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Listed By:
HomeSmart Preferred Realty;
Address
235 W 3rd Street, Salida, CO
Price
$ 275,000
Property Attributes
  • MLS#4886798
  • TypeLand
  • Listing Status Active
  • CountyCHAFFEE
  • CitySalida
  • NeighborhoodHaskell Addition
  • Zip81201
  • Style
  • Taxes$ 2534
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.12 Acres
Data Source:
REColorado (MTOMLS)
Property Description

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.

Price History
8/17/2026 Listed $275,000

General Features

Sewer Public Sewer
Zoning C2
HOA Fee 150
Association Fee Includes Maintenance Grounds,Maintenance Structure,Snow Removal,Trash
Exclusions N/A
Property Subtype Improved Land
Tax Year 2025
Ownership Corporation/Trust
Assoc Fee Paid Per Monthly
County Chaffee
Property Type Land
HOA Yes
Attached Garage No
Subdivision Name Haskell Addition
Status Active
Directions From Highway 50,head north on G St,L on 3rd,condos are on the L across from Safeway and lot is behind condos with alley access from either end via G Street or H Street.
City Salida
Association Name Brick And Boulder Condominium
High School District Salida R-32
Lot Size Units Acres
Lot Size Square Feet 5227.2
Listing Terms 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan
Tax Annual Amount 2534
Standard Status Active
Middle/Junior School District Salida R-32
Elementary School District Salida R-32

Exterior Features

Lot Features Historical District
Lot Size Area 0.12
Lot Size Acres 0.12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 81201

Price
AVG $430K
$280K
Taxes
AVG $2,327
$2,534
Visits
AVG 125
7
Data Provided by Inside Real Estate®

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