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Monarch Dairy Building 331 H St 4,394 SF 100% Leased Industrial Building Salida, CO 81201 $790,000 ($179.79/SF) 7.20% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Foot traffic
  • Open work spaces
  • Retail/Office Spaces

EXECUTIVE SUMMARY

Downtown Salida multi-use commercial with flexible workspaces and expansion potential. The property delivers a practical mix of 4 private offices, 3 light-industrial/shop bays, storage, and a garage, making it ideal for small manufacturers, fabricators, design/build studios, or service trades that want a Main-Street address with true back-of-house function.
Situated on a ~0.13-acre lot (~5,663 SF) in the heart of Salida’s walkable core, the site offers convenient access for customers and vendors alike and the ability to reconfigure interiors to suit single or multi-tenant needs. Future vertical expansion is a compelling upside: Downtown Salida standards commonly contemplate buildings up to ~3 stories, positioning this address as both a turnkey operator space today and a bite-sized infill development tomorrow.
Owner carry is an option depending on terms.
Property Highlights
• C-2 Zoning, C-1 Zoning uses by Right. All retail and service commercial uses permitted in the C-1 District.
• Use mix: 4 offices + 3 shop/industrial bays + storage + garage (great for retail, fabrication, light assembly, or trades)
• Lot size: ~0.13 AC / ~5,663 SF (per public record)
• Downtown location: walkable to Salida’s retail/food/riverfront amenities
• Small-manufacturer ready: drive-in access with practical back-of-house layout
• Value-add path: interior re-tenanting, light modernization, or vertical addition
• 3-Phase power.

PROPERTY FACTS

Price $790,000
Price Per SF $179.79
Sale Type Investment or Owner User
Cap Rate 7.20%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Storefront
  • OfficeLoft Creative Space
Building Class B
Rentable Building Area 4,394 SF
No. Stories 1
Year Built/Renovated 1950/2022
No. Drive In / Grade-Level Doors 1
Zoning Commercial - C-2 Zoning, C-1 Zoning by Right. All retail and service commercial uses permitted in the C-1 District.

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37863215

  • Date on Market: 9/29/2025

  • Last Updated:

  • Address: 331 H St, Salida, CO 81201

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