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500 Harrison Ave 7 Unit Apartment Building $1,800,000 ($257,143/Unit) Leadville, CO 80461
Executive Summary
Prime mixed-use investment opportunity in the heart of downtown Leadville. Positioned at the highly visible corner of Harrison Avenue and 5th Street, directly across from the Lake County Courthouse, this landmark commercial property commands attention from locals, visitors, and daily foot traffic alike. The building includes two street-level retail spaces, a restaurant space, and multiple residential units above, creating diversified income potential in one of Leadville's most recognized downtown locations. A dedicated rear parking lot adds meaningful convenience for tenants, customers, and operations. The property is currently fully leased, with the owner actively finalizing a new restaurant lease to further strengthen the income stream. Visibility, location, historic character, and built-in mixed-use demand make this a rare opportunity to own a substantial piece of Harrison Avenue.
Property Facts
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $257,143 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 9,600 SF |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1902 |
| Property Subtype | Apartment | ||
| Zoning | RC - Mixed Use | ||
| Price | $1,800,000 |
| Price Per Unit | $257,143 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 9,600 SF |
| No. Stories | 1 |
| Year Built | 1902 |
| Zoning | RC - Mixed Use |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 263324323011 | Improvements Assessment | $80,044 |
| Land Assessment | $26,541 | Total Assessment | $106,585 |
Property Taxes
Parcel Number
263324323011
Land Assessment
$26,541
Improvements Assessment
$80,044
Total Assessment
$106,585
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