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    New Castle, CO
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    New Castle, CO Storefront Properties for Sale

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    Silt, CO Glenwood Springs, CO Rifle, CO Collbran, CO Carbondale, CO Gypsum, CO
    Mixed-Use Building with Seven Units
    Updated: Jun 22
    Mixed-Use Building with Seven Units

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    7,474 sqft 0.11 AC lot
    Seven residential units plus a ground‑floor salon suite
    7,474 square feet on 0.11 acres
    9.2% cap rate from existing lodging operations
    C/1 Commercial zoning in New Castle
    Retained restaurant hood vent and grease trap
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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
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Castle, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Street-Level Office Unit
    Street-Level Office Unit

    311 Main Street, Carbondale, CO 81623

    $855,000
    1,018 sqft

    Large windows and direct Main Street frontage support professional office or retail use.

    View details
    Office Building with Highway 82 Frontage
    Office Building with Highway 82 Frontage

    818 Grand Avenue, Glenwood Springs, CO 81601

    $1,350,000
    3,405 sqft 0.06 AC lot

    Office building on Grand Ave (Highway 82) with M2 zoning and parking behind the structure.

    View details
    Retail Space with Mezzanine
    Retail Space with Mezzanine

    100 Midland Avenue Unit 250 & 26, Glenwood Springs, CO 81601

    $1,650,000
    5,560 sqft

    Retail unit features two large open areas, expansive windows, and a mezzanine with private rooms and restrooms.

    View details
    Updated Retail Space
    Updated Retail Space

    600 Co-133, Carbondale, CO 81623

    $240,000
    524 sqft

    Commercial unit in a Carbondale plaza with salon improvements, shared parking, and adaptable space for retail or service operations.

    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.

    High-Visibility Retail with Residential Above
    High-Visibility Retail with Residential Above

    Tree Farm Drive, Basalt, CO 81621

    $2,050,000
    0.46 AC lot

    Approved plans for high-visibility retail plus 10 deed-restricted one-bedroom housing units with 35 parking spaces.

    View details
    PUD-Approved Mixed-Use Development Land
    PUD-Approved Mixed-Use Development Land

    201 Tree Farm Drive, Basalt, CO 81621

    $16,000,000
    1.80 AC lot

    1.8-acre PUD land package with permit-ready plans for multiple mixed-use, retail, and residential developments.

    View details
    Commercial Land with I-70 Access
    Commercial Land with I-70 Access

    3240 F Road, Clifton, CO 81520

    $595,000
    0.50 AC lot

    Half-acre PUD-zoned parcel on F Road with 180 feet of frontage and public water service.

    View details
    Retail Outparcel with Highway Frontage
    Retail Outparcel with Highway Frontage

    1520 Highway 92, Delta, CO 81416

    $265,000

    Safeway outparcel site directly along Highway 92 in Delta with public water service and drive-thru traffic nearby.

    View details

    New Castle, CO Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in New Castle, CO 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 $2,900,000.

    Sale prices for retail units 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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