501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
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501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
501 Central Avenue
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501 Central Avenue

501 Central Avenue, Dolores, CO 81323

$395,000
501 Central Ave, is a unique residence in downtown Dolores with a vibrant and interesting past, dating back to 1926. Filled with charm and history, there have been many incarnations of this unique old building and space. Originating as a bank in 1926, with the bank vault still intact, it has evolved over the years providing many different businesses to the town. It has been an apothecary, a book shop, a coffee shop, and a saddle shop to name a few. Today it is a lovingly and thoughtfully restored residence that additionally provides short term rental income. The building is zoned residential / commercial , making the possibilities endless here in the heart of Dolores. It is within walking distance to shops, restaurants, parks, liquor stores, a hardware store and the grocery store. This historic gem has one giant bedroom and one bathroom.The Bedroom can easily be converted to two comfortable rooms. As you wander through, you'll encounter incredible, solid craftsmanship and woodwork and beautiful high ceilings, and two freestanding natural gas stoves creating an ambiance with a little touch of history, reminiscent of the old days that makes this space so unique. Enjoy the views from the back porch of the sandstone cliffs and outcroppings that surround Dolores. The back part of the property is newly fenced and gated for privacy and pets. There is an 8 x 15 storage shed included. What sets 501 Central Ave apart is not just its historical significance and charm, but the many possibilities it offers. It meets all the town requirements for a short term rental, but would require new permitting from the town to have your STR, A new sales tax license and business license would be required. The 1-bedroom layout ensures an intimate retreat, and the bathroom seamlessly blends modern convenience with a nod to the property's roots. Nestled on Central Ave, this residence becomes a portal to Dolores' local treasures. Explore nearby cafes for a taste of community life, wander down to the walking path a few blocks away along the Dolores River, enjoy a multitude of water activities at nearby McFee reservoir. Discover local landmarks that breathe life into the town's narrative--all just a leisurely stroll away. 501 Central Ave isn't merely a dwelling; it's an invitation to be part of a dynamic community. Whether you're captivated by its historical allure, seeking a getaway immersed in local charm, or eyeing a strategic investment in the thriving short-term rental scene, this residence promises an authentic living experience that's intimately tied to Dolores' unique character. Dolores, Colorado, nestled in the scenic Dolores River Valley, offers a charming small-town atmosphere. Surrounded by stunning landscapes, it serves as a gateway to notable destinations. Nearby Telluride, renowned for its ski slopes and film festival, provides a mix of outdoor adventure and cultural richness. Mesa Verde National Park, a short drive south, showcases ancient Puebloan cliff dwellings, offering a captivating glimpse into Native American history. Venturing west, the town connects to Moab, Utah, a mecca for outdoor enthusiasts. Moab's red rock landscapes, including Arches and Canyonlands National Parks, invite exploration and exhilarating activities like hiking and rock climbing. The area is also known for its mountain biking trails and scenic drives along the Colorado River. Dolores itself boasts attractions like the Anasazi Heritage Center, unraveling the region's archaeological heritage. The town's relaxed ambiance and proximity to these iconic destinations make it a hub for nature lovers and history enthusiasts alike, offering a diverse range of experiences in the heart of the American Southwest.

1
bed

1
bath

2,000 Sq.Ft. LIVING AREA

3,484.8 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms1
  • Total bathroom1
  • full bathroom1
  • Flooring Partially Carpeted, Tile
  • Fireplace Family Room, Living Room
  • APPLIANCES Dryer, Gas Water Heater, Microwave, Oven, Range, Washer
  • other interior Features Ceiling Fan(s), Living/Dining Room, Pantry

Area & Lot

  • Status Sold
  • Living Area2,000 Sq.Ft.
  • Lot Area3,484.8 Sq.Ft.
  • MLS® ID810303
  • TypeResidential
  • YEAR BUILT1926
  • View DescriptionMountain(s)
  • Elementary SchoolDolores K-5
  • Middle SchoolDolores 6-8
  • High SchoolDolores 9-12

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesCellular Phone Reception, Electricity Available, Natural Gas Available, High Speed Internet Available
  • roofOther
  • lot featuresAdjacent To Public Land, Corner Lot
  • HEAT TYPEElectric, Fireplace(s), Natural Gas, Other
  • sewerPublic Sewer

Financial

  • Sales Price$395,000
  • Real Estate Tax $951/yr
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Kyle help others believe theirs dreams are possible by creating value & opportunity through real estate investments. Investing in multi family, Rv parks, hotels and single family.

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