
501 Central Avenue, Dolores, CO 81323
Dolores Original · Montezuma County
Key Facts
Description
Mixed-Use Space in the Heart of Dolores! Historic commercial retail space in downtown Dolores currently being used as residential. This is the original bank building in Dolores, it was extensively remodeled in 2017. Built in 1928, this charming building retains much of it original charm with vaulted tin ceilings and big windows filling it with light. This investment has many potential uses, located right on the Central Ave for great retail exposure. Could be a good live/work situation. Current owner used property as a residential 1 bedroom. Centrally located close to all Dolores' mainstays: The pub, the market, the river and lake! Great front and back porches to take in views of the hillside and town activities. Large fenced yard with big shed for all the toys. Appliances are included: Range/Oven, Refrigerator, microwave, washer, dryer. Come recreate directly from home in Dolores!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1928
Stories
1
Living Area
2,000 sq ft
Lot Size
0.08 acres
Zoning
Commercial
MLS® Listing#
834731
Property Features
Appliances
Heating
Flooring
Basement
Patio
Lot Features
Construction
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Dolores K-5
- Middle:
- Dolores 6-8
- High:
- Dolores 9-12
Financial Details
HOA
None
Annual Taxes
$1,371
Tax year 2026
Parcel Number
535909402009
Directions
Take Hwy 145 to 5th St. Turn left on 5th and take 1 block. Property is on the NE corner of Central and 5th.
Affordability Calculator
$86,800
Estimated monthly payment
$2,310/mo
Principal $347,200 · Est. interest $484,375 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dolores, CO
- $675,000
- Median Listing Price
- 72
- Median Days on Market
- 2,022
- Median Sq Ft
- $346
- Median Price / Sq Ft
- 69
- Active Listings
- This home’s price is 36% below the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dolores, CO.
Location
Map is currently unavailable for this location.
Points of Interest in Dolores, CO
Showing the Dolores area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1502 Hillside Avenue C, Dolores, CO | $310,000 | 3 | 3 | 1,248 |
| 1502 Hillside Avenue D, Dolores, CO | $315,000 | 3 | 3 | 1,248 |
| 107 N 15th Street Unit C, Dolores, CO | $320,000 | 3 | 3 | 1,296 |
| 16299 Road 30.7, Dolores, CO | $330,000 | 1 | 1 | 600 |
| 23810 Highway 184, Dolores, CO | $339,900 | 4 | 2 | 1,504 |
| 25971 Road U.65, Dolores, CO | $365,000 | 4 | 2 | 1,620 |
Moving Cost Estimate
EXIT Agents in Dolores
Listing Courtesy: 4 Corners Properties Inc.
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Real Estate listings held by companies other than 4 Corners Properties Inc. contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

















