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Live-Work 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 Market287

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)

Building Details

Year built 1981
Roof type Asphalt
Listing Agency: LIV Sotheby's I.R. · Sotheby's International Realty
Listed By: Jeni Friedrich
Added: Oct 30, 2025 Changed: Aug 11 Last Checked: Aug 12 at 3:06AM
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 live-work property at 1150 Castello Avenue combines commercial space with an upper-level residence. The business area includes front, rear, and side access, a private bathroom, and a kitchenette. A separate office with its own entrance and French doors can support meetings, administrative work, or additional workspace.

The residence contains three bedrooms and one bathroom and is furnished for occupancy. Interior features include wood flooring and a gas fireplace. The property encompasses 0.65 acres across the included lots, with off-street parking and room for additional storage or parking improvements. Built in 1981, the building has forced-air natural gas heating, ceiling fans, and an asphalt roof. Light Industrial zoning provides the governing land-use designation for the property.

Key Highlights

  • 0.65‑acre property including all lots
  • Commercial area with front, rear, and side entries
  • Separate office with private access and French doors

Property Analytics

Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

397
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Commercial space and an upstairs apartment combine business operations with on-site living in a flexible Light Industrial setting.
Where is this live-work space 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: 0.65‑acre property including all lots; Commercial area with front, rear, and side entries; Separate office with private access and French doors
More about this property
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