Location, location, location! This adorable, cozy 1-bedroom, 1-bath condo (507 sq ft) sits in the heart of downtown Salida, with a private entry and unique stone-accented walls that add historic charm throughout. Situated in the historic Palace Hotel building (built in 1950), the fully updated interior features granite counters, a kitchen island, open floorplan, pantry, and an electric fireplace - a restful retreat right in the center of the action. One block to the Arkansas River and the "S" Mountain biking and hiking trails, and just across the street from Riverside Park's live music and festivals, this location puts Salida's best adventures right outside your door. Walk or ride your cruiser to downtown's shops, galleries, breweries, and local eateries (Walk Score 78). Sold fully furnished with in-unit laundry, this low-maintenance condo is turnkey and rental-ready - the HOA allows both long-term and short-term leasing, making it a flexible option for an owner-user, second home, or investment property. HOA dues are just $528/year and include sewer and water.