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    210 Rainbow Blvd Salida, CO 81201

    For Sale
    $949,000

    Four-unit commercial building, high-traffic location.

    Property size:
    3,067 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial investment opportunity is located at 210 W Rainbow Boulevard, Salida, CO, a high-visibility corner lot on Highway 50 and G Street. The property boasts 3,067 square feet situated on a 0.19-acre lot and is zoned C-1. The building comprises four separate rental units, each designed for versatility and functionality, currently occupied by long-term tenants, providing a stable and consistent income stream. The flexible layout of each unit makes them suitable for a variety of businesses, including retail, office, or service-oriented ventures. The high-traffic location on Highway 50 ensures maximum exposure for tenants, maximizing their potential for success. Ample parking is available, enhancing accessibility and convenience for both tenants and their customers. This property presents a compelling investment opportunity with the potential for excellent returns due to its prime location, strong tenant occupancy, and adaptable unit configurations. The asking price is $949,000.

    Property Features for 210 Rainbow Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    3,067 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1963
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Our Glass Boutique Stained Glass Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salida
    County
    Chaffee
    State
    Colorado
    Longitude
    -106.0056
    Latitude
    38.5244

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    FAQs

    What type of property is this?
    Retail property - Four-unit commercial building, high-traffic location.
    Where is this retail property located?
    The property is located at 210 Rainbow Blvd Salida, CO.
    What is the asking price?
    The asking price for this property is $949,000.
    (719) 539-0200
    Request Owner's contact information
    210 Rainbow Blvd Salida, CO 81201
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    Salida, CO 81201
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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
    210 Rainbow Blvd Salida, CO 81201
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