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245 E Rainbow BLVD Salida, CO 81201
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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $169
MLS Listing ID 2215517
Sold Date 10/14/25
HOA Y/N No
Year Built 1964
Annual Tax Amount $10,145
Tax Year 2023
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Office
Source recolorado
Property Description
Charming Office Building in Prime Highway 50 location. This large office building on a large lot, ideally situated on the bustling Highway 50 corridor, is a great investment. Renovated in 2006 with 13 offices, all currently rented (most on month to month leases), ample parking, and room to expand. Without much of an investment, a few offices could be added in order to generate more income. With a large investment, more income generating space could likely be added. Benefit from the high visibility and easy access to one of the area's main thoroughfares, ensuring the tenants' businesses are always in the spotlight. Enjoy the benefits of a shared kitchen, spacious lobby for welcoming clients, conference room and a dedicated mail area. The building includes two ADA compliant bathrooms, making it convenient for all clients and employees.
This office has charm! It features a cozy stone fireplace, warm wood floors, traditional Saltillo tile, high ceilings and lots of natural light. The lot boasts mature landscaping with fruit and spruce trees. With its prime location and rented offices, it's an investment opportunity you don't want to miss! More information on financials and occupancy available upon request.
Location
State CO
County Chaffee
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 20
Garage No
Building
Lot Description Irrigated, Landscaped, Sprinklers In Front
Sewer Community Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinon Real Estate Group LLC
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