Courtesy: Douglas Elliman Real Estate
970-925-8810
Rare Commercial Land in Growing New Castle, CO: A unique chance to own 3+ acres in the path of rapid growth within 1/2 mile of I-70 interchange and New Castle's expanding commercial core.----- The property is already annexed into the town.----With no HOA and a designation for mixed-use commercial/residential in the town's future land use map, this property is ideal for a business park, medical, retail, service, flex space, entertainment/recreation, accessory residential and potentially lodging. Positioned in a high-growth corridor, this is a strategic investment opportunity with both immediate and long-term upside.
Courtesy: Douglas Elliman Real Estate-Willits
970-925-8810
Rare Commercial Land in Growing New Castle, CO: A unique chance to own 3+ acres in the path of rapid growth within 1/2 mile of I-70 interchange and New Castle's expanding commercial core.----- The property is already annexed into the town.----With no HOA and a designation for mixed-use commercial/residential in the town's future land use map, this property is ideal for a business park, medical, retail, service, flex space, entertainment/recreation, accessory residential and potentially lodging. Positioned in a high-growth corridor, this is a strategic investment opportunity with both immediate and long-term upside.
Courtesy: RE/MAX Country New Castle
970-984-9600
Take a look at this unique property conveniently located right on Main Street in New Castle. Freshly updated with new interior paint, exterior stain, new carpet in the loft and shed, and vinyl flooring throughout. On street parking is available, along with two private parking spaces in the rear. Currently configured as a 3 bedroom, 1 bath residence on the ground floor with an additional loft area, the property features a large living/dining space, kitchen, and laundry/storage room. Large windows provide abundant natural light. The fenced backyard includes an outdoor shed for added storage. Zoned commercial, the property allows for a variety of uses including professional office, personal services, medical or dental, retail, salon, daycare, studio, gallery, or home occupation. Ideally located close to a bus stop and within walking distance to downtown New Castle amenities such as parks, the library, restaurants, retail shops, and professional services.
Commercial and Multi-Family/Short Term Rental Investment property in the desirable mountain town of New Castle, CO! Located downtown on Main Street, this property could be a possible work-live scenario, or be used strictly for investment with a current cap rate of over 8%. Property has 7 individual residential units used for Short Term Rentals currently (AirBNB / VRBO), as well as a commercial unit on main level with infrastructure for a restaurant, but currently leased to a Salon through 2029. The entire property has been remodeled and updated, and comes turn-key with all furnishings, equipment and FF&E used for the short-term rental business. Rare property to find in a quickly appreciating mountain-town, with strong existing cash-flow and still upside for increased NOI.
Courtesy: Slifer Smith & Frampton RFV
970-927-8188
Outstanding Location, across the street from McDonalds, and Kum & Go. This great location is high traffic, high visibility for retail shops, professional offices or in-line center. Many more possibilities for this one-of-a-kind location.
New Castle is located in Colorado. New Castle, Colorado has a population of 4,883. New Castle is more family-centric than the surrounding county with 54.43% of the households containing married families with children. The county average for households married with children is 39.32%.
The median household income in New Castle, Colorado is $79,849. The median household income for the surrounding county is $77,212 compared to the national median of $69,021. The median age of people living in New Castle is 36.3 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 15 inches per year, with 46.5 inches of snow per year.
