16 OLD CRYSTAL PARK RD, MANITOU SPRINGS, CO 80829 For Sale

Value-Add & Modernization Potential: Built in 1941, the Class C property offers massive upside to bump rents through interior modernization and micro-apartment upgrades.

Flexible Commercial Zoning: Sitting on a 0.43-acre commercially zoned (C) lot, the property provides unique versatility for high-density redevelopment or adaptive re-use that standard residential zoning won't allow.

Streamlined, High-Demand Unit Mix: Comprising entirely of identical 1-bed/1-bath layouts, it minimizes maintenance overhead while perfectly capturing high demand from solo professionals and local workers seeking attainable rent.

Walkable Downtown Location: Located just 1–2 blocks from historic downtown Manitou Springs' core commercial corridor, giving tenants immediate pedestrian access to local dining, transit, and top-tier District 14 schools.

Scarcity & Tourism Insulation: Situated at the base of Pikes Peak near the Manitou Incline and Garden of the Gods, the asset benefits from high barriers to entry for new construction and a resilient local tourism economy.