1107 Manitou Avenue Manitou Springs, CO $ 997,000
1107 Manitou Avenue
$ 997,000
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1107 Manitou Avenue

Manitou Springs, CO, 80829
$ 997,000
Bedrooms-- Baths-- Sq 3,437

Monthly Estimate*

$ 6,220

Listed by Colorado Realty 4 Less, LLC
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Commercial Property for sale in Manitou Springs, CO

for $997,000. This 3,437 square foot building was built in 1942 on a lot size of 0.09.

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 along Ruxton Ave. 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 tenants.

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Commercial Pending

Price

$ 997,000

Property Type

Commercial

Taxes

$ 5,439

Style

Low Rise (1-3)

Lot Size

0.09

Year Built

1942

Town/City

Manitou Springs

County/Region

El Paso

MLS | Web ID

7248050

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Connected Sewer Connected
Possession Closing/DOD
Zoning C
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Smart Cameras Smoke Detector(s)
Construction Materials Frame
Exclusions Tenants Personal Property
Year Built 1942
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2024
Current Use Mixed Use Multi-Family Residential Retail
Gross Income 89976
County El Paso
Operating Expense 26395
Property Type Commercial Sale
Attached Garage N
Contingency None Known
Status Pending
Directions From I25 take Hwy 24/Cimmaron west to Serpentine Dr. Turn left and follow road right curve left to circle - take 2nd exit onto Manitou Ave. Property on the right.
City Manitou Springs
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 3920
Carport Spaces 0
Listing Terms Cash Conventional Owner Will Carry
Tax Annual Amount 5439
Lease Considered Y/N N
Structure Type Low Rise (1-3)
Standard Status Active Under Contract
Occupancy Type Tenant
Cap Rate 6.3
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Exterior
Lot Features Near Public Transit
Water Source Public
Total Parking 4
Lot Size Area 3920
Building Area Total 3437
Lot Size Acres 0.09
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1107
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* Excluded Features
List By
Colorado Realty 4 Less, Llc

Broker

(970) 531-7448

Phone

Affordability Calculator

$6,673
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,220
Monthly Property Taxes
$453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$997,000 Listed Price

Map


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1107 Manitou Avenue, Manitou Springs, CO, 80829 is a Commercial Property for sale at $997,000 with 3,437 sqft and a lot size of 0.09. 1107 Manitou Avenue was built in 1942. The property's zip code is 80829 which is in Manitou Springs, CO