storage! Huge dining room with metal ceiling panels plus a beautiful bar and plenty of room for bands and dancing! Excellent frontage on (State) Highway 105, located across from Palmer Lake and the Palmer Lake Recreation Area frequented by visitors for boating, paddle-boarding, fishing and local events that draw 1000's of visitors like the Palmer Lake Wine Festival, the 4th of July Fireworks celebration, youth sports, WinterFest, and so many other events year-round. Palmer Lake is a small mountain town that draws people from the surrounding Denver and Colorado Springs metro areas for day-trips. It is rapidly becoming a destination location where a day of hiking or biking on the miles of trails is always started or topped off with a visit to one of the 1st rate restaurants or coffee shops in Town! Building has been impeccably maintained! The building is nestled between Ben Lomand and Sundance Mountains so patrons can enjoy the stunning lake and mountain views from the large deck! Convert lower level to apartments and run the restaurant! There are so many real options with this building!

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Commercial Active

Price

$ 1,530,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,512

Style

Retail

Lot Size

0.22

Year Built

1995

Town/City

Palmer Lake

County/Region

El Paso

MLS | Web ID

2799788

Features
General
Property Type Commercial
Yearly Taxes 14512.26
Status Active
Sub Type Retail
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* Excluded Features
List By
Main Street Brokers

Broker

trishflake@msn.com

Email

Affordability Calculator

$11,378
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,169
Monthly Property Taxes
$1,209
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
267029 Elementary School
266932 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$1,530,000 Listed Price

Map


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11 Primrose Street, Palmer Lake, CO, 80133 is a Commercial Property for sale at $1,530,000 with 5,824 sqft and a lot size of 0.22. 11 Primrose Street is a studio with 0.0 baths and was built in 1995. The property's zip code is 80133 which is in Palmer Lake, CO