37131 & 37281 US Highway 24 Highway Matheson, CO $ 90,000
37131 & 37281 US Highway 24 Highway
$ 90,000
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37131 & 37281 US Highway 24 Highway

Matheson, CO, 80830
$ 90,000
Bedrooms-- Baths-- Sq 2,888

Monthly Estimate*

$ 554

Listed by My Colorado Broker LLC
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 1
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 2
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 3
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 4
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 5
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 6
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 7
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 8
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 9
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 10
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 11
37131 & 37281 US Highway 24 Highway, Matheson, CO 80830 - Image 12

Commercial Property for sale in Matheson, CO

for $90,000. This 2,888 square foot building was built in 1924 on a lot size of 0.57.

Flexible Business Potential with 297 feet of Highway 24 frontage between Colorado Springs & Limon. Most recently used as a Mechanic's Shop with residential housing. All three buildings, on over half an acre, for the price of one. Come finish this project to your specifications and run your own business. The Garage is 24x40x10H with an attached 2 bedroom house & 22x15ft. front office + a detatched residence you can use for additional living space, rental income or retail sales. The second building has a full basement. Come create your own dream business at a price you can afford.

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Commercial Active

Price

$ 90,000

Property Type

Commercial

Taxes

$ 139

Style

Free Standing

Lot Size

0.57

Year Built

1924

Town/City

Matheson

County/Region

Elbert

MLS | Web ID

7931830

Features
General
Sewer Public Sewer
Utilities Electricity Available
Possession Closing/DOD
Roof Metal
Zoning LI
Garage Spaces 4
Construction Materials Block Frame Wood Siding
Year Built 1924
Property Subtype Industrial
Tax Year 2024
Current Use Automotive Commercial Construction Mixed Use Warehouse
County Elbert
Property Type Commercial Sale
Attached Garage Y
Building Features Drive Indoors
Status Active
Directions East on Highway 24 to the property on your left.
City Matheson
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 24829.2
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 139
Virtual Tour https://www.homes.com/property/37131-u-s-24-matheson-co/f44g2wq4enkk0/?dk=mkq7befw6bm51&utm_source=sfmc&utm_campaign=Matterport_Now_Live&utm_medium=email&utm_content=cta&tab=1
Structure Type Free Standing
Standard Status Active
Cap Rate 10
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Exterior
Parking Features Concrete RV Garage Tandem
Water Source Public
Total Parking 4
Lot Size Area 0.57
Building Area Total 2888
Lot Size Acres 0.57
Road Surface Type Paved
Door Features Drive In Door(s)
Road Frontage Type Public Year Round
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 37131
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* Excluded Features
List By
My Colorado Broker Llc

Broker

(303) 335-0567

Phone

Affordability Calculator

$566
Per Month
98%
2%
0%
Monthly Principal & Interest
$554
Monthly Property Taxes
$12
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
11/6/2025$90,000 -10.00% Price Down
10/7/2025$100,000 Listed Price

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37131 & 37281 US Highway 24 Highway, Matheson, CO, 80830 is a Commercial Property for sale at $90,000 with 2,888 sqft and a lot size of 0.57. 37131 & 37281 US Highway 24 Highway was built in 1924. The property's zip code is 80830 which is in Matheson, CO