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- LoopNet Team
204 N F St
Salida, CO 81201
Palace Hotel · Property For Lease
HIGHLIGHTS
- Most iconic building in Chaffee County
- Highly visible location with consistent foot traffic
- 20th century story tellers dream
- Original 15-foot tin ceilings
- Potential historic tax credits
- Floor to ceiling windows with natural light
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1909/2008 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.07/1,000 SF |
| Gross Leasable Area | 12,981 SF | Construction Status | Converted |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 12,981 SF |
| Year Built/Renovated | 1909/2008 |
| Parking Ratio | 0.07/1,000 SF |
| Construction Status | Converted |
ABOUT THE PROPERTY
The iconic Palace Hotel was built in 1909 with 44 boarding rooms to house workers on the Denver-Rio Grande Railroad. It has since been transformed into 16 boutique residential suites, 2 street-level retail units (the other space is owned by Denver-based Aksels (Hats & Novelty Socks), and extensive basement. The residential suites are primarily used for short-term stays for a consistent flow of potential customers. Located on F Street, across from Riverside Park, between the Boathouse and bustling shopping/eating establishments, this site is ideal for year-round tourist-centric businesses.
