Property
ActiveResidential
1/46
$749,000

1345 E. Street

Salida, CO 81201
3
Beds
1
Baths
987
SqFt
0.17
Acres
RECOLORADO
#6401528
Updated: Apr 7, 2026, 9:15pm

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.
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Included Appliances
Self Cleaning Oven

Property Details

Interior
Above Grade Finished Area
987
Appliances
Self Cleaning Oven
Building Area Total
987
Cooling
None
Flooring
LaminateWood
Furnished
Unfurnished
Heating
Forced Air
Interior Features
Built-in Features
Laundry Features
In Unit
Living Area
987
Room Count
7
Security Features
Carbon Monoxide Detector(s)Smoke Detector(s)
Window Features
Double Pane WindowsWindow Coverings
Construction
Also Marketed As
Residential LeaseResidential IncomeLandCommercial SaleCommercial LeaseResidential
Building Area Source
Listor Measured
Common Walls
No Common Walls
Construction Materials
FrameStucco
Direction Faces
North
Entry Level
1
Entry Location
Ground
Foundation Details
Concrete Perimeter
Is Incorporated
Yes
Levels
One
Number Of Units Total
1
Property Condition
Fixer
Roof
CompositionRolled/Hot Mop
Structure Type
House
Year Built
1900
Site & Exterior
Electric
110V220 Volts
Exterior Features
Lighting
Fencing
None
Garage Spaces
2
Horse
No
Lot Features
Corner LotLandscapedLevelMany TreesMountainousNear Public Transit
Lot Number
14151617
Lot Size Acres
0.17
Lot Size Area
7500
Lot Size Square Feet
7500
Lot Size Units
Square Feet
Parking Features
UnpavedGravelExterior Access DoorLightedOversizedTandem
Parking Total
2
Patio And Porch Features
CoveredFront Porch
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Utilities
Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas Connected
Vegetation
Grassed
Water Included
Yes
Water Source
Public
Zoning
Residential/Commercial
Financials
Contract Earnest Check To
Central Colorado Title and Escrow
Contract Min Earnest
8000.00
Documents Available
Lead Base PaintPlat
Exclusions
Sellers personal property
Home Warranty
No
Ownership
Individual
Parcel Number
R380705319108
Rentals Allowed
Long TermShort Term Lease
Special Listing Conditions
None
Tax Annual Amount
1539
Tax Legal Description
LOTS 14 15 16 17 BLK 141 HASKELLS ADD SALIDA REC 337743
Tax Year
2023
Title Company
Central Colorado Title and Escrow

Neighborhood & Lifestyle

Community & Association
Pets Allowed
Cats OKDogs OK
Restrictions Other
Check with Chaffee County regulations and rules for STR.
School Of Choice
Yes
Senior Community
No
Schools
Ratings
Elementary
Longfellow
Middle
Salida
High
Salida
Elem. District
Salida R-32
Middle District
Salida R-32
High District
Salida R-32
Listing provided courtesy of RECOLORADO via IDX. Updated: Apr 7, 2026, 9:15pm.
Janine Marr

Listing Agent

HomeSmart Preferred Realty

Call Agent