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About This Property

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 Details

Location

Based on information submitted to the MLS GRID as of November 14, 2026 at 8:10 PM MST. All data is obtained from various sources and may not have been verified by 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.

Listing information last updated August 2, 2026 at 2:10 PM.