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Key Details
Sold Price $589,000
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Sacketts Addition
MLS Listing ID 7557389
Annual Tax Amount $874
Tax Year 2021
Lot Size 0.360 Acres
Property Description
Fantastic development opportunity blocks from downtown Salida. Large corner lot with 4 LOTS, 3 at 25 ft wide and 1 lot at 30 ft wide on 15, 750 sq foot lot. 4 water and sewer taps paid and included withthe sale of the property. That is almost $55,000 worth of tap fees that can be applied to commercial or residential use. 105 feet of First Street frontage on a level envelope with gas and electric to the property. Alley adjacent. Property is zoned C-1 and with the State Highway 291 Corridor Overlay, which allows for maximum development opportunities. Get creative, but with City approval. There is potential to develop the 4 lots separately-each with a single family home plus an ADU. Alternately, a mixed use commercial/residential development is possible. Since the use is set up for commercial or residential, the number of units allowed will depend on the use. Property is across the street from the park and walking trail along the river.
Location
State CO
County Chaffee
Zoning C-1
Exterior
Fence None
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
View Mountain(s)
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
School District Salida R-32
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, USDA Loan
Listing Terms 1031 Exchange, Cash, Conventional, USDA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinon Real Estate Group LLC
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor