129 1/2 W Third Street # B Salida, CO $ 600,000
129 1/2 W Third Street # B
$ 600,000
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129 1/2 W Third Street # B

Salida, CO, 81201
$ 600,000
Bedrooms-- Baths-- Sq 2,418

Monthly Estimate*

$ 3,743

Listed by Pinon Real Estate Group LLC
129 1/2 W Third Street # B, Salida, CO 81201 - Image 1
129 1/2 W Third Street # B, Salida, CO 81201 - Image 2
129 1/2 W Third Street # B, Salida, CO 81201 - Image 3
129 1/2 W Third Street # B, Salida, CO 81201 - Image 4
129 1/2 W Third Street # B, Salida, CO 81201 - Image 5
129 1/2 W Third Street # B, Salida, CO 81201 - Image 6
129 1/2 W Third Street # B, Salida, CO 81201 - Image 7
129 1/2 W Third Street # B, Salida, CO 81201 - Image 8
129 1/2 W Third Street # B, Salida, CO 81201 - Image 9

Commercial Property for sale in Salida, CO

for $600,000. This 2,418 square foot building was built in 1960.

Welcome to the Third Street Suites. Excellent investment / income opportunity in a prime downtown location. Strong rental history with some tenants having been in place for decades. Eight offices plus a conference room that could be converted to a ninth office space. All offices currently occupied. Two full bathrooms, vestibule area plus storage closet for cleaning supplies etc. Financials available on request. 5.7% cap rate.

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Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 13,800

Style

Traditional

Year Built

1960

Town/City

Salida

County/Region

Chaffee

MLS | Web ID

9848508

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Connected
Possession Closing/DOD
Roof Membrane
Zoning Commercial
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick Concrete Frame
Exclusions Seller's and tenants's personal property
Year Built 1960
Electric 220 Volts
Unit Number B
Property Subtype Office
Tax Year 2024
Current Use Office
Gross Income 43971
County Chaffee
Operating Expense 12611
Property Type Commercial Sale
Attached Garage N
Building Features Common Area Boardroom Signage Included
Status Active
City Salida
Number Of Units Total 9
Carport Spaces 0
Listing Terms Cash Conventional Owner Will Carry
Tax Annual Amount 13800
Standard Status Active
Occupancy Type Tenant
Cap Rate 5.7
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Exterior
Water Source Public
Total Parking 0
Building Area Total 2418
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 129
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* Excluded Features
List By
Pinon Real Estate Group Llc

Broker

(719) 539-0200

Phone

Affordability Calculator

$4,893
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$1,150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2025$600,000 -7.69% Price Down
6/2/2025$650,000 -7.14% Price Down
4/16/2025$700,000 Listed Price

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129 1/2 W Third Street # B, Salida, CO, 81201 is a Commercial Property for sale at $600,000 with 2,418 sqft. 129 1/2 W Third Street # B was built in 1960. The property's zip code is 81201 which is in Salida, CO