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Mixed-Use Property with Residence
For Sale
$690,000

1150 Castello Avenue, Fairplay, CO 80440

Commercial, FAIRPLAY, CO

Property SizeContact for details
Lot Size0.65 Acres
Days on Market329

Property Features for 1150 Castello Avenue

General Information

Property type Commercial Sale
Property subtype Other
Pets allowed Yes
Subdivision FAIRPLAY JOHNSON ADDN
Lot features Level, Near Public Transit, Near Ski Area
Standard status Active
APN 410
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3981

Utilities

Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s)

Amenities

private bath
kitchenette
French doors
off-street parking
gas fireplace

Building Details

Year built 1981
Roof type Asphalt
Listing Agency: LIV Sotheby's I.R. · Sotheby's International Realty
Listed By: Jeni Friedrich · License #FA100039439
Added: Oct 30, 2025 Changed: Sep 18 Last Checked: Sep 23 at 9:06PM
MLS# S1064127

Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1981 mixed-use property combines a commercial area with an upstairs three-bedroom, one-bath residence. The business portion includes front, rear, and side entrances, a private bathroom, and a kitchenette. A separate side office has its own access and French doors, offering additional enclosed workspace within the commercial layout.

The upper residence is fully furnished and includes wood flooring, a gas fireplace, and a move-in-ready configuration. The property encompasses 0.65 acres across the included lots, with off-street parking and additional outdoor area. Located in Fairplay, the site is zoned Light Industrial and includes natural gas and forced-air heating, along with ceiling fans for cooling.

Key Highlights

  • Commercial space with main, back, and side entrances
  • Upstairs furnished 3 bedroom/1 bath residence
  • 0.65‑acre property including all lots

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 80440, CO

2,564
Population
2,509
Households
1
Avg Household Size
43
Median Age
37%
College-Educated
98%
High-School Grad
324.6 sq mi
ZIP Area
8
Density / Sq Mi
$99,583
Median Household Income
$53,832
Median Earnings
$1,884
Median Rent
$448,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space with an upstairs apartment, off-street parking, and Light Industrial zoning.
Where is this mixed-use property located?
The property is located at 1150 Castello Avenue Fairplay, CO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Commercial space with main, back, and side entrances; Upstairs furnished 3 bedroom/1 bath residence; 0.65‑acre property including all lots
More about this property
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