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Mixed-Use Building with Loft
For Sale
$299,000

511 Main St, Walsenburg, CO 81090

Commercial Building, 1 1/2 story above ground, Commercial, Walsenburg, CO

Property Size2,260 SF
Price / SF$132.30
Days on Market1034

Property Features for 511 Main St

General Information

Property type Commercial Sale
Property subtype Office
Zoning Business, Commercial
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Interior features Ceiling Fans, Fireplace, Bay Windows, Flooring: Wood (Hardwood), Flooring: Carpet, Flooring: Cement
Fireplace 1
Appliances Water Heater
Lot features Access- All Year, Curb & Gutter
Directions From Pueblo: south on I-25; exit Walsenburg; becomes Main Street; first block south of northern traffic light by bank; properties next to Bank.
Subdivision Huerfano County
Standard status Active
APN 20671, 20670
Size 2,260 SF

Taxes and HOA fees

Tax Annual Amount 764

Utilities

Heating system Natural Gas, Wood

Building Details

Year built 1900
Floors in Building 1
Architectural style Other
Listing Agency: Cornerstone Investments International LLC
Listed By: Pamela Tirk · License #EI40005841
Added: Nov 16, 2023 Changed: Sep 13 Last Checked: Sep 15 at 3:06PM
MLS# 2516515

Copyright © 2026 Westcliffe Listing Service. 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 mixed-use property contains two commercial units beneath one roof at 511 and 509 Main St. The 511 side features a large front room with a high ceiling, stucco walls, pine trim, decorative ledges, window alcoves, and a 7X11 fireplace with adjacent wood-box storage. Its upper loft can be converted into a residential apartment. The 509 side includes four finished spaces, wood trim, alley entrances, and extensive electrical upgrades. Both sides have been remodeled, with the 509 unit remodeled in 2009 and roof maintenance or repairs completed in 2018.

The property is located in Walsenburg, approximately 1 mile from I-25, and is zoned Business, Commercial. Interior features include wood, carpet, and cement flooring, ceiling fans, bay windows, bathrooms, and a water heater. Heating is provided by wood and natural gas.

Key Highlights

  • Two commercial units at 511 and 509 Main St. under one roof
  • 511 side has a large front room, high ceiling, window alcoves, and a 7X11 fireplace
  • Upper‑level loft on 511 can be converted into a residential apartment

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Law Firm Real Estate Agency Kitchen & Bath Showroom

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 81090, CO

875
Population
557
Households
1.6
Avg Household Size
48
Median Age
27%
College-Educated
90%
High-School Grad
652.9 sq mi
ZIP Area
1
Density / Sq Mi
$35,227
Median Household Income
$43,750
Median Earnings
$283
Median Rent
$151,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two commercial units combine flexible interiors, distinctive architectural details, and upper-level conversion potential.
Where is this mixed-use property located?
The property is located at 511 Main St Walsenburg, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two commercial units at 511 and 509 Main St. under one roof; 511 side has a large front room, high ceiling, window alcoves, and a 7X11 fireplace; Upper‑level loft on 511 can be converted into a residential apartment
More about this property
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