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Refinished Art Deco Mixed-Use Building
For Sale
$1,525,000

201 S Main St, Lamar, CO 81052

Commercial Sale, Lamar, CO

Property Size25,497 SF
Lot Size0.24 Acres
Price / SF$59.81
Days on Market88

Property Features for 201 S Main St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Subdivision Lamar
Lot features Corner Lot, General Business District
Elementary school RE2
Middle school RE2
High school RE2
Standard status Active
APN 0200061710
Size 25,497 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LAMAR BLK 30 LOTS 1 & 2 & 3 & E 14FT O F N 4FT 4IN OF LOT 4 8032-P 5001-P
Tax Annual Amount 1544
Legal Description LAMAR BLK 30 LOTS 1 & 2 & 3 & E 14FT O F N 4FT 4IN OF LOT 4 8032-P 5001-P

Utilities

Sewer type Public Sewer
Heating system Geothermal (Heating), Natural Gas
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1937
Floors in Building 3
Listing Agency: Wilson Realty
Listed By: Sharon Wilson
Added: Jul 12 Changed: Sep 17 Last Checked: Oct 7 at 7:06PM
MLS# 233413

Copyright © 2026 Pueblo Association of 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.

Built in 1937, this fully refinished Art Deco property combines residential accommodations with substantial commercial improvements. The residential component includes 29 units, including 7 double-room Airbnb units and a loft-style apartment. Commercial areas include a 9,000-square-foot restaurant, barber shop, nail salon, and retail space.

The restaurant portion includes a commercial kitchen equipped with new equipment and a suppression hood, along with a dining room, bar and lounge, private dining areas, a private lounge, patio, and dedicated storage. Updated upper floors feature new furnishings, double-pane solar-glazed windows, LED low-voltage lighting, and low-flow bathroom fixtures. Building systems include geothermal heating using the original well, natural gas heating, central air, and window units.

Additional improvements include remodeled public bathrooms, new water heaters, a water softener, liquor storage, maintenance space, basement storage, painted exterior stucco, replacement entry doors, and exterior lighting. The property occupies 0.242 acres at 201 S Main St in Lamar, Colorado, with public water and public sewer service.

Key Highlights

  • 29 residential units, including 7 double‑room Airbnb units and a loft‑style apartment
  • 9,000‑square‑foot restaurant with commercial kitchen, new equipment, suppression hood, dining, lounge, patio, and storage areas
  • Fully refinished Art Deco building constructed in 1937

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Parking Lot & Garage Kitchen & Bath Showroom Hair 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.

Lease Details

29
Residential units
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 81052, CO

9,142
Population
4,062
Households
2.3
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
675.4 sq mi
ZIP Area
14
Density / Sq Mi
$62,729
Median Household Income
$32,336
Median Earnings
$841
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property combines furnished residences with restaurant, personal-service, and retail components under C-1 zoning.
Where is this mixed-use property located?
The property is located at 201 S Main St Lamar, CO.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 29 residential units, including 7 double‑room Airbnb units and a loft‑style apartment; 9,000‑square‑foot restaurant with commercial kitchen, new equipment, suppression hood, dining, lounge, patio, and storage areas; Fully refinished Art Deco building constructed in 1937
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