$749,000

1345 E Street, Salida, CO 81201

  • 872 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $859/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Prime Mixed-Use Development Opportunity with Existing Home. 4 Lots Included Discover a rare investment opportunity with this large Mixed-Use Neighborhood (MU-N) zoned property in an excellent location, just a short bike ride from downtown Salida. This expansive offering includes all four lots and boasts stunning mountain views, outstanding development flexibility, and strong income potential. The property currently features a 3 bedroom, 1 bath home and a detached garage, offering the option to renovate, rent, or utilize the existing structures during the planning and development process. The home is a true diamond in the rough, ready to be transformed into a profitable asset or repurposed to maximize the site’s highest and best use. Once the existing home and garage are removed, the property may accommodate up to 5 residential units, presenting an excellent opportunity for multi-family development such as a duplex, triplex, townhomes, or similar configuration (buyer to verify with City of Salida). The Mixed-Use Neighborhood zoning also allows for a variety of commercial and lodging uses, including the potential for a boutique hotel, motel, hostel, or other income-producing project, making this a versatile opportunity for investors, builders, and developers looking to capitalize on Salida’s strong growth and housing demand. With its prime location near downtown amenities, restaurants, shopping, recreation, and bike paths, this property combines location, zoning flexibility, and development potential in one compelling package. Don’t miss this exceptional opportunity to create value in one of Salida’s most desirable areas. Please see the virtual tour for additional perspective on the property and its potential.

Listing Status:
Active
Data Last Updated:
April 30, 2026 at 7:23PM
Listing Office:
HomeSmart Preferred Realty : 719-458-1345
Listing Agent:
Janine Marr : 719-221-1838
MLS ID:
8777076
  • Parking: Parking spaces: 0
  • Road/Access: PublicYear Round
  • Originating MLS: recolorado
  • County: Chaffee
  • Zoning: Commercial / ResidentialLOTS 14 15 16 17 BLK 141 HASKELLS ADD SALIDA REC 337743R380705319108
  • Current Use: CommercialResidential
  • Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected110V220 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Exclusions: Seller's Personal Property

This listing courtesy of Janine Marr , HomeSmart Preferred Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location