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Cleared Mixed-Use Commercial Lot
For Sale
$249,000

125 East 1st Street, Palisade, CO 81526

Cleared land supports required commercial development with an approved mixed-use concept allowing business and residential space.

Property SizeContact for details
Days on Market425

Property Features for 125 East 1st Street

General Information

Standard status Active
Property subtype Land / Commercial

Taxes and HOA fees

Annual Taxes $1,350
Listing Agency: COLDWELL BANKER DISTINCTIVE PROPERTIES
Listed By: NICOLE METIVA
Source: Compass
Added: Jul 3, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER DISTINCTIVE PROPERTIES

Investment Insights

Based on property information with market context.

This cleared commercial parcel at 125 East 1st Street is subject to the Town of Palisade’s commercial development requirement, while mixed-use construction is permitted. The stated concept allows a business at ground level with a private loft or apartment above, creating an integrated commercial and residential configuration. Seller-provided plans for a modern barndo-style design are available.

The property is positioned near Palisade’s farmers market, wine-tasting rooms, bike trails, and downtown shops. The surrounding community is also associated with orchards, wineries, farm stands, festivals, and live music events, providing a defined local context for a small-format commercial project. The site offers an opportunity to develop within the town’s established activity area while combining commercial space with an upper-level private residence.

Key Highlights

  • Cleared commercial land at 125 East 1st Street, Palisade, CO 81526
  • Town requires commercial development on the property
  • Mixed‑use construction permits a business below with a private loft or apartment above

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Hair Salon Law Firm Nail Salon Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 81526, CO

5,216
Population
2,573
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
91%
High-School Grad
72.4 sq mi
ZIP Area
72
Density / Sq Mi
$83,316
Median Household Income
$44,646
Median Earnings
$1,219
Median Rent
$449,300
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared land supports required commercial development with an approved mixed-use concept allowing business and residential space.
Where is this commercial land located?
The property is located at 125 East 1st Street Palisade, CO.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Cleared commercial land at 125 East 1st Street, Palisade, CO 81526; Town requires commercial development on the property; Mixed‑use construction permits a business below with a private loft or apartment above
More about this property
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