Historic Mixed-Use Property

Asking Price$325,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6370

Price per Sq. Ft.Not Disclosed

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Historic Mixed-Use Property


Asking Price$325,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6370

Price per Sq. Ft.Not Disclosed

Property Description
Historic mixed-use property on Main Street, Walsenburg, CO, offers income, renovation, and live-work opportunities. The large 6370sf building consists of two finished units downstairs (508 and 510A Main St), roughly 1250sf each, plus a 1340sf garage/warehouse/storage space, and another 2500sf upstairs (510B) ready for renovation. Multiple updates have been completed to downstairs units since 2016, including plumbing and electrical upgrades. Historic details such as tin ceilings, plaster walls, and hardwood floors are preserved. First unit, 508 Main, is beautifully finished and available for rent as multi use space. Gallery, retail, office, event, live-work, limitless possibilities. It consists of a large open area, one smaller enclosed room, loft space and half bath. There is also generous warehouse space behind this unit. Second unit, 510A Main, has been rented consistently as an apartment or AirBNB for six years. Open concept living/dining with modern kitchen. Full bathroom plus separate laundry. ...

Large bedroom area toward the back of the unit opens into a back hallway/storage area and small garage, with alley access. Original mural art in the bathroom and on the back of the building by local artist.
Upstairs 510B Main, a grand suite of offices in its time, is currently unfinished and offers 9 rooms with approximately 2500 square feet of unlimited potential. Historic details such as woodwork, historic glass and hardwood floors remain intact. Electrical box was recently added upstairs and wiring to the roof for future air conditioning unit was recently added.
At the heart of Spanish Peaks Country, and crossroads of Southern Colorado, thousands of RV, motorcycle and other tourists pass through Walsenburg every year. Lathrop State Park (just 4 miles away), Cuchara Mountain Park, Grandote Peaks Golf Course, and the Great Sand Dunes are attractions nearby. Property is walking distance to coffee shops, dining, groceries, banking, shopping, art galleries, antique stores, museums, and entertainment.
This high traffic area has tremendous potential for a downtown business, lodging and more. Live in and run your business out of one side while the space next door provides income. Build out the upstairs for your residence or for additional commercial or residential rentals. The options are limitless, schedule your showing and start exploring today!
Listing Info
ID:
2527161
Listing Views:
16

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Property Listed by: Arica Andreatta Code of the West Real Estate

Listing ID: 2527161 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.