Home For Sale In New Castle, Colorado

house for sale

Listed: 02/29/24

Elk Creek Bar & Grill, 502 West Main Street, New Castle, CO 81647, USA

5 Bed:

6 Bath:

7,474 Sq Ft Living Area:

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Price

$ 2M

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About This House

Welcome to Ore House Inn! This property has a rich history and is an iconic landmark in the small mountain town of New Castle. With a full remodel over the last several years, the building and business are truly turn key and ready for a new owner. The property offers seven residential units and one commercial space. Currently the commercial space is leased through 2024 to a boutique gift shop and the seven residential units are being used as short term rentals. The ground floor consists of the commercial space plus one residential unit and upstairs are six additional rooms that are connected with hallways that characterize New Castle's mining history. This property has a history of strong cash flow … Full description

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Original listing

New Castle Housing & Living

Household Income

Median household income: $87,345

Number of households: 1,554

The average household income in New Castle, CO grew from $84,375 to $87,345 in the past year. This data is an estimate based upon 1,554 households in New Castle, CO.
The chart below presents how household income is distributed in New Castle, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Castle, CO compared to median property taxes around the country. The prevalent amount of property taxes in New Castle, CO equals $800-$1,500 , which is less than the national average.