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11 Primrose Street

Property Description
0 Bedrooms
9,583 Sqft

Year Built: 1995

Multi-use building zoned “commercial-convenience,” a Palmer Lake zoning, with numerous permitted and/or conditional uses including residential & commercial combined. Space currently houses several small businesses including a restaurant, a bar, a coffee shop, and a hair salon. Property also includes income from a 25-year lease with Verizon for a cellular tower on the building rooftop. 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 is 100% occupied with gross rent leases and 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! Seller is in the process of making a drive-thru window for the coffee shop!

About This Property
9,583 Sqft
5,864 Sqft
: Two
Building Details
: Landscaped
Address Map
11 Primrose Street
El Paso
Palmer Lake
W105° 5' 8.1''
N39° 7' 23.6''
From I25 exit 161 follow Hwy 105 North to Palmer Lake. Property is on the corner of Hwy 105 and Primrose across from the Post Office
Additional Information
04-27-2021 14:22:00
Utilities and Services
: Publicroad

Palmer Lake

Listing ID #3242608
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Agent info
Right Sidebar Info
Listing Type : For Sale
Price : $1,275,000
Bedrooms : 0
Rooms : 0
Year Built : 1995
Status : Active
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