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$ 636,500
Est. payment | /mo
2,084 SqFt
$ 636,500
Est. payment | /mo
2,084 SqFt
Key Details
Property Type Commercial
Sub Type Mix Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $305
MLS Listing ID 4139563
HOA Y/N No
Year Built 1915
Annual Tax Amount $9,727
Property Sub-Type Mix Use
Property Description
Incredible income producing opportunity located in the heart of downtown Monument! This rare commercial property features two separate dwellings on one beautifully landscaped lot, offering built-in flexibility and multiple streams of potential income.
The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a residence or a short-term rental conversion.
Tucked behind the main home is a fully updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use.
Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument's most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value.
****** Take a look at the property video to get a real feel for the layout!********
The front home is approximately 1,444 sq ft with 3 bedrooms and 1 full bath. Currently configured as private office space for local businesses, each bedroom functions as an individual office. In addition, there's a smaller flex room that could also be leased separately ideal for a part-time professional or private workspace adding even more income potential. A spacious, sun-filled kitchen with large windows and skylights adds warmth and versatility to the space, making it equally suitable as a residence or a short-term rental conversion.
Tucked behind the main home is a fully updated guest cottage offering approximately 640 sq ft with 1 bedroom, a loft, and a stylish 3/4 bath. French doors lead to a peaceful, private courtyard perfect for relaxing or hosting guests. The cottage is currently operated as a short-term rental and has shown strong demand, even with limited availability. With expanded booking options, the new owner could further maximize its use.
Zoned for commercial use and located just a short walk to Monument Lake, restaurants, shops, farmers markets, and concerts in the park, this property is nestled in one of Monument's most vibrant and walkable districts. Whether you're looking to expand your investment portfolio, launch a business, or live on-site while generating income, this one-of-a-kind property offers endless potential and long-term value.
****** Take a look at the property video to get a real feel for the layout!********
Location
State CO
County El Paso
Area Monument
Exterior
Garage Spaces 8.0
Others
Special Listing Condition See Show/Agent Remarks
Virtual Tour https://youtu.be/UWpegmQfqsI
Listed by Lee and Associates Real Estate, Inc.
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