Description
Strong, consistent income from this fully-leased 9,601 SF free-standing commercial building is a rare opportunity in Salida’s downtown historic district. Built in 1999 and situated on a 0.53-acre corner lot, this property is professionally managed and maintained, delivering approximately a 3.1% cap rate. With stable tenants across 20 units, this turnkey investment provides reliable passive income in one of Colorado’s most desirable small-market hubs. Premium features include a boardroom, elevator, fire sprinkler system, exposed ceilings, smart locks, and ADA access making it ideal for long-term hold investors seeking quality and consistency. Future redevelopment opportunity as well. One of only two downtown properties with parking lot.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX Data is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by RECOLORADO®. Properties displayed may be listed or sold by various participants in the MLS. Updated: 24th April, 2026 11:42 PM (UTC)
Listing Agent: Walt Harder
Listing Office: Harder Real Estate And Development, LLC
Attribution contact: walt@HRED.co,719-539-2000
