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Home For Sale

Picture of Home For Sale in Manitou Springs, Colorado, United States

$1,189,000

1107 Manitou Ave
Manitou Springs, Colorado, United States

4bd 8ba

Listed By: Realtyww Info

Listed On: 07/20/2024

Listing ID: GL11899897 View More Details

Description

Rare 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 1 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. Most of the housing to the west of the property park in the RPP on Waltham that allow for more available parking on Manitou Ave. There is also parking available in the Smischny parking lot to the west for guests and customers. The Ute Pass Motel to the west was recently purchased by the Manitou Metropolitan District to be added to the existing Smischny parking lot. There are 4 parking spaces in front of the property that are available for retail customers from 9 am to 6 pm daily. These convert to resident only parking from 6 pm to 9 am 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.

For more details:

Listed by: Kathleen Haas
Source: The World Property Journal

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