201 E 5th St, Walsenburg, CO 81089

Property Description

30,000 SQ. FT. FOR JUST $20/SQ. FT. NOW THAT'S AN OPPORTUNITY! This landmark Walsenburg property, commonly known as the Washington School, offers incredible space, versatility, and investment potential at a hard-to-ignore price. Featuring an auditorium, extensive usable office space, multiple restrooms, and abundant storage, the possibilities here are wide open. This income-generating property has housed several important RE-1 School District offices, as well as the Walsenburg Workforce Center and the popular Zitro Cuts Barbershop. When it comes to commercial real estate, LOCATION MATTERS! Conveniently positioned near Highway 10, Highway 160, and the I-25 corridor, the property offers excellent accessibility in a high-traffic area seeing more than 35,000 motorists daily. Located within the Walsenburg census tract, the property is also in a designated Opportunity Zone, which may provide federal capital gains tax benefits for qualifying investments. Buyers should contact their tax professional about eligibility and available incentives.30,000 square feet. Income potential. Prime access. Endless possibilities. At approximately $20 per square foot, this is one investment opportunity you'll want to see in person!