Active

11 Primrose Street

Palmer Lake CO, 80133

$1,375,000


$234.48 per sqft

Active

5,864 sqft

Commercial

Built in 1995

Multi-use building zoned "convenience-commercial," a Palmer Lake zoning, with numerous permitted and/or conditional uses including residential & commercial combined. Space currently houses a restaurant, a bar, a coffee shop, and a retail gaming store/club. Public overflow parking is directly across the street. Commercial kitchen with all equipment included for restaurant, bar and coffee shop including furniture and furnishings! Make this your turnkey dream come true! Plenty of storage! Huge dining room with metal ceiling panels plus a beautiful bar and plenty of room for bands and dancing! 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 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! Convert lower level to apartments and run the restaurant! There are so many real options with this building!

9877026

MLS ID

March 29, 2024

Listed

October 4, 2024

Updated

Map

11 Primrose Street
Palmer Lake CO, 80133

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Landscaped


Sewer

Public Sewer

Other Property Details

Taxes

$14,512


Tax Frequency

Annually


Garage

No


Parking

Asphalt


Parking Total

18


View

No


County

El Paso


Water Source

Public


Pool

No


Zoning

CC

Listing History

Date

Event

Price

8/15/2024

Price change

$1,375,000

-11%
Listed by Main Street Brokers, Tricia Flake, Listing Contact: 719-481-4810 
 

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