500 Poplar Street is a unique and versatile multifamily investment opportunity located just one block from historic Main Street in the heart of Leadville, Colorado. Situated on a large in-town lot, spanning over 18,000 SF total, the property consists of five separate buildings—including a 6-unit building, a 4-unit building, and three detached single-family homes—offering a total of 13 rental units across a diverse mix of layouts. The site allows for a broad range of uses and configurations, appealing to investors seeking stable income, value-add potential, or future redevelopment in one of Colorado’s fastest-growing mountain towns. With its rare unit mix, prime corner lot, and proximity to Leadville’s vibrant core, 500 Poplar is a standout asset in today’s market. • Building 1: 6-Units (506-516 Poplar) • Building 2: 4-Units (500-504 Poplar) • Building 3: Single Family Home (205 E 6th Street) • Building 4: Single Family Home (203 E 6th Street) • Building 5: Single Family Home (201 E 6th Street) • Building 6: Storage Unit Mix: 3 - 1Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance) 7 - 2Bd/1Ba (Shotgun style apartment units ground floor with front and back entrance) 3 - 2Bd/1Ba (Single family homes)
Street Address: 500 Poplar Street City: Leadville State: Colorado Postal Code: 80461 County: Lake MLS Number: 2352174 Year Built: 1951 Courtesy of NorthPeak Commercial Advisors, LLC