24 5th St, Steamboat Springs, CO

$7,495,000

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0.48

Acres

About 24 5th St

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.

Features of 24 5th St

MLS® # SS5207642
Price $7,495,000
Bathrooms 0.00
Acres 0.48
Year Built 1954
Type Commercial Sale
Sub-Type Retail
Style Mid-Century Modern
Status Active

Community Information

Address 24 5th St
Area Downtown Area
Subdivision DOWNTOWN RIVERVIEW SUBD
City Steamboat Springs
County Routt
State CO
Zip Code 80487

Amenities

Utilities Electricity Available, Natural Gas Available, Sewer Connected
Parking Spaces 21
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Brick, Block, Wood Siding
Roof Membrane, Metal
Construction Brick, Block, Wood Siding

Additional Information

Date Listed June 21st, 2023
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeWestern Centers, Inc

Listing Map

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