1520 E US Highway 50 Salida, CO
$ 2,300,000
Property Attributes
  • MLS#7661923
  • TypeLand
  • CountyCHAFFEE
  • CitySalida
  • Zip81201
  • Style
  • Taxes10232
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.15 Acres
Listing Provided Courtesy Of:
Pinon Real Estate Group LLC
Property Description

Great Investment Opportunity! Come with your own development plans or proceed with an already approved Planned Development in Salida! "Salida Crossings" Designed with Affordable Housing and commercial retail space on 3.15 acres. This property has an awesome location at east edge of Salida and the crossroads of Hwy 50 and Hwy 291. Planned Development features 3 buildings, 4 stories tall with elevators. Each building has commercial space on the ground level and a total of 122 residential units split between the three buildings. Of those there will be 30 Affordable Housing units. The units vary from 448 square feet up to 764 square feet. There is also a hybrid buyout plan available. Please inquire. *Note that it is vacant land, the building referenced on the assessors has been removed.

Price History
6/15/2020 Listed $2,600,000
11/9/2020 12% - $2,300,000

General Features

Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Garage Spaces 0.0
Garage Y/N No
High School District Salida R-32
Ownership Corporation/Trust
Parking Features ParkingLot
Property SubType ImprovedLand
Property Type Land
Sewer PublicSewer
Special Listing Conditions None
Terms Cash, Conventional, Item1031Exchange
View City, Mountains, Valley
Zoning Commercial

Exterior Features

Covered Spaces 0.0
Fencing None
Horse Y/N No
Lot Features Level, SplitPossible
Lot Size Acres 3.15
Lot Size Area 3.15
Lot Size Square Feet 137370.0
Lot Size Units Acres
Road Frontage Type PublicRoad, YearRound
Road Surface Type Paved
Total Parking 0.0
View Y/N Yes
Water Source Public


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

Property vs Zip Code Average in 81201

AVG $260K
AVG $1,051
AVG 25
AVG 26
Data Provided by Walkscore ® not using MLS data

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