501 Central Avenue, Dolores, CO, 81323
About This Home
Mixed-Use Space in the Heart of Dolores! Historic commercial retail space in downtown Dolores currently being used as residential. This is the original bank building in Dolores, it was extensively remodeled in 2017. Built in 1928, this charming building retains much of it original charm with vaulted tin ceilings and big windows filling it with light. This investment has many potential uses, located right on the Central Ave for great retail exposure. Could be a good live/work situation. Current owner used property as a residential 1 bedroom. Centrally located close to all Dolores' mainstays: The pub, the market, the river and lake! Great front and back porches to take in views of the hillside and town activities. Large fenced yard with big shed for all the toys. Appliances are included: Range/Oven, Refrigerator, microwave, washer, dryer. Come recreate directly from home in Dolores!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Roof: Membrane
- Construction materials: Wood Frame,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Stick Built
Interior
Appliances
- Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Flooring: Carpet-Partial,Vinyl
- Fireplace features: Free Standing,Wood Burning Stove
- Fireplace: Yes
Heating
- Heating features: Radiant Ceiling,Electric Baseboard,Wood Stove
Interior Area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Details
- Parcel number: 535909402009
- Zoning description: Commercial
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Porch
Lot
- Lot size: 3,484 sqft
- Features: Corner Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Avalanche
- Cold Wave
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,194 | $26,328 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $104 | $1,248 |
| Electricity | $186 | $2,232 |
| Total | $2,636 | $31,632 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Price change | $434,000 |
| 2026-05-15 | Listed for sale | $439,000 |
| 2024-03-06 | Sold | $395,000 |
| 2024-01-17 | Listed for sale | $410,000 |
| 2022-05-20 | Sold | $312,000 |
| 2006-03-24 | Sold | $86,500 |
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