235 W 3rd St, Salida, CO 81201
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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.
Location
Full feature list
Basic info
- Property type
- Land
- Lot size (acres)
- 0.12
Utilities
- Sewer
- Public Sewer
Estimated monthly costs
- HOA Fees
- $150
Taxes
- Tax Annual Amount (2025)
- $2,534
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: REColorado MLS®#: 4886798 Last checked: …

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