420 Main St Walsenburg, CO 81089
This stunning 7,348 square foot retail property at 420 Main Street, Walsenburg, Colorado, presents a unique investment opportunity. Built in 1920, this seven-story building boasts exceptional architectural details, including preserved hardwood floors, wood doors and trim, original cabinets and hardware, and beautifully detailed tin ceilings. The main floor offers a large, open floor plan, ideal for a variety of commercial uses. A separate entrance leads to the second floor, which features former bathrooms, cloakrooms, an office, a large meeting room, a small projection room, and roof access. A full basement provides additional space, totaling three floors of potential. Situated on a 0.08-acre lot (APN 10018) in the heart of Walsenburg's downtown business district, directly across from the Historic Huerfano County Courthouse, this property benefits from high visibility and convenient access. Zoned Community Commercial, this versatile building offers numerous possibilities, including live/work spaces, boutique hotels, art galleries, event venues, or fine dining establishments. The asking price has been significantly reduced, making this a compelling opportunity to acquire a piece of Walsenburg's rich history. This property is located in Huerfano County, Colorado, with a zip code of 81089.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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