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    New Castle, CO
    Mixed-Use

    New Castle, CO Mixed-use Properties for Sale

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    Mixed-Use Property with Short-Term Rentals
    Updated: Jun 16
    Mixed-Use Property with Short-Term Rentals

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    Downtown Main Street New Castle, CO mixed commercial and multi‑family short‑term rental investment property
    7 individual residential units currently operated as short‑term rentals (AirBNB/VRBO)
    Main level commercial unit with infrastructure for a restaurant; currently leased to a salon through 2029
    Remodeled and updated throughout; includes all furnishings, equipment, and FF&E for the short‑term rental business
    Current cap rate over 9.22% if operated as an STR; pro‑forma cap nearly 12% if converted to long‑term rentals
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    Turnkey Mixed-Use Income Property
    Updated: Jun 23
    Turnkey Mixed-Use Income Property

    502 W Main St, New Castle, CO 81647

    $1,450,000
    Turnkey mixed‑use building (1898) on Main Street with 7 residential units plus ground‑floor commercial space
    Ground‑floor salon space is currently leased; retained restaurant hood vent and grease trap preserve future food/beverage potential
    New pricing: offered at a 9.2% cap rate based on current lodging operations
    Established lodging operations across major short‑term rental platforms with existing listings, systems, and reviews
    Flexible use options: continue as STR, pivot to furnished monthly stays, or convert to long‑term residential leasing
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    248 E 1st Street, Parachute, CO 81635

    $590,000
    2,412 sqft 0.12 AC lot

    Mixed-use property with commercial space on the ground level and a 2-bedroom, 1-bath apartment above.

    View details
    Mixed-Use Property with River Frontage
    Mixed-Use Property with River Frontage

    0044 Hooks Lane, Basalt, CO 81621

    $16,400,000
    11.76 AC lot

    Mixed-use site with river frontage, existing commercial and residential leases, plus a single-family home, outbuildings, land, and pond.

    View details
    Historic Landmark Mixed-Use Potential
    Historic Landmark Mixed-Use Potential

    165 Midland Avenue, Basalt, CO 81621

    $12,500,000
    5,364 sqft 0.32 AC lot

    Iconic Basalt property with redevelopment potential in prime downtown location.

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    Shell Mixed-Use Building
    Shell Mixed-Use Building

    85 Sipprelle Drive, Parachute, CO 81635

    $745,000
    10,108 sqft

    Two-story shell building with 10,108 SF, zoned BC for a broad range of commercial uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Downtown New Castle
    Commercial Land in Downtown New Castle

    W Main St, New Castle, CO 81647

    $330,000
    0.17 AC lot

    Commercial lot in historic downtown New Castle with high visibility.

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    Glenwood Springs Commercial Development Opportunity
    Glenwood Springs Commercial Development Opportunity

    51579 Highway 6 & 24, Glenwood Springs, CO 81601

    $5,500,000
    3.00 AC lot

    Prime commercial land for development in Glenwood Springs, Colorado.

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    32 Acres in Rifle, Colorado
    32 Acres in Rifle, Colorado

    Mamm Crk Rd ''Mamm Crk Exit'', Rifle, CO 81650

    $700,000
    32.00 AC lot

    32 acres of commercial land for sale in Rifle.

    View details
    528 Acres in Rifle, Colorado
    528 Acres in Rifle, Colorado

    Hunter Mesa ''Bottom S, Rifle, CO 81650

    $2,000,000
    528.00 AC lot

    Large land parcel with deeded water rights in Rifle.

    View details

    New Castle, CO Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in New Castle, CO on our real estate platform.

    Sale prices for multi use buildings in New Castle, CO average $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,037
    Population Growth (5Y) -4.0%
    Median Household Income $80,139
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

    Identify New Castle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    81647 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Garfield County

    New Delisted

    Total CRE Inventory on Market (SF)

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