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235 West 3rd Street

Salida CO 81201

0.12 ac.
Land
Currently for sale - view listing

Overview

Own a piece of downtown Salida, and rent it short-term as a non-resident! 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.

Features

0.12 ac. lot size
Land

Property history for 235 West 3rd Street

2022
Sold
$1,000,000
08 Sep 2022 by Susan Hughes, of Pinon Real Estate Group LLC

Happy sellers in Salida

90%
90% 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 4 reviews in Salida over the last 12 months.

Local market activity for land plots in Salida

In the last 12 months, 79 land plots similar to 235 West 3rd Street, have been sold.

This represents a 14% decrease in land plots sales when compared to the previous 12 months.

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