Closed
501 Central Avenue
Dolores CO, 81323
$395,000
$197.50 per sqft
Closed
1 Bed
1 Bath
2,000 sqft
Residential
Built in 1926
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.
810303
MLSⓇ ID
January 17, 2024
Listed
May 9, 2024
Updated
Map
501 Central Avenue
Dolores CO, 81323
Interior Features
Total Stories
1
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Ceiling Fan(s), Living/Dining Room, Pantry
Appliances
Dryer, Gas Water Heater, Microwave, Oven, Range, Washer
Floor Description
Partially Carpeted, Tile
Fireplace
Yes
Fireplace Description
Family Room, Living Room
Cooling
No
Heating
Yes
Heating Description
Electric, Fireplace(s), Natural Gas, Other
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Adjacent To Public Land, Corner Lot
Roof
Other
Sewer
Public Sewer
School Information
High School
Dolores 9-12
Elementary School
Dolores K-5
Other Property Details
Area Name
Dolores
Taxes
$951
Tax Frequency
Annually
Days on Market
49
Garage
No
View
Yes
View Description
Mountain(s)
County
Montezuma
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/6/2024 | Sold | $395,000 |
1/22/2024 | Pending | — |
Courtesy of Blackmore Group with
Listing Contact: 970-749-1973
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Data last updated on: 5/9/2024