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Downtown Salida Multi-Use Commercial Building
For Sale
$790,000

331 H Street, Salida, CO 81201

Flexible workspaces with expansion potential in downtown Salida.

Property Size5,202 SF
Price / SF$151.86
Days on Market134

Property Features for 331 H Street

General Information

Standard status Active
Size 5,202 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $7,544

Amenities

3
Membrane

Building Details

Year Built 1950
Listing Agency: Pinon Real Estate Group LLC
Listed By: K. Hale Camp · License #100025035
Source: Xome
Added: Apr 13 Changed: Aug 23 Last Checked: Aug 23 at 10:14AM

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 Pinon Real Estate Group LLC

Investment Insights

Based on property information with market context.

This multi-use commercial building, formerly the Monarch Dairy building, is located in downtown Salida. It features a mix of 4 private offices, 3 light industrial shop bays, storage space, and a warehouse/garage. The property is suitable for small manufacturers, fabricators, design/build studios, and service trades seeking a combined front and back of house location. The interior can be reconfigured to suit single or multi-tenant needs, and there is potential for future vertical infill expansion. The property has a downtown location walkable to Salida's retail, restaurants and riverfront. It is small-manufacture ready and offers drive-in alley access with a practical back-of-house layout and 3-phase power. The current zoning allows for development without setbacks and up to 35' high. The bike score is 84, indicating it is very bikeable, and the walk score is 75, indicating it is very walkable.

Key Highlights

  • Prime downtown Salida location, walkable to retail, restaurants, and the riverfront.
  • Flexible multi‑use commercial building suitable for various businesses.
  • Potential for interior reconfiguration for single or multi‑tenant use and future vertical expansion up to 35 feet.

Property Analytics

Current Use

Tech-Tool Manufacturing Industrial Manufacturer Colorado Creative Manufacturing Consultant

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible workspaces with expansion potential in downtown Salida.
Where is this mixed-use property located?
The property is located at 331 H Street Salida, CO.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Prime downtown Salida location, walkable to retail, restaurants, and the riverfront.; Flexible multi‑use commercial building suitable for various businesses.; Potential for interior reconfiguration for single or multi‑tenant use and future vertical expansion up to 35 feet.
More about this property
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