Canon City, CO
Commercial Real Estate Market Trends & Data

$327 Avg asking sale price
$34 Avg asking lease rate
1,698 SF Avg unit lease size
15,744 SF Avg building size for sale
7.70% Average cap rate

Canon City's Demographic Profile

Canon City has 7,324 households and a median income of $58,496, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 17,035
# Households 7,324
Median age 46
Median household income $58,496
Avg household size 2.0
Renter-occupied housing units 2,248
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Canon City, CO

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Canon City $139 7,036 SF
Cotopaxi $290 3,187 SF
Florence $201 3,809 SF
Silver Cliff $333 2,025 SF
Westcliffe $333 2,025 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Victor $88 6,232 SF 9.07%
Cripple Creek $178 4,521 SF 9.07%
Manitou Springs $295 21,283 SF 7.21%

Commercial Properties For Sale in Canon City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fremont Plaza

Canon City, CO 81212

  • 13,721 SF Office Building
  • 8.07% Cap Rate
  • $2,599,000
For Sale

Canon Secure Storage

Canon City, CO 81212

  • 28,755 SF Specialty
  • 7.48% Cap Rate
  • $2,880,000
For Sale

Ortega's

Canon City, CO 81212

  • 1,339 SF Retail Building
  • $349,000
For Sale

Royal Gorge Vacation Rentals

Canon City, CO

  • $13,300,000
For Sale

116 N Orchard Ave

Canon City, CO 81212

  • 1,812 SF Retail Building
  • $299,900
For Sale

Commercial Shop with 4 Bays

Canon City, CO 81212

  • 3,040 SF Office Building
  • $299,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Canon City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Canon City $327 15,744 SF
Cotopaxi $290 3,187 SF
Florence $260 3,253 SF
Victor $153 6,614 SF

Regional Demographic Comparison

This comparison places Canon City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Canon City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Canon City 17,035 7,324 46 $58,496 2 2,248 2%
Cotopaxi 47 22 60 $49,999 2 3 4%
Florence 4,026 1,723 46 $49,933 2 469 3%
Penrose 3,706 1,500 50 $74,926 2 250 2%
Victor 344 160 53 $51,364 2 41 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Canon City, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Canon City

View All Commercial Real Estate For Sale in Canon City
Is Canon City a good market for a first-time commercial real estate investor?

Canon City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Canon City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Canon City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Canon City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Canon City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Canon City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Canon City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Canon City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Canon City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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