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5602 E US Highway 50 528 SF 100% Leased Retail Building Salida, CO 81201 $1,201,187 CAD ($2,274.97 CAD/SF)
Executive Summary
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 Facts
Sale Type
Investment
Property Type
Retail
Building Size
528 SF
Building Class
C
Year Built
1970
Price
$1,201,187 CAD
Price Per SF
$2,274.97 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
0.68 AC
Property Taxes
| Parcel Number | R380709200011 | Improvements Assessment | $27,198 CAD |
| Land Assessment | $11,607 CAD | Total Assessment | $38,805 CAD |
Property Taxes
Parcel Number
R380709200011
Land Assessment
$11,607 CAD
Improvements Assessment
$27,198 CAD
Total Assessment
$38,805 CAD
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5602 E US Highway 50
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