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    New Castle, CO
    Short Term Rental

    New Castle, CO Short Term Rental Properties for Sale

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    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
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    Remodeled Mixed-Use Investment with STR Units
    Updated: Jun 16
    Remodeled Mixed-Use Investment with STR Units

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    Seven residential units currently used as short‑term rentals
    Main‑level commercial unit leased to a salon through 2029
    Current cap rate of over 9.22% if run as an STR operation
    Nearly 12% pro‑forma cap described for long‑term rental conversion
    Entire property remodeled and updated
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    Turnkey Mixed-Use Income Property
    Turnkey Mixed-Use Income Property

    502 W Main St, New Castle, CO 81647

    $1,450,000

    Turnkey mixed-use building with seven residential units and a ground-floor salon lease, plus retained restaurant venting.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Restaurant with Short-Term Rentals
    Mixed-Use Restaurant with Short-Term Rentals

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Fully renovated restaurant space plus five private rooms for short-term rental use.

    View details
    Short-Term Rental Property with Restaurant
    Short-Term Rental Property with Restaurant

    2323 S Grand Mesa Drive, Cedaredge, CO 81413

    $850,000
    9,365 sqft 0.38 AC lot

    Fully renovated short-term rental property with restaurant space and five private rooms for guests.

    View details
    Duplex with Mountain View Windows
    Duplex with Mountain View Windows

    1410 Buffehr Creek, Vail, CO 81657

    $3,295,000
    3,985 sqft 0.33 AC lot

    A 4-bedroom, 4-bath duplex in a quiet cul-de-sac with floor-to-ceiling windows and multiple outdoor living areas.

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    Updated Duplex Residence
    Updated Duplex Residence

    1359 Greenhill Court E, Vail, CO 81657

    $4,950,000
    3,189 sqft 0.17 AC lot

    Updated duplex with four bedrooms, four bathrooms, heated driveway, two-car garage, deck, and private hot tub.

    View details

    New Castle, CO Short Term Rental Properties Market Trends and Statistics

    Explore 3 short term rental properties for sale in New Castle, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,474 square feet of properties for sale, with an estimated market value of $4,350,000.

    Sale prices for short term rental properties 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

    Duplexes 3
    Short term rental properties 3
    Apartment buildings 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%

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