Location & Charm! Historic charm meets commercial potential in this unique property near downtown Salida with private access to the Arkansas River and River Trail! This 2,518 sq. ft. home is currently operating as a hostel but offers endless possibilities for business or residential use. Part of the River West Subdivision yet zoned commercial, the property features 4 spacious upstairs bedrooms, each with its own gas fireplace and en-suite bathroom, and large flex space at the top of the wooden banister, making it perfect for a boutique inn, short-term rental, or private residence. The expansive first floor includes a welcoming foyer that doubles as a lobby, a cozy living room with a hearth and wood-burning fireplace, a dining room with its own fireplace, and a kitchen complete with a breakfast nook, large pantry, and access to a basement with laundry facilities. Hidden details, like a secret passage to the butler's closet, add to the property's historical charm. The home features LVP flooring on the main level and carpet in the upstairs bedrooms. A side entrance with a mudroom leads to a lovely side yard with room to bbq and outdoor entertaining. Loads of parking (approximately 8-10 parking spaces) offers convenience for guests clients. Custom built-ins and ample storage throughout make this property practical as well as beautiful. Whether you're looking to continue its current use, start a new business, or create a unique & beautiful residence, this property offers ample space and flexibility and an UNBEATABLE location. Only a short stroll from downtown shops and restaurants and adjacent to Marvin Park, river trail and Sands Lake. Schedule a showing today!