5602 E US Highway 50, Salida, CO 81201
Chaffee County
Key Facts
Description
Exceptional commercial opportunity featuring a fully functional 528 square foot retail building with outstanding live work flexibility and long term income potential. The separate retail structure provides an ideal space for a storefront, professional office, studio, service based business, or boutique operation, offering strong visibility and clear separation from the residential living quarters. Supporting the commercial component is a well maintained 3 bedroom, 2 bathroom residence that allows for owner occupancy, employee housing, or additional rental income. The home has been thoughtfully updated with fresh paint, beautiful hardwood flooring, newer windows, composite decking, and a new roof installed in 2024, reducing immediate capital expenses and enhancing overall value. An oversized detached two car garage adds further utility, providing secure storage for business equipment, inventory, vehicles, or workshop use. This property offers the rare advantage of operating a business on site while benefiting from residential income or occupancy. Ideal for entrepreneurs, investors, or business owners seeking to control overhead, establish a physical presence, and build equity in a versatile mixed use asset. Opportunities combining dedicated retail space, functional residential improvements, and flexible future use potential are increasingly limited.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1970
Living Area
528 sq ft
Lot Size
0.66 acres
Garage Spaces
2
Parking Spaces
2
Zoning
Mixed-Use Corridor (MUC)
Days on Market
83
MLS® Listing#
7590243
Property Features
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$1,102
Tax year 2024
Parcel Number
R380709200011
Affordability Calculator
$175,980
Estimated monthly payment
$4,683/mo
Principal $703,920 · Est. interest $982,031 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salida, CO
- $783,750
- Median Listing Price
- 95
- Median Days on Market
- 1,767
- Median Sq Ft
- $493
- Median Price / Sq Ft
- 283
- Active Listings
- This home’s price is 12% above the area median.
- Its price per sq ft is 238% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salida, CO.
Location
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Points of Interest in Salida, CO
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 918 D Street, Salida, CO | $619,000 | 2 | 2 | 1,018 |
| 918 D St, Salida, CO | $619,000 | 2 | 2 | 1,018 |
| 116 Old Stage Rd D, Salida, CO | $620,000 | 2 | 2 | 954 |
| 116 Old Stage Road D, Salida, CO | $620,000 | 2 | 2 | 954 |
| 119 E 1st St C3, Salida, CO | $629,000 | 1 | 1 | 1,359 |
| 849 J St, Salida, CO | $629,000 | 2 | 1 | 1,506 |
Moving Cost Estimate
EXIT Agents in Salida
Listing Courtesy: Century 21 Community First - post@firstcolorado.com,719-539-6682
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make 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.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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