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    532 W Main St New Castle, CO 81647

    For Sale
    $459,000

    COMMERCIAL - New Castle, CO

    Property size:
    1,761 SF
    Lot size:
    0.06 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 532 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C/1
    APN
    212331222018
    Size
    1,761 SF
    Lot size
    0.06 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1893
    Floors in Building
    1
    Building materials
    Frame
    Roof type
    Composition

    RE/MAX Country (970) 379-4002 [email protected]

    Listing agent Deborah L Sanderson (970) 984-9600

    Listing date Nov 24, 2025

    Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown New Castle Commercial Property

    This unique property is located on Main Street in downtown New Castle. The property is zoned commercial (C/1), allowing for many possible uses, including professional office, personal services, medical/dental, retail, salon, day care, studio, gallery, and home occupation. The historical building, dating back to 1893, features new interior paint and newly stained exterior. The property includes new carpet in the loft and shed, as well as vinyl flooring. Large windows provide ample natural light. On-street parking is available, along with two private spaces in the back. The property is currently configured as a 3-bedroom, 1-bath residence on the ground floor, with a loft area, a large living/dining area, a kitchen, and a laundry/storage room. A fenced backyard and an outside shed are included. The lot size is 0.06 acres. The property size is 1761 square feet. The location provides easy access to downtown New Castle amenities, including parks, the library, restaurants, retail establishments, and professional services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.535704
    Latitude
    39.571706

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    FAQs

    What type of property is this?
    Retail space - Unique commercial property in downtown New Castle with multiple uses.
    Where is this retail space located?
    The property is located at 532 W Main St New Castle, CO.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Commercial zoning offers versatility for office, retail, medical, and more; - Prime Main Street location in downtown New Castle with easy access to amenities; - Historical 1893 building features recent updates including new paint, stain, and carpet
    (970) 984-9600
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    New Castle, CO 81647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    532 W Main St New Castle, CO 81647
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