Back 1345 E Street
Off Market

1345 E Street

Salida CO 81201

3
1
2
987 sq. ft.
0.34 ac.
Single-Family
Last sold for $650,000
Janine MarrJanine Marr, last sold this property on 02 September 2026 after 321 days on market.

Overview

Prime Mixed-Use Development Opportunity with Existing Home. 4 Lots Included Discover a rare investment opportunity with this large Mixed-Use Neighborhood (MU-N) zoned property in an excellent location, just a short bike ride from downtown Salida. This expansive offering includes all four lots and boasts stunning mountain views, outstanding development flexibility, and strong income potential. The property currently features a 3 bedroom, 1 bath home and a detached garage, offering the option to renovate, rent, or utilize the existing structures during the planning and development process. The home is a true diamond in the rough, ready to be transformed into a profitable asset or repurposed to maximize the site's highest and best use. Once the existing home and garage are removed, the property may accommodate up to 5 residential units, presenting an excellent opportunity for multi-family development such as a duplex, triplex, townhomes, or similar configuration (buyer to verify with City of Salida). The Mixed-Use Neighborhood zoning also allows for a variety of commercial and lodging uses, including the potential for a boutique hotel, motel, hostel, or other income-producing project, making this a versatile opportunity for investors, builders, and developers looking to capitalize on Salida's strong growth and housing demand. With its prime location near downtown amenities, restaurants, shopping, recreation, and bike paths, this property combines location, zoning flexibility, and development potential in one compelling package. Don't miss this exceptional opportunity to create value in one of Salida's most desirable areas. Please see the virtual tour for additional perspective on the property and its potential.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
987 sq. ft. floor area
0.34 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Salida over the last 12 months, the estimated median property value of 1345 E Street is $770k.

Median value
$770k
Estimated value range
$415k - $2.88m
Median days on market
47
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Salida. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1345 E Street

2026
Sold
$650,000
02 Sep 2026 by Janine Marr, of HomeSmart Preferred Realty

Happy sellers in Salida

88%
88% of sellers in Salida reported that their sale price either exceeded or met their price expectations.

Salida stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Salida over the last 12 months.

Local market activity for 3 bedroom single-family properties in Salida

In the last 12 months, 90 three-bedroom single-family properties similar to 1345 E Street, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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