12
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$1,850,000
Est. payment /mo
7,399 SqFt
Price Dropped by $250K
500 Poplar ST Leadville, CO 80461
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,399 sqft
Price per Sqft $250
MLS Listing ID 2352174
HOA Y/N No
Year Built 1951
Annual Tax Amount $8,456
Tax Year 2024
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Multi Family
Source recolorado
Property Description
500 Poplar Street is a unique and versatile multifamily investment opportunity located just one block from historic Main Street in the heart of Leadville, Colorado. Situated on a large in-town lot, spanning over 18,000 SF total, the property consists of five separate buildings—including a 6-unit building, a 4-unit building, and three detached single-family homes—offering a total of 13 rental units across a diverse mix of layouts. The site allows for a broad range of uses and configurations, appealing to investors seeking stable income, value-add potential, or future redevelopment in one of Colorado's fastest-growing mountain towns. With its rare unit mix, prime corner lot, and proximity to Leadville's vibrant core, 500 Poplar is a standout asset in today's market.
• Building 1: 6-Units (506-516 Poplar)
• Building 2: 4-Units (500-504 Poplar)
• Building 3: Single Family Home (205 E 6th Street)
• Building 4: Single Family Home (203 E 6th Street)
• Building 5: Single Family Home (201 E 6th Street)
• Building 6: Storage
Unit Mix:
3 - 1Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance)
7 - 2Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance)
3 - 2Bd/1Ba (Single family homes)
• Building 1: 6-Units (506-516 Poplar)
• Building 2: 4-Units (500-504 Poplar)
• Building 3: Single Family Home (205 E 6th Street)
• Building 4: Single Family Home (203 E 6th Street)
• Building 5: Single Family Home (201 E 6th Street)
• Building 6: Storage
Unit Mix:
3 - 1Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance)
7 - 2Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance)
3 - 2Bd/1Ba (Single family homes)
Location
State CO
County Lake
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by NorthPeak Commercial Advisors, LLC