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    518 Main St Walsenburg, CO 81089

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    For Sale
    $235,000

    Storefront property in historic downtown Walsenburg with flexible living space.

    Lot size:
    0.06 Acres

    Property Features for 518 Main St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1889

    Source: Code of the West Real Estate Agent Sarah Jardis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Main Street Live-Work Space

    This live-work space is located on Main Street in historic downtown Walsenburg. The property features a historic 1889 storefront with traditional display windows and open floorspace. It is suitable for a studio, gallery, retail, or office. The property includes flex space with an office/lounge, kitchen, full bathroom with clawfoot tub and shower, and an upper-level loft. A private fenced back patio features an artist's mural and hot tub. Additional amenities include covered off-street parking and a small storage/shop. The property is located next to the pharmacy and close to coffee shops, restaurants, a brewery, museums, and overnight rentals. The location has approximately 3 million annual vehicle count.
    Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    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
    Walsenburg
    County
    Huerfano
    State
    Colorado
    Longitude
    -104.780839
    Latitude
    37.624357

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    FAQs

    What type of property is this?
    Live-work space - Storefront property in historic downtown Walsenburg with flexible living space.
    Where is this live-work space located?
    The property is located at 518 Main St Walsenburg, CO.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - High-traffic Main St location with **historic 1889 storefront ideal for business**.; - Live-work space with flexible layout including office/lounge, kitchen, full bathroom, and loft.; - Private fenced back patio with artist's mural and **hot tub for relaxation**.
    (970) 376-3434
    Request Owner's contact information
    518 Main St Walsenburg, CO 81089
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    Walsenburg, CO 81089
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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
    518 Main St Walsenburg, CO 81089
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