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OFF-MARKET
Retail properties & Spaces

136 Old Stage Rd Salida, CO 81201

1,000 SF 0.26 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Salida, Colorado presents a unique investment opportunity. Located in the desirable Two Rivers neighborhood within The Commons, a walkable mixed-use community, this property boasts a prime location just east of the intersection of Highways 50 and 291. The offering includes a 1,000-square-foot ground-level commercial space, perfect for a variety of retail businesses. The space features one bathroom. A separate residential condo is also available, totaling 931 square feet and offering two bedrooms, one and a half bathrooms, high ceilings, hardwood floors, quartz countertops, and tile bathrooms. A gas fireplace and large windows add to the condo's appeal, with a patio providing stunning views of the Little Arkansas River. The condo's south-facing exposure maximizes natural light and river views. The commercial space and condo are situated on a 0.26-acre lot and share a building, with the potential to be connected internally. The commercial space is listed at $350,000. The property is part of the new Mayfly Salida development, a modern, multi-use complex in a highly sought-after area. The Commons offers 500 feet of gorgeous river frontage, enhancing the overall appeal and desirability of this exceptional investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 1,000 SF
Lot 0.26 ac (11,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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