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Home » Real Estate » CO » Salida » 81201 » 225 W State Highway 291, Salida, CO, 81201
$1,100,000

225 W State Highway 291, Salida, CO, 81201

5 Beds
6 Baths
2,518 Square Feet
Location & Charm! Historic charm meets commercial potential in this unique property near downtown Salida with private access to the Arkansas River and River Trail! This 2,518 sq. ft. home is currently operating as a hostel but offers endless possibilities for business or residential use. Part of the River West Subdivision yet zoned commercial, the property features 4 spacious upstairs bedrooms, each with its own gas fireplace and en-suite bathroom, and large flex space at the top of the wooden banister, making it perfect for a boutique inn, short-term rental, or private residence. The expansive first floor includes a welcoming foyer that doubles as a lobby, a cozy living room with a hearth and wood-burning fireplace, a dining room with its own fireplace, and a kitchen complete with a breakfast nook, large pantry, and access to a basement with laundry facilities. Hidden details, like a secret passage to the butler's closet, add to the property's historical charm. The home features LVP flooring on the main level and carpet in the upstairs bedrooms. A side entrance with a mudroom leads to a lovely side yard with room to bbq and outdoor entertaining. Loads of parking (approximately 8-10 parking spaces) offers convenience for guests clients. Custom built-ins and ample storage throughout make this property practical as well as beautiful. Whether you're looking to continue its current use, start a new business, or create a unique & beautiful residence, this property offers ample space and flexibility and an UNBEATABLE location. Only a short stroll from downtown shops and restaurants and adjacent to Marvin Park, river trail and Sands Lake. Schedule a showing today!
Offered By
Susan Hughes SDHughes@PinonRealEstate.com,719-539-8886, Pinon Real Estate Group LLC

Property Details

Property Type Residential
Status Active
Bedrooms 5
Bathrooms (Full) 3
Property Sub Type Residential-Detached
Square Feet 2,518
MLS # 4456869
Bathrooms (¾) 3

Market Trends

New Properties On Market
21
31% Increase In New Listings
Average Asking Price
$704,323
$198,795 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$343
$44 Decrease In List Price/Sq. Ft.
Average Days On Market
11
9 Day Decrease In Days On Market
Data as of Feb 08, 2025. Remaining statistics above are calculated on activity within the period from Dec 01, 2024 to Jan 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 1/15/2025 at 4:19 pm