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    New Castle, CO
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    New Castle, CO Retail Properties & Spaces for Sale

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    Silt, CO Glenwood Springs, CO Rifle, CO Collbran, CO Carbondale, CO Gypsum, CO
    Turnkey Mixed-Use Hospitality Property
    Updated: Jun 22
    Turnkey Mixed-Use Hospitality Property

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    7,474 sqft 0.11 AC lot
    Turnkey mixed‑use income property with 7 residential units plus a ground‑floor commercial space leased to a salon
    Offered at a 9.2% cap rate based on existing lodging operations
    Directly on Main Street, with access/demand draw from the Glenwood Springs/Vail/Aspen corridor
    Frame construction; built in 1898
    Public water; membrane roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    502 W Main Street, New Castle, CO 81647

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $91K
      Annual

    • Mortgage

      $385K
      Jan 2018

    • Property Type

      Commercial (General)
      Built 1898
    View Property Analytics
    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
    View details
    Retail Building with Overhead Door
    Retail Building with Overhead Door

    298 W Main St, New Castle, CO 81647

    Contact for pricing
    4,278 sqft

    One-level retail building with large display windows and an 11'6" x 11'6" overhead door.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    One-Story Commercial Flex Building
    One-Story Commercial Flex Building

    1629 Dolores Way, Carbondale, CO 81623

    $4,195,000
    11,128 sqft 0.75 AC lot

    Fully leased commercial flex building with rear overhead garage doors, 16-foot ceilings, and five commercial bays.

    View details
    Leased Gas Station Property
    Leased Gas Station Property

    23 Mel Rey Road, Glenwood Springs, CO 81601

    $2,500,000
    2,120 sqft 0.47 AC lot

    Fully leased gas station with fuel services and two food trucks on a portion of the lot.

    View details
    Ground-Level Commercial Condo
    Ground-Level Commercial Condo

    6-570 Highway 133, Carbondale, CO 81623

    $625,000

    Ground-level commercial condo with flexible layout and common parking in La Fontana Plaza along Highway 133.

    View details
    Glenwood Springs Mall Investment Opportunity
    Glenwood Springs Mall Investment Opportunity

    51027 Highway 6 & 24, Glenwood Springs, CO 81601

    $15,250,000
    161,572 sqft 13.13 AC lot

    Prime retail space with redevelopment potential in Glenwood Springs, Colorado.

    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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    Riverfront Commercial Land in Silt
    Riverfront Commercial Land in Silt

    1421 River Frontage Road, Silt, CO 81652

    $1,200,000
    15.21 AC lot

    15.21 acres of commercially zoned riverfront property for sale.

    View details
    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.

    View details
    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.

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    Off-Market Properties in New Castle, CO

    Consider similar Off-Market properties in New Castle, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6091 County Rd 335
    SHOW ROOM, WAREHOUSE

    6091 County Rd 335, New Castle, CO 81647

    Value Estimation by Request
    560 sqft 1.00 AC lot
    View details
    800 Castle Valley Blvd
    Retail properties & Spaces

    800 Castle Valley Blvd, New Castle, CO 81647

    Value Estimation by Request
    10,800 sqft
    View details
    38100 Riv Frontage Rd
    SHOW ROOM, WAREHOUSE

    38100 Riv Frontage Rd, New Castle, CO 81647-8701

    Value Estimation by Request
    672 sqft 4.23 AC lot
    View details
    6181 County Rd 335
    SHOW ROOM, WAREHOUSE

    6181 County Rd 335, New Castle, CO 81647-9659

    Value Estimation by Request
    2.00 AC lot
    View details

    New Castle, CO Retail Properties & Spaces Market Trends and Statistics

    Explore 7 retail properties & spaces for sale in New Castle, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,752 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for stores 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Grocery and convenience stores 1

    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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