$1,147,000
Off Market

1107 Manitou Avenue

Manitou Springs, CO 80829
Type:Multi-Family
Structure:House
Zone:Residential

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.

Location

Cindy ReinReal Estate Group