509 Main StWalsenburg, CO 81089

Property Details for 509 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

3,128 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

20670

APU

20670

Description

This exceptional commercial property, located at 509 & 511 Main Street in Walsenburg, Colorado, presents a unique investment opportunity. Situated just one mile from the heavily trafficked I-25, this property benefits from significant daily traffic exposure. The building comprises two distinct commercial spaces under one roof, each offering unique features and potential uses. Unit #511 boasts a large frontage room with high ceilings, decorative Spanish-style sconces, and a 7x11 fireplace with adjacent wood storage. Stucco walls, pine trim, and decorative ledges add to its character. The front window alcoves are ideal for a variety of uses, including a coffee shop, retail showroom, market, offices, art gallery, or even a residential space. An upper-level loft provides the potential for conversion into a residential apartment. Unit #509 (parcel #20670, with $965 in annual taxes and a total square footage of 3128) features drywall, wood trim, and four separate spaces. This unit underwent remodeling in 2009, and the roof was maintained and repaired in 2018. Significant electrical upgrades have also been completed. Both units benefit from convenient alley access. The property offers a blend of quiet charm and proximity to Colorado's outdoor recreational opportunities, combined with an affordable cost of living. The welcoming city officials are open to new business ideas, making this a promising investment in a thriving community. The total square footage of the building is 2260 square feet. This property is ready for a new owner to capitalize on its potential.

• Alternative Use

  Use

  Valuation

  Residential

  $783,146

  Hospitality

  $717,358

  Educational

  $596,833

  Medical

  $617,359

  Retail

  $928,408

Location Insight

City

Walsenburg

County

Huerfano

State

Colorado

Latitude

37.6242

Longitude

-104.781

Property Tax & Assessments

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