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122 E 1st StreetSalida, CO 81201Price: $2,660,000

  • Price: $2,660,000
  • 14 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
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  • $2,660,000List Price
  • 0.17Acreage

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Exceptional location in the heart of Historic Downtown Salida,Colorado.  This unique property is in a Central Business (C-2) zone district and has the Downtown Historic District Overlay as well as the Central Business Economic Overlay (CBEO). (See supplements) Further details can be found at www.cityofsalida.org. Although this is a property only sale,the sellers are willing to leave all cafe equipment,supplies and furnishings making this storefront a ready asset.  This property also has the added advantage of being the only available lot on the downtown block of East 1st Street,lending to endless development possibilities. Create a dream retail space with condos above,develop in the expansive back parking area,design a rooftop patio overlooking Tenderfoot Mountain,the potential is boundless. Per Kristi Jefferson- "any exterior alterations,additions or new construction will require review and approval by the Historic Preservation Commission. In the CBEO the requirement is that the front 50% of the building remain commercial and the remaining rear portion can be residential". The existing building is 1,400 square feet. Perfect location to all the shopping,restaurants,Arkansas river and most importantly,just being in the Heart of Downtown. This is why everyone is moving here,it's where all the creativity,excitement and fun begin!

Property Details of 122 E 1st Street

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Listed by Lindsay Sutton and Janine Marr of HomeSmart Preferred Realty

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