511 Main Street Walsenburg, CO ^$ 299,000

511 Main Street

^$ 299,000

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511 Main Street

Walsenburg, CO, 81089

^$ 299,000

Studio Baths0.0 Sq 2,260

Monthly Estimate*

^$ 2,089

Listed by Cornerstone Investments International

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Studio

Commercial Property for sale in Walsenburg, CO

for $299,000. This 2,260 square foot building was built in 1900.

Notables call it the true Gate to the Real SouthWest. In So Colorado's Spanish Peaks Country opportunities are popping up. The heart of Southern Colorado Highlands, where coal was king, and Texas cattle arrived in 1870, this community thrived & prospered. Conflict between settler Frank Walson and Ute Chief Kiniache grew significantly. Walsun bought the land for a wagon, team of mules and $100 and established the coal mine. Poised just 1 mile from the super busy I-25, this community carries unbelievable amounts of vehicular traffic on a daily basis. This commercial property sits right smack in the middle. 2 doors under one roof, #511 and #509 have a history all their own. Both sides have been remodeled and are a natural "arresting gear" for passersby. #511 frontage room is huge, high lofty ceiling, decorative spanish lamp sconces on the walls, a 7X11 fireplace with side wood box storage. Walls are stucco and pine with deco ledges. Front window alcoves perfect for a Java Jive space, trendy retail showroom, local marketplace, avant garde offices or dramatic spanish style residential space. Upper level loft easily converts to residential apartment. #509 (parcel #20670, $965 taxes, 3128 sq ft), is drywalled with wood trim, partitioned into 4 spaces. Remodeled in 2009; roof maintained and repaired in 2018, extensive electrical upgrades and current boxes. Both have alley entrances. This district is a diamond in the rough and prime for new ideas. It's the package the up and comers are looking for: quiet/small communities; work from home arrangement; closeby Colorado's epic sports of hunting/fishing; hiking; ski on Wolf Creek Pass; affordable cost of living; cultural arts; fresh air; small town charm. Highway #160 runs right down Main Street; 1 hr to Walmart/metro and airports; 1 hr to state line. Lots to explore at Greenhorn Mtn Wilderness, Lathrop State Park, San Isabel Natl Forest, Sangre de Cristo Wilderness. City officials open & inviting to new ideas

Commercial Active

Price

^$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 764

Style

Low Rise (1-3)

Year Built

1900

Town/City

Walsenburg

County/Region

Huerfano

MLS | Web ID

5420548

Features

General

Sewer Public Sewer

Utilities Electricity Available Natural Gas Available

Possession Closing/DOD

Zoning C

Garage Spaces 0

Construction Materials Block Frame

Exclusions Contents of building will be removed.

Year Built 1900

Electric 110V 220 Volts

Stories 2

Property SubType Industrial

Tax Year 2022

Current Use Commercial Live-Work/Mixed-Use/Flex Office

County Huerfano

Property Type Commercial Sale

Attached Garage N

Status Active

Directions From Pueblo: south on I-25; exit Walsenburg to Main Street. Property next to bank. Curbside parking.

City Walsenburg

Buyer Agent Compensation 2

Total Units 2

Lot Size Square Feet 0

Carport Spaces 0

Street Name Main

Listing Terms Cash Conventional

Tax Annual Amount 764

Lease Considered Y/N N

Virtual Tour https://ground2air-photography.aryeo.com/videos/17bfab38-d94b-475d-82c0-264451eb3445

Structure Type Low Rise (1-3)

Standard Status Active

Occupancy Description Vacant

Cap Rate 0

Buyer Agent Compensation Type %

Exterior

Water Source Public

Total Parking 0

Lot Size Area 0

Building Area Total 2260

Lot Size Acres 0

Road Surface Type Dirt

Lot Size Units Square Feet

Door Features Dock Door(s)

Road Frontage Type Public

Road Responsibility Public Maintained Road

Interior

Street Suffix Street

Internal Only

Street Number 1 511

* Excluded Features

List By

Cornerstone Investments International

Broker

(719) 557-9257

Phone

Affordability Calculator

$2,152

Per Month

Monthly Principal & Interest: $2,089
Monthly Property Taxes: $64
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Walsenburg, CO

Average List Price ^$296,488

Percent of Sale Price 1%

About Walsenburg, CO

3,161 Population

-22% Since 2002

^$26,098 Median Income

47.04 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/15/2023	$299,000		Listed Price

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511 Main Street, Walsenburg, CO, 81089 is a Commercial Property for sale at $299,000 with 2,260 sqft. 511 Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 81089 which is in Walsenburg, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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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Data is updated as of 5/3/2024.

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511 Main Street

Commercial Property for sale in Walsenburg, CO

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