210 Rainbow Blvd Salida, CO 81201-2347
This exceptional commercial investment opportunity is located at 210 W Rainbow Boulevard, Salida, CO, a high-visibility corner lot on Highway 50 and G Street. The property boasts 3,067 square feet situated on a 0.19-acre lot and is zoned C-1. The building comprises four separate rental units, each designed for versatility and functionality, currently occupied by long-term tenants, providing a stable and consistent income stream. The flexible layout of each unit makes them suitable for a variety of businesses, including retail, office, or service-oriented ventures. The high-traffic location on Highway 50 ensures maximum exposure for tenants, maximizing their potential for success. Ample parking is available, enhancing accessibility and convenience for both tenants and their customers. This property presents a compelling investment opportunity with the potential for excellent returns due to its prime location, strong tenant occupancy, and adaptable unit configurations. The asking price is $949,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.