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Historic Main Street Live-Work Space
For Sale
$180,000

518 Main St, Walsenburg, CO 81089

Storefront with living space in historic downtown Walsenburg.

Property Size1,616 SF
Lot Size0.06 Acres
Days on Market186

Property Features for 518 Main St

General Information

Standard status Active
Size 1,616 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,073

Building Details

Building Size 1,616 SF
Year Built 1889
Units 1
Listing Agency: Code of the West Real Estate LLC
Listed By: Sarah Jardis · License #100073423
Source: Elliman
Added: Mar 10 Changed: Sep 10 Last Checked: Sep 10 at 9:25AM

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 LLC

Investment Insights

Based on property information with market context.

This Main Street storefront offers a live-work space suitable for a studio, gallery, retail, or office. The property features a high-traffic Main Street location with a historic 1889 storefront, traditional display windows, and open floorspace. The private side includes flex space with an office/lounge, kitchen, a full bathroom with a clawfoot tub and shower, and an upper-level loft. For relaxation, there is a private fenced back patio with an artist's mural and hot tub. Additional features include covered off-street parking and a small storage/shop. Located next to the pharmacy and close to coffee shops, restaurants, a brewery, museums, and overnight rentals, it is situated in the nexus of historic downtown Walsenburg. The location benefits from approximately 3 million annual vehicle count.

Key Highlights

  • High‑traffic Main St location with historic 1889 storefront ideal for business
  • Live‑work space with flexible layout including office/lounge, kitchen, full bathroom, and upper‑level loft
  • Private fenced back patio with artist's mural and hot tub for relaxation

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Live-work space - Storefront with living space in historic downtown Walsenburg.
Where is this live-work space located?
The property is located at 518 Main St Walsenburg, CO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: High‑traffic Main St location with historic 1889 storefront ideal for business; Live‑work space with flexible layout including office/lounge, kitchen, full bathroom, and upper‑level loft; Private fenced back patio with artist's mural and hot tub for relaxation
More about this property
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