508 - 510 Main St, Walsenburg, CO 81089
Huerfano County
Key Facts
Description
Historic mixed-use property on Main Street, Walsenburg, CO, offering significant income, renovation, and live-work potential. Totaling 6,370 sq. ft., this versatile building includes two finished downstairs units, a large garage/warehouse, and an expansive unfinished upstairs space. Downstairs Units:508 Main: Multi-use space (gallery, retail, office, live-work) featuring a large open area, enclosed room, loft, half bath, and adjacent warehouse access. 510A Main: Established rental/Airbnb unit with open-concept living/dining, modern kitchen, full bath, laundry, and garage access. Both units have received significant plumbing and electrical upgrades since 2016. Upstairs (510B): ~2,500 sq. ft. of potential across 9 rooms. Currently unfinished, preserving original historic details like woodwork and hardwood floors. Recent electrical upgrades completed. Located in the heart of Spanish Peaks Country, the property benefits from high tourist traffic near Lathrop State Park and the Great Sand Dunes. Within walking distance to dining, shopping, museums and more. This is an ideal investment for a downtown business or income property—live in one unit while generating income from the other, or renovate the upstairs for residence or additional rentals. Schedule your showing to explore the possibilities today.
Property Information
Property Type
Commercial Sale
Year Built
1888
Living Area
6,370 sq ft
Lot Size
0.09 acres
Lot Dimensions
35'6"x110'
Ownership
Seller
Zoning
C-2
Days on Market
1
MLS® Listing#
241034
Property Features
Cooling
Heating
Parking
Roof
Sewer
Water Source
Schools
- District:
- RE-1
Financial Details
HOA
None
Parcel Number
31646
Directions
Located on the east side of Main St, between 5th and 6th Streets.
Affordability Calculator
$65,000
Estimated monthly payment
$1,730/mo
Principal $260,000 · Est. interest $362,723 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Walsenburg, CO
- $358,696
- Median Listing Price
- 152
- Median Days on Market
- 2,000
- Median Sq Ft
- $197
- Median Price / Sq Ft
- 117
- Active Listings
- This home’s price is 9% below the area median.
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Walsenburg, CO.
Location
Points of Interest in Walsenburg, CO
Showing the Walsenburg area map.
Nearby Schools
Washington School
School · 0.1 mi away
Huerfano School District Re-1
School · 0.1 mi away
John Mall High School
Secondary · 0.8 mi away
Peakview School
Elementary · 0.8 mi away
La Veta High School
Secondary · 15.0 mi away
La Veta Elementary School
Elementary · 15.0 mi away
Aguilar Elementary School
Elementary · 16.7 mi away
Rye High School
Secondary · 22.3 mi away
Rye Elementary School
Elementary · 22.3 mi away
Craver Middle School
Secondary · 23.2 mi away
Gardner Elementary School
Elementary · 23.8 mi away
Hoehne High School
Secondary · 32.6 mi away
Beulah School
Elementary · 33.0 mi away
Primero Re School District
Elementary · 34.3 mi away
Trinidad Middle School
Secondary · 34.5 mi away
Trinidad High School
Secondary · 34.6 mi away
Roncalli Stem Academy
School · 35.2 mi away
Grace Christian School
School · 35.5 mi away
Fisher's Peak Elementary School
Elementary · 36.5 mi away
Sierra Grande School
School · 39.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 Majors Ranch, Walsenburg, CO | $230,000 | — | — | — |
| 19 Majors Ranch, Walsenburg, CO | $230,000 | — | — | — |
| 19 Majors Ranch, Walsenburg, CO | $230,000 | — | — | — |
| 1008 W 7th Street, Walsenburg, CO | $240,000 | 3 | 1 | 2,240 |
| 1008 W 7th St, Walsenburg, CO | $240,000 | 3 | 1 | 2,240 |
| 1008 W 7th St, Walsenburg, CO | $240,000 | 3 | 1 | 2,240 |
Moving Cost Estimate
EXIT Agents in Walsenburg
Listing Courtesy: Code of the West Real Estate LLC - 7197423626
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.