5,435 Sqft Lot
5,435 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Haskell Addition
MLS Listing ID 5676993
Condo Fees $150
HOA Fees $150/mo
HOA Y/N Yes
Annual Tax Amount $386
Tax Year 2025
Lot Size 5,435 Sqft
Acres 0.12
Property Sub-Type Improved Land
Source recolorado
Property Description
This is a rare, turnkey development opportunity in the heart of one of Colorado's most sought-after mountain towns. The land development rights for the back half of the condo plat at 235 W 3rd Street give you the ability to build a triplex or even quadraplex on a prime C2-zoned parcel, accessed via alley off the back, right in the walkable core of downtown Salida. Here's what makes this different from every other land listing in the county: Salida's Mixed Use Downtown zoning now allows non-residents to hold a Short-Term Rental (STR) license. There is a limit though of 99 of these, so be first to get one. That means you don't have to live here to run a legal, income-producing STR operation. Build three units, rent them on Airbnb or VRBO, and cash flow a property in a town that draws visitors year-round for whitewater kayaking, mountain biking, skiing, hiking, arts festivals, and one of the best downtowns in the Rockies. Walk out your front door to groceries, restaurants, the library, coffee shops, art galleries, and the Arkansas River trail system. Mountain views. Utilities available. This zoning opens the door to residential, commercial, or mixed-use development. Whether you're a seasoned developer looking to maximize a downtown infill site, or an investor looking to plant a flag in Salida before prices climb further, this is the lot. Buyer to verify unit count, setbacks, and STR license availability with the City of Salida.
Location
State CO
County Chaffee
Zoning C2
Interior
Fireplace N
Exterior
Fence Partial
Utilities Available Electricity Available, Internet Access (Wired)
View City, Mountain(s)
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
School District Salida R-32
Others
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Nearby Locations
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