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122 E 1st StreetSalida, CO 81201Price: $1,999,999

  • Price: $1,999,999
  • 54 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $1,999,999List Price
  • 0.17Acreage
  • 1,420Square Feet

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Exceptional location and Development opportunity 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 in downtown, 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 1,420 square feet. Has a 220V outlet outside-easy potential for a food truck opportunity. 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 (janine@janinemarrsalida.com,719-221-1838)

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