428 W 6th Street Leadville, CO $ 995,000
428 W 6th Street
$ 995,000
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428 W 6th Street

Leadville, CO, 80461
$ 995,000
Bedrooms-- Baths-- Sq 2,200

Monthly Estimate*

$ 6,208

Listed by HomeSmart Realty
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Commercial Property for sale in Leadville, CO

for $995,000. This 2,200 square foot building was built in 1898 on a lot size of 0.19.

Prime Location in the Heart of It All! Just a short walk to vibrant Harrison Street, where you’ll find an array of restaurants, bars, hotels, and boutique shops. This unique property features two fully remodeled homes on separately deeded lots—a rare opportunity! The first home offers 1 bedroom and 1 full bath, perfect for guests, rental income, or a private retreat. The second home boasts 3 bedrooms and 2 bathrooms, ideal for comfortable full-time living or vacation hosting. Take in breathtaking views of Mt. Massive and Mt. Elbert from the expansive patio, or unwind across the street at the local ice rink and skate park. Whether you're looking for investment potential, multigenerational living, or a mountain getaway, this property delivers. Houses are currently rented through winter for $1800 and $2500 per month, $4300/mo. total until end of April, 2026. Revenue potential on 3/2 house $450/night, $98k annualized at 60% occupancy. 1 bedroom ADU, $250/night, $55k annualized at 60% occupancy. 12% cap rate (17% operating expense).

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 3,544

Style

Rustic

Lot Size

0.19

Year Built

1898

Town/City

Leadville

County/Region

Lake

MLS | Web ID

2918874

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Connected Sewer Connected
Roof Composition
Garage Spaces 2
Architectural Style Rustic
Construction Materials Concrete Frame Metal Siding Wood Siding
Year Built 1898
Electric 110V 220 Volts
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family Residential
County Lake
Property Type Commercial Sale
Attached Garage Y
Building Features Bike Storage
Status Active
Directions Easiest place to park for showing property is off 7th turn on Maple and park in front of the 1 car garage.
City Leadville
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 8276
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 3544
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 12
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Exterior
Parking Features Gravel
Water Source Public
Total Parking 4
Lot Size Area 8276
Building Area Total 2200
Lot Size Acres 0.19
Road Surface Type Alley Paved Gravel
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 428
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* Excluded Features
List By
Homesmart Realty

Broker

(720) 253-7855

Phone

Affordability Calculator

$6,503
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$295
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
6/6/2025$995,000 -5.24% Price Down
5/14/2025$1,050,000 Listed Price

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428 W 6th Street, Leadville, CO, 80461 is a Commercial Property for sale at $995,000 with 2,200 sqft and a lot size of 0.19. 428 W 6th Street was built in 1898. The property's zip code is 80461 which is in Leadville, CO