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    108 Main St Westcliffe, CO 81252

    For Sale
    $789,000

    7,060 sq ft, 1 acre, prime location

    Property size:
    7,060 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This unique 7,060 square foot property at 108 Main Street, Westcliffe, CO, presents a rare opportunity to own a versatile mixed-use building on a one-acre lot. The building is thoughtfully divided into three distinct areas, offering exceptional flexibility for residential and commercial ventures. The residential space boasts ample living area with two kitchens, three bedrooms, two bathrooms, a living room, an office/study, and a laundry room. A back porch provides stunning views of the Sangre de Cristo mountains. The commercial spaces, totaling over 4,700 square feet, offer significant potential. One area, exceeding 3,000 square feet, and another over 1,700 square feet, have previously served as retail space and an automotive service company, and more recently as a bar and tasting room. A custom-built bar crafted from timbers of a local mine shaft remains a striking feature. The property features two overhead garage doors for convenient access from both the front and rear, along with two retail entrances facing Main Street and a separate office within the retail section. This exceptional property is ideally suited for a variety of uses, including a restaurant, apartments, or short-term rentals, making it an attractive investment in a desirable location. The possibilities are vast, limited only by your imagination.

    Property Features for 108 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,060 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1909
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Department Store Building Supply Accounting Firm Wholesale Shop Electrical Service Shopping Mall Home Appliance Store Travel Agency Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Westcliffe
    County
    Custer
    State
    Colorado
    Longitude
    -105.4694
    Latitude
    38.13583

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    FAQs

    What type of property is this?
    Commercial real estate - 7,060 sq ft, 1 acre, prime location
    Where is this commercial real estate located?
    The property is located at 108 Main St Westcliffe, CO.
    What is the asking price?
    The asking price for this property is $789,000.
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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
    108 Main St Westcliffe, CO 81252
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