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Mixed-Use Property with Residence
For Sale
$690,000

1150 Castello Avenue, Fairplay, CO 80440

An upstairs residence and ground-floor commercial area bring living and business space together in one property.

Property SizeContact for details
Days on Market586

Property Features for 1150 Castello Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning Light Industrial

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $3,981

Building Details

Year Built 1981
Units 1
Listing Agency: Denver Real Estate Connection
Listed By: Kayla Okafor
Source: Denverrealestateconnection
Added: Mar 18, 2025 Changed: Oct 23 Last Checked: Oct 23 at 5:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Denver Real Estate Connection

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Investment Insights

Based on property information with market context.

The property pairs a ground-floor commercial area with a furnished upstairs apartment. The commercial space has front, rear and side entrances, a private bathroom and a kitchenette. A separate side office has its own entrance and French doors. Upstairs, the 3-bedroom, 1-bath residence includes wood floors and a gas fireplace and is described as move-in ready. The building dates to 1981.

Located at 1150 Castello Avenue in Fairplay, the property is zoned Light Industrial. Off-street parking is available, and the offering includes all lots.

Key Highlights

  • Furnished upstairs apartment with 3 bedrooms and 1 bath
  • Ground‑floor commercial space with front, rear and side entrances
  • Separate side office with private access and French doors

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An upstairs residence and ground-floor commercial area bring living and business space together in one property.
Where is this mixed-use property 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: Furnished upstairs apartment with 3 bedrooms and 1 bath; Ground‑floor commercial space with front, rear and side entrances; Separate side office with private access and French doors
More about this property
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