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Historic Mixed-Use Building with Live-Work Space
For Sale
$325,000

508 - 510 Main St, Walsenburg, CO 81089

Commercial Sale, Walsenburg, CO

Property Size6,370 SF
Lot Size0.09 Acres
Price / SF$51.02
Days on Market47

Property Features for 508 - 510 Main St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Subdivision Walsenburg
Lot features Historic Business District
Elementary school RE-1
Middle school RE-1
High school RE-1
Standard status Active
APN 31646
Size 6,370 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT OF L 4, B 33, WALSEN ADDITION - lengthy, see Addendum under Documents tab
Tax Annual Amount 1592
Legal Description PT OF L 4, B 33, WALSEN ADDITION - lengthy, see Addendum under Documents tab

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1888
Floors in Building 2
Roof type Rubber, Flat
Listing Agency: Code of the West Real Estate LLC
Listed By: Sarah Jardis · License #FA.100073423
Added: Jul 8 Changed: Aug 19 Last Checked: Aug 23 at 1:06PM
MLS# 241034

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.

This historic mixed-use property totals 6,370 SF and is built for flexible occupancy. The first floor includes two finished downstairs units. 508 Main offers multi-use space with a large open area, enclosed room, loft, half bath, and adjacent warehouse access. 510A Main is an open-concept rental/Airbnb-style unit with living/dining space, a modern kitchen, full bath, laundry, and garage access. Since 2016, both downstairs units have received significant plumbing and electrical upgrades.

An expansive upstairs area (510B) provides approximately 2,500 SF across 9 rooms and is currently unfinished while preserving original historic details, including woodwork and hardwood floors. The building also features a large garage/warehouse.

Zoned C-2, the property is on Main Street in Walsenburg, CO within the Spanish Peaks Country area. It’s described as benefiting from high tourist traffic near Lathrop State Park and the Great Sand Dunes, with dining, shopping, and museums within walking distance. Public water and public sewer services are provided, and the roof is listed as flat with rubber roofing. Heating is electric baseboard, and the recent electrical upgrades mentioned include work completed for the upstairs.

Key Highlights

  • Total size 6,370 SF on 0.092‑acre lot with garage/warehouse
  • Two finished downstairs units: 508 Main and 510A Main
  • Upstairs 510B offers ~2,500 SF across 9 rooms, currently unfinished

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Law Firm Real Estate Agency Kitchen & Bath Showroom

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 81089, CO

4,656
Population
2,415
Households
1.9
Avg Household Size
53
Median Age
23%
College-Educated
89%
High-School Grad
940.4 sq mi
ZIP Area
5
Density / Sq Mi
$50,833
Median Household Income
$32,374
Median Earnings
$728
Median Rent
$180,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use building with two finished downstairs units, C-2 zoning, and an expansive unfinished upstairs area.
Where is this mixed-use property located?
The property is located at 508 - 510 Main St Walsenburg, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Total size 6,370 SF on 0.092‑acre lot with garage/warehouse; Two finished downstairs units: 508 Main and 510A Main; Upstairs 510B offers ~2,500 SF across 9 rooms, currently unfinished
More about this property
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