24 5th Street
Steamboat Springs, CO 80487

Property

Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $7,495,000
Annual Taxes: $75,638
210 N Main St, Breckenridge, CO 80424
Courtesy of Western Centers, Inc

Description

Opportunity to purchase one of the only remaining commercial lots in downtown Steamboat Springs, along the Yampa River. The Property has PUD Zoning that provides a maximum building height of 48 feet, as well as a lot coverage ratio of 100% and floor area ratio of up to 3.6 times. The adjoining alley gives flexibility for onsite parking to be incorporated into the redevelopment of the property. By Right Uses in the PUD include Multiple-Family Residential, Hotel, Vacation Rental, Work/Live, Retail and Office to name a few. Purchase would include use rights over the Plaza area along the Yampa river, the use of this space could be a great amenity for the redevelopment. The existing leases provide income to offset expenses while a redevelopment is being planned and approved. Development of the Residential lots in Riverview has already started and opportunities like this do not come often.

Neighborhood

More listings:

Opportunity to purchase one of the only remaining commercial lots in downtown Steamboat Springs, along the Yampa River.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.