44
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$625,000
$636,500 1.8%
Est. payment /mo
2,084 SqFt
Sold on 08/22/2025
244 Washington ST Monument, CO 80132
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Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,084 sqft
Price per Sqft $299
MLS Listing ID 2131173
Sold Date 08/22/25
Style Cottage,Traditional
HOA Y/N No
Year Built 1915
Annual Tax Amount $9,728
Tax Year 2024
Lot Size 7,692 Sqft
Acres 0.18
Property Sub-Type Office
Source recolorado
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 short-term rental conversion. Tucked behind the main home is a 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
Zoning B
Interior
Fireplace N
Exterior
Parking Features Asphalt
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Lee and Associates Real Estate Inc.
Bought with Lee and Associates Real Estate Inc.
Bought with Lee and Associates Real Estate Inc.