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Historic Mixed-Use Building with Garage
For Sale
$325,000

508 - 510 Main Street, Walsenburg, CO 81089

Historic mixed-use property includes two downstairs units, a large garage/warehouse, and an unfinished upstairs space.

Property Size6,370 SF
Price / SF$51.02
Days on Market55

Property Features for 508 - 510 Main Street

General Information

Standard status Active
Size 6,370 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $1,592

Amenities

3
Rolled

Building Details

Year Built 1888
Year Renovated 2016
Listing Agency: Code of the West Real Estate
Listed By: Sarah Jardis · License #100073423
Source: Xome
Added: Jul 1 Changed: Aug 24 Last Checked: Aug 23 at 6:44AM

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 Code of the West Real Estate

Investment Insights

Based on property information with market context.

This historic mixed-use building features two finished downstairs units, a large garage/warehouse, and an expansive unfinished upstairs area. 508 Main is a multi-use space with a large open area, an enclosed room, a loft, a half bath, and adjacent warehouse access. 510A Main is an established rental/Airbnb-style unit with an open-concept living/dining area, a modern kitchen, a full bath, laundry, and garage access. Both downstairs units have had significant plumbing and electrical upgrades since 2016. Upstairs (510B) offers potential across nine rooms and is currently unfinished, preserving original historic details including woodwork and hardwood floors, with recent electrical upgrades already completed.

Located on Main Street in Walsenburg, Colorado, the property is described as being in Spanish Peaks Country with high tourist traffic near Lathrop State Park and the Great Sand Dunes. The property is also noted as being within walking distance to dining, shopping, museums, and other downtown amenities.

The building’s configuration supports flexible use across the finished downstairs spaces and the unfinished upstairs, alongside the included garage/warehouse area for added functionality.

Key Highlights

  • Historic 6,370 sq. ft. mixed‑use building on Main Street in Walsenburg with two finished downstairs units plus an unfinished upstairs
  • Downstairs unit at 508 Main offers multi‑use space (gallery, retail, office, live‑work) plus enclosed room, loft, half bath, and adjacent warehouse access
  • Downstairs unit at 510A Main is an established rental/Airbnb unit with open‑concept living/dining, modern kitchen, full bath, laundry, and garage access

Property Analytics

Current Use

Live-work 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.

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use property includes two downstairs units, a large garage/warehouse, and an unfinished upstairs space.
Where is this mixed-use property located?
The property is located at 508 - 510 Main Street 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: Historic 6,370 sq. ft. mixed‑use building on Main Street in Walsenburg with two finished downstairs units plus an unfinished upstairs; Downstairs unit at 508 Main offers multi‑use space (gallery, retail, office, live‑work) plus enclosed room, loft, half bath, and adjacent warehouse access; Downstairs unit at 510A Main is an established rental/Airbnb unit with open‑concept living/dining, modern kitchen, full bath, laundry, and garage access
More about this property
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