$ 1,175,000
1107 Manitou AVE Manitou Springs, CO 80829
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$ 1,175,000
Est. payment /mo
Price Dropped by $14K
1107 Manitou AVE Manitou Springs, CO 80829
3,920 Sqft Lot
UPDATED:
10/06/2024 10:00 PM
Key Details
Property Type Multi-Family
Sub Type Mix Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1671348
HOA Y/N No
Year Built 1942
Annual Tax Amount $5,232
Tax Year 2023
Lot Size 3,920 Sqft
Property Description
Opportunity to own a mixed-use building in the heart of Manitou Springs! This mid-century modern building has 4 commercial units on the ground level and 4 one-bedroom units on the upper level.
This property could be both an investment and owner-occupied property. As an owner-occupied property, there is easy access to downtown Manitou Springs, Soda Springs Park across the street and numerous hiking trails that are within walking distance. Two of the 1-bedroom residential units could be combined to create a larger owner unit if desired.
There is adequate on street parking in the Residential Parking Permit (RPP) area that runs from the Ruxton Ave. intersection to Minnehaha to the west. There are 4 parking spaces in front of the property that are available for retail customers from 9 am to 6 pm daily.
There is additional land behind the building that is terraced. This area could be used for future building or outside area for owner or residents. There is a small un-rented space on the first floor that the owners have used as an office. This could be converted to a laundry room for the residents.
This property could be both an investment and owner-occupied property. As an owner-occupied property, there is easy access to downtown Manitou Springs, Soda Springs Park across the street and numerous hiking trails that are within walking distance. Two of the 1-bedroom residential units could be combined to create a larger owner unit if desired.
There is adequate on street parking in the Residential Parking Permit (RPP) area that runs from the Ruxton Ave. intersection to Minnehaha to the west. There are 4 parking spaces in front of the property that are available for retail customers from 9 am to 6 pm daily.
There is additional land behind the building that is terraced. This area could be used for future building or outside area for owner or residents. There is a small un-rented space on the first floor that the owners have used as an office. This could be converted to a laundry room for the residents.
Location
State CO
County El Paso
Area Hulbert & Ehrich Sub
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type None
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Other
Building
Foundation Slab
Water Municipal
Structure Type Concrete Block,Frame,Other
Schools
School District Manitou Springs-14
Others
Special Listing Condition Not Applicable
Listed by Colorado Realty 4 Less, LLC