Estimated payment $1,651/month
Own a piece of downtown Salida, and rent it short-term as a non-resident.
This is a rare, turnkey development opportunity in the heart of one of Colorado's most sought-after mountain towns. The land development rights for the back half of the condo plat at 235 W 3rd Street give you the ability to build a triplex or even quadraplex on a prime C2-zoned parcel, accessed via alley off the back, right in the walkable core of downtown Salida. Here's what makes this different from every other land listing in the county: Salida's C2 zoning now allows non-residents to hold a Short-Term Rental (STR) license. That means you don't have to live here to run a legal, income-producing STR operation. Build three units, rent them on Airbnb or VRBO, and cash flow a property in a town that draws visitors year-round for whitewater kayaking, mountain biking, skiing, hiking, arts festivals, and one of the best downtowns in the Rockies. Walk out your front door to groceries, restaurants, the library, coffee shops, art galleries, and the Arkansas River trail system. Mountain views. Utilities available. C2 zoning opens the door to residential, commercial, or mixed-use development. Whether you're a seasoned developer looking to maximize a downtown infill site, or an investor looking to plant a flag in Salida before prices climb further, this is the lot. Buyer to verify unit count, setbacks, and STR license availability with the City of Salida.
Listing Agent
HomeSmart Preferred Realty Brokerage Email: jcharitonrealestate@gmail.com,719-334-8579 License #100077228 Listed on: 01/14/2026
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $1,530 | $35,120 | $17,140 | $17,980 |
| 2022 | $1,528 | $32,030 | $13,720 | $18,310 |
| 2021 | $1,566 | $33,680 | $14,430 | $19,250 |
| 2020 | $1,134 | $23,180 | $7,060 | $16,120 |
| 2019 | $1,136 | $23,180 | $7,060 | $16,120 |
| 2018 | $1,014 | $20,970 | $7,310 | $13,660 |
| 2017 | $988 | $20,970 | $7,310 | $13,660 |
| 2016 | $1,024 | $21,270 | $7,440 | $13,830 |
| 2015 | $1,070 | $21,270 | $7,440 | $13,830 |
| 2014 | $1,070 | $21,190 | $7,360 | $13,830 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $275,000 | 0.0% | -- |
| 09/07/2024 09/07/24 | For Rent | $2,150 | 0.0% | -- |
| 09/04/2024 09/04/24 | For Rent | $2,150 | -- | -- |
Real estate expert, top 1% HomeSmart agent, and the #3 listing agent in Salida. With 8+ years in the business and over 250 happy clients, she brings proven results and deep local knowledge to buyers and sellers in the Heart of the Rockies.
As a Coloradoan for more than half of her life, Jessica knows the Highway 50 corridor and is committed to helping you buy, sell, or invest here. She prides herself on being honest, trustworthy, and knowledgeable in the real estate market. She knows how
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Source: REcolorado®
MLS Number: 5676993
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