Mixed Use Storefront For Sale By Owner in Walsenburg, CO

Property Description

Mixed-Use Commercial Property For Sale By Owner in Walsenburg, CO – Historic Storefront with Rental Income Potential Don’t miss your chance to own a prime mixed-use commercial building in downtown Walsenburg, Colorado, located on high-traffic Main Street.
Offered For Sale By Owner (FSBO), this large historic property is ideal for investors, entrepreneurs, or artists seeking a unique space with strong income potential.
With original tin ceilings, hardwood floors, and plaster walls, the building retains its vintage charm while offering multiple modern updates and possibilities for residential, commercial, or creative use.
The building includes two updated mixed-use units on the ground floor (units 508 and 510A Main Street), each approximately 1,250 square feet, and a 2,500 square foot unfinished upstairs space (unit 510B) ready for custom development.
Both ground-level units were updated in 2016 and 2018, with electrical upgrades completed in 2016 and 2021.
These units maintained six years of uninterrupted rental history until recently being vacated for sale.
The first unit has functioned successfully as both a loft-style apartment and an Airbnb, featuring an open-concept living/dining/kitchen space, a laundry area, full bathroom, and a spacious bedroom with access to a rear hallway, storage space, and small garage.
Unique touches like original mural artwork by a local artist add one-of-a-kind character, and the unit is currently shown furnished.
The second unit has served as a commercial space and was previously home to a regional newspaper.
It includes a large open area, one enclosed room, a loft (both convertible into bedrooms or workspaces), and a half bathroom.
A warehouse space is located behind this unit, offering added functionality and storage.
The unfinished upstairs (510B) offers approximately 2,500 square feet with 9 rooms and exceptional potential for residential units, a studio, or office spaces.
It retains original woodwork, vintage glass, and hardwood floors.
Recent additions include a new electrical panel and wiring to the roof, ready for a future air conditioning system.
Situated in a growing tourism hub, Walsenburg sees thousands of RV and motorcycle tourists each year.
Attractions like Lathrop State Park (4 miles away) and the Great Sand Dunes National Park draw consistent foot traffic.
This building is walking distance to coffee shops, restaurants, grocery stores, banks, galleries, antique stores, and entertainment venues.

Details & Amenities

Property Address

508 Main St, Walsenburg, CO 81089, USA, City - Huerfano County