Downtown Salida Development
For Sale
$275,000
235 W 3rd Street, Salida, CO 81201
Rare opportunity to build triplex/quadraplex in downtown Salida.
Lot Size0.12 Acres
Days on Market197
Property Features for 235 W 3rd Street
General Information
Standard status
Active
Lot size
0.12 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
HomeSmart Preferred Realty
(719) 458-1345
Listed By:
JESSICA CHARITON · License #100077228
Source:
Corcoran
Added: Jan 15
Changed: Jul 10
Last Checked: Jul 30 at 7:12AM
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 HomeSmart Preferred Realty
Investment Insights
Based on property information with market context.
This is a rare development opportunity in downtown Salida, Colorado. The land development rights for the back half of the condo plat at 235 W 3rd Street allow for the construction of a triplex or quadraplex on a C2-zoned parcel. The property is accessible via alley off the back and is located in the walkable core of downtown Salida. The C2 zoning allows non-residents to hold a Short-Term Rental (STR) license, enabling the operation of a legal, income-producing STR. The location provides access to groceries, restaurants, the library, coffee shops, art galleries, and the Arkansas River trail system. The property also offers mountain views. Utilities are available. The C2 zoning allows for residential, commercial, or mixed-use development. The property is suited for both seasoned developers and investors looking to establish a presence in Salida. Salida attracts visitors year-round for whitewater kayaking, mountain biking, skiing, hiking, arts festivals.
Key Highlights
- Rare opportunity to build a triplex or quadraplex in downtown Salida.
- C2 zoning allows non‑residents to obtain Short‑Term Rental (STR) licenses.
- Prime location in the walkable core of downtown Salida, close to amenities and attractions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
Explore this area
Business Placement
Demographics for 81201, CO
9,128
Population
5,407
Households
1.7
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
400.6 sq mi
ZIP Area
23
Density / Sq Mi
$70,850
Median Household Income
$41,244
Median Earnings
$1,614
Median Rent
$631,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Rare opportunity to build triplex/quadraplex in downtown Salida.
Where is this commercial land located?
The property is located at 235 W 3rd Street Salida, CO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Rare opportunity to build a triplex or quadraplex in downtown Salida.; C2 zoning allows non‑residents to obtain Short‑Term Rental (STR) licenses.; Prime location in the walkable core of downtown Salida, close to amenities and attractions.
