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    New Castle, CO

    New Castle, CO Commercial Real Estate for Sale

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    Turnkey Mixed-Use Hospitality Property
    Updated: Jun 22
    Turnkey Mixed-Use Hospitality Property

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    7,474 sqft 0.11 AC lot
    Turnkey mixed‑use income property with 7 residential units plus a ground‑floor commercial space leased to a salon
    Offered at a 9.2% cap rate based on existing lodging operations
    Directly on Main Street, with access/demand draw from the Glenwood Springs/Vail/Aspen corridor
    Frame construction; built in 1898
    Public water; membrane roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    502 W Main Street, New Castle, CO 81647

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $91K
      Annual

    • Mortgage

      $385K
      Jan 2018

    • Property Type

      Commercial (General)
      Built 1898
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    Prime Commercial Corner Lot
    Updated: Apr 17
    Prime Commercial Corner Lot

    600 W Main Street, New Castle, CO 81647

    $425,000
    0.16 AC lot
    Prime commercial corner lot in the heart of downtown New Castle
    Exceptional visibility and frontage on Main Street and 6th Street
    Zoned C‑1 Commercial, allowing for retail, office, dining, and mixed‑use development
    High‑traffic, transit‑adjacent location with strong exposure and accessibility
    7,500 SF parcel size
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    Mixed-Use Property with Short-Term Rentals
    Mixed-Use Property with Short-Term Rentals

    502 W Main Street, New Castle, CO 81647

    $1,450,000

    Remodeled mixed-use building with seven short-term rental units and a leased main-level commercial space.

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    Turnkey Mixed-Use Income Property
    Turnkey Mixed-Use Income Property

    502 W Main St, New Castle, CO 81647

    $1,450,000

    Turnkey mixed-use building with seven residential units and a ground-floor salon lease, plus retained restaurant venting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Commercial Land in Downtown New Castle
    Commercial Land in Downtown New Castle

    W Main St, New Castle, CO 81647

    $330,000
    0.17 AC lot

    Commercial lot in historic downtown New Castle with high visibility.

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    New Castle Commercial Land Opportunity
    New Castle Commercial Land Opportunity

    County Road 240, New Castle, CO 81647

    $700,000
    1.99 AC lot

    2-acre commercial lot in New Castle near I-70.

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    Retail Building with Overhead Door
    Retail Building with Overhead Door

    298 W Main St, New Castle, CO 81647

    Contact for pricing
    4,278 sqft

    One-level retail building with large display windows and an 11'6" x 11'6" overhead door.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Silt, CO Land Parcel
    Silt, CO Land Parcel

    Grand Avenue, Silt, CO 81652

    $2,850,000
    40.58 AC lot

    40.58 acre parcel for future development in Silt, CO.

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    Deeded Luxury Garage Condos
    Deeded Luxury Garage Condos

    289 Center Drive, Glenwood Springs, CO 81601

    Contact for pricing
    1,000 sqft

    Fee-simple, deeded garage condo units with customization options including mezzanines and EV charging availability.

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    Glenwood Springs Mall Investment Opportunity
    Glenwood Springs Mall Investment Opportunity

    51027 Highway 6 & 24, Glenwood Springs, CO 81601

    $15,250,000
    161,572 sqft 13.13 AC lot

    Prime retail space with redevelopment potential in Glenwood Springs, Colorado.

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    Waterfront Development Land
    Waterfront Development Land

    54 County Road 311, Silt, CO 81652

    $1,600,000
    16.24 AC lot

    Approximately 16.24 acres of river-front development land with frontage road visibility south of Interstate 70.

    View details

    Off-Market Properties in New Castle, CO

    Consider similar Off-Market properties in New Castle, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    331 Main St
    COMMERCIAL (GENERAL)

    331 Main St, New Castle, CO 81647

    Value Estimation by Request
    2,074 sqft 0.04 AC lot
    View details
    298 Main St
    COMMERCIAL (GENERAL)

    298 Main St, New Castle, CO 81647

    Value Estimation by Request
    1,578 sqft 0.11 AC lot
    View details
    6136 County Rd 335
    VACANT COMMERCIAL LAND

    6136 County Rd 335, New Castle, CO 81647-9504

    $580,000
    Estimated value
    2.81 AC lot
    View details
    112 Main St
    OFFICE BUILDING

    112 Main St, New Castle, CO 81647-9905

    Value Estimation by Request
    3,024 sqft
    View details
    589 Main St
    COMMERCIAL (GENERAL)

    589 Main St, New Castle, CO 81647

    Value Estimation by Request
    180 sqft 0.23 AC lot
    View details
    386 Main St, Unit 3
    COMMERCIAL CONDOMINUIM

    386 Main St, New Castle, CO 81647-8727

    Unit 3
    Value Estimation by Request
    1,052 sqft 0.02 AC lot
    View details
    1 Main St
    COMMERCIAL CONDOMINUIM

    1 Main St, New Castle, CO 81647

    Value Estimation by Request
    1,682 sqft 0.04 AC lot
    View details
    228 7th St
    COMMERCIAL (GENERAL)

    228 7th St, New Castle, CO 81647-8404

    $585,000
    Estimated value
    832 sqft 0.29 AC lot
    View details
    New Castle, CO 81647
    VACANT COMMERCIAL LAND

    New Castle, CO 81647

    Value Estimation by Request
    5.19 AC lot
    View details
    7051 County Rd 335
    VACANT COMMERCIAL LAND

    7051 County Rd 335, New Castle, CO 81647-9680

    $955,000
    Estimated value
    2,400 sqft 5.84 AC lot
    View details
    6061 County Rd 335
    MINI-WAREHOUSE, STORAGE

    6061 County Rd 335, New Castle, CO 81647

    Value Estimation by Request
    0.81 AC lot
    View details
    810 Castle Vly Blvd
    COMMERCIAL (GENERAL)

    810 Castle Vly Blvd, New Castle, CO 81647-9441

    Value Estimation by Request
    2,403 sqft 0.47 AC lot
    View details
    126 4th St
    COMMERCIAL (GENERAL)

    126 4th St, New Castle, CO 81647-5002

    Value Estimation by Request
    5,120 sqft 0.24 AC lot
    View details
    581 County Rd 241
    HOTEL/MOTEL

    581 County Rd 241, New Castle, CO 81647-9498

    $2,985,000
    Estimated value
    2,600 sqft 10.00 AC lot
    View details
    6211 County Rd 335
    VACANT COMMERCIAL LAND

    6211 County Rd 335, New Castle, CO 81647-9659

    Value Estimation by Request
    0.67 AC lot
    View details
    6 24th Hwy
    VACANT COMMERCIAL LAND

    6 24th Hwy, New Castle, CO 81647

    Value Estimation by Request
    2.39 AC lot
    View details
    6560 County Rd 335
    COMMERCIAL (GENERAL)

    6560 County Rd 335, New Castle, CO 81647-9690

    $1,050,000
    Estimated value
    4,016 sqft 2.03 AC lot
    View details

    New Castle, CO Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in New Castle, CO, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 11,752 square feet of properties for sale, with an estimated market value of $5,805,000.

    Sale prices for business properties in New Castle, CO start at $330,000, averaging $967,500, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,037
    Population Growth (5Y) -4.0%
    Median Household Income $80,139
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

    Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81647 $1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Garfield County

    New Delisted

    Total CRE Inventory on Market (SF)

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