Property Description

Own a piece of downtown Salida, and rent it short-term as a non-resident! This is a rare, turnkey development opportunityin the heart of one of Colorados most sought-after mountain towns. The land development rights for the back half of thecondo 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. Heres what makes this different from everyother land listing in the county: Salidas Mixed Use Downtown zoning now allows non-residents to hold a Short-TermRental (STR) license. There is a limit though of 99 of these, so be first to get one. That means you dont have to live here torun a legal, income-producing STR operation. Build three units, rent them on Airbnb or VRBO, and cash flow a property in atown that draws visitors year-round for whitewater kayaking, mountain biking, skiing, hiking, arts festivals, and one of thebest 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 youre 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.

Property Features

Local Schools