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550 Castello Avenue Fairplay, CO 80440

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For Sale
$1,400,000

Turn-key, renovated 5-unit apartment building near Breckenridge Resort.

Type:Commercial/Industrial
Property size:
5,300 SF
Lot size:
0.34 Acres
Added:
Mar 11, 2026
Days on Market:
22
Last Refresh:
Mar 27 at 2:51 am

Property Features for 550 Castello Avenue

General Information

Standard status
Active
Size
5,300 SF
Lot size
0.34 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1912

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Listing Contact
Kevin Broadrick

Listing agent Kevin Broadrick License #100045268

Listing office Paffrath & Thomas Real Estate

Listing date Mar 11, 2026

Source Exitrealty

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 Paffrath & Thomas Real Estate


Overview

Remodeled Five-Unit Apartment Building

This 5-unit apartment building is located in Fairplay, Colorado. The remodeled property contains over 5,300 square feet and includes 13 bedrooms across the 5 apartments. Each unit features new kitchens, bathrooms, flooring, paint, lighting, and water heaters. Unit 1 has 3 bedrooms, 1 bathroom, a mud room, a dining room, and ground floor access. Unit 2 features 4 bedrooms, 1 3/4 bathrooms, top floor access, and a deck. Unit 3 includes 2 bedrooms, 1 1/2 bathrooms, an office, and ground floor access. Unit 4 offers 2 bedrooms, 1 bathroom, a dining room, top floor access, and a deck. Unit 5 has 2 bedrooms, 1 bathroom, a mud room, a walk-in pantry, a walk-in closet, and ground floor access, as well as an unfinished basement. The property has a new roof and a full interior remodel. Additional features include a common-area laundry room, a wrap-around driveway with abundant parking, an unfinished basement area, and an on-site dumpster. The property is located 22 miles from Breckenridge Resort and 2 blocks from Highway 9.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Hair Salon Nail Salon Food Market HVAC Service Grocery & Convenience Store Furniture & Home Goods Big Box & Wholesale Store Electronics & Wireless Store Car Rental Facility Bakery

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Fairplay
County
Park
State
Colorado
Longitude
-105.981
Latitude
39.1352

FAQs

What type of property is this?
Apartment building - Turn-key, renovated 5-unit apartment building near Breckenridge Resort.
Where is this apartment building located?
The property is located at 550 Castello Avenue Fairplay, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Turn‑key, fully remodeled 5‑unit apartment building.; Potential for consistent and lucrative rental income.; Located 22 miles from Breckenridge Resort.
More about this property
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