Building Details

Building Size 754 SF

Year Built 1900

Stories 2

Units 1

Listing Agency: First Colorado Land Office Inc

Listed By: Shawn Allison · License #100079453 Show Phone

Source: Elliman

Added: Oct 7 Last Checked: Oct 14 at 11:18PM

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Investment Insights

Based on property information with market context.

This retail space is located in the Sherman Hotel Building, a historic property constructed in 1900. The premises occupy a corner at West 1st Street and G Street in downtown Salida, near the entrance to the Historic District. An active business currently operates in the space.

The surrounding commercial area includes restaurants, art galleries, retail shops, and other established businesses. The corner setting provides exposure to both vehicle and pedestrian traffic, with downtown Salida nearby.

Key Highlights

• Located in the Sherman Hotel Building, constructed in 1900
• Corner location at West 1st Street and G Street in downtown Salida
• Active business currently operates in the space

Property Analytics

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Current Use

The SHERMAN LOFTS Hotel & Motel Adventure Outpost by ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store HVAC Service Pet Store

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

904

Businesses Nearby

24k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 95% Shops & Services 5%

Safeway Groceries

18,158 visits/mo 0.1 miles

Natural Grocers Groceries

4,824 visits/mo 0.1 miles

BMO Harris Bank Shops & Services

855 visits/mo 0.1 miles

FedEx Office Print & Ship Center Shops & Services

280 visits/mo 0.2 miles

Demographics for 81201, CO

9,128

Population

5,407

Households

1.7

Avg Household Size

51

Median Age

52%

College-Educated

97%

High-School Grad

400.6 sq mi

ZIP Area

23

Density / Sq Mi

$70,850

Median Household Income

$41,244

Median Earnings

$1,614

Median Rent

$631,700

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Retail space - A corner position places the premises among downtown Salida’s restaurants, galleries, shops, and other businesses.

Where is this retail space located?

The property is located at 151 W 1st St Salida, CO.

What is the lease rate?

The lease rate is $3,000/Mo.

What are key features of this property?

This property features: Located in the Sherman Hotel Building, constructed in 1900; Corner location at West 1st Street and G Street in downtown Salida; Active business currently operates in the space