Movoto Real Estate
Sold on 06/22/2021
Justin Tanner of First Colorado Land Office, Inc.

515 E 1st St, Salida, CO 81201

$1,004,567

Last sold 06/22/2021 for $565K

  • bed

  • 2

    bath

  • 1,972

    Sqft ($287/Sqft)

House not for sale

About 515 E 1st St

Property type House
Year built 1958
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Rental estimate
Property description
This property IS NOT currently set up as a residential property, but with some adjustments of current design it could be converted into a functional single family residence. It also has possible subdivision capability with city approval. This property is set up as a commercial property with 1972 Sq. Ft. of Prime Commercial Space. Excellent investment opportunity with flexible C-1 zoning which allows for commercial, residential or both. This building has been home to Rocky Mountain Eye Center for many years, but has the potential for many other business or personal opportunities. There are 9 exam/offices spaces including 2 restrooms, storage room and break room. Use as office space or convert into a Single Family Residence. The parking lot provides ample parking and has a prime location only 4 blocks from F Street. Close enough to access the thriving downtown district, but far enough away to sit back and relax. Walk to the many shops, restaurants and Riverside Park in Salida's downtown district by taking a leisurely stroll along the meandering walkway on the banks of the Arkansas River. Schedule your showing today.
Listed by
Listing Agent - Justin Tanner
Listing Office - First Colorado Land Office, Inc.
Source: REcolorado MLS mls logo
MLS#5103616 • last updated 5 years ago
Movoto checked REcolorado MLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Hot Water
Levels/Style One, House
SubType Single Family Residence
Type Residential
MLS # 5103616
SqFt 1972
Status Closed
Lot Size (SqFt) 12750
Property Tax 3660
Year Built 1958
Interior
Total # of Bathrooms 2
# of Half Baths 2
Total # of Rooms 2
Flooring Carpet, Tile
Exterior
Construction Brick
Roof Composition
Parking Desc Concrete
# Parking Spaces 18
Lot Features Level
Amenities / Utilities
Water Source Public
Location
View Mountain(s)
County Chaffee
Subdivision Babcock's Add
Elem School Longfellow
High School Salida
Middle School Salida
Elementary School District Salida R-32
Middle School District Salida R-32
High School District Salida R-32
APN R380704221022
Zoning Residential/Commercial
Directions From The Intersection Of F And First Street In Downtown Salida, Travel South On First Street For 4 Blocks, Property Is On The Right Hand Side. Look For Broker "For Sale" Sign.
Lot/ Land Details
Road Frontage Public Road
Road Responsibility Public Maintained Road
Road Surface Paved
$1M
Range: $904K-$1.1M
Last 30 days 
Rental est.: $2,895/month
Gross rent multiplier: 16.3
  • Jun 2021
    mls logo MLS # 5103616
  • Jun 22, 2021 Sold
    $565,000
  • Jun 22, 2021 Sold
    $565,000
  • Apr 25, 2021 Active
  • Apr 15, 2021 Listed
    $585,000
  • Apr 15, 2021 Listed
    $585,000 (+71.1%)
  • Jun 2021
    Public Records
  • Jun 22, 2021 Sold
    $565,000 (-3.4%)
  • May 2009
    Public Records
  • May 15, 2009 Sold
    $342,000
  • Year Property taxes Tax assessment
  • 2024
    $6,199 +3.4%
    $137,600
  • 2023
    $5,996 +34.3%
    $137,600 +47.02%
  • 2022
    $4,463 +2.6%
    $93,590
  • 2021
    $4,350 +18.9%
    $93,590 +25.15%
  • 2020
    $3,660
    $74,780
  • 515 E 1st St
    $565K
  • 81201
    $779K 0% y/y
  • Salida
    $784K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
537 E 1st St, Salida, CO 81201 $628,000 3/1 1,095 0.02
512 E 1st St, #g3, Salida, CO 81201 $283,000 —/— 256 0.03
512 E 1st St, #g4, Salida, CO 81201 $467,000 —/— 256 0.03
541 E 1st St, Salida, CO 81201 $1,161,000 3/2 2,033 0.03
512 E 1st St, #s1, Salida, CO 81201 $1,097,000 2/— 0.03
512 E 1st St, #s2, Salida, CO 81201 $1,097,000 —/— 0.03
536 E 1st St, #gar1, Salida, CO 81201 $287,000 —/— 269 0.03
536 E 1st St, #gar2, Salida, CO 81201 $287,000 —/— 269 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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9/10
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Source: GreatSchools.org © 2026. All rights reserved.

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