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Home » Real Estate » CO » Salida » 81201 » 235 W 3rd St, Salida, CO, 81201
$275,000

235 W 3rd St, Salida, CO, 81201

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.
Offered By
Jessica Chariton, HomeSmart Preferred Realty

Property Details

Property Type Land
Status Active
MLS # 5676993

Market Trends

New Properties On Market
29
81% Increase In New Listings
Average Asking Price
$723,243
$81,562 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$439
$59 Increase In List Price/Sq. Ft.
Average Days On Market
7
21 Day Decrease In Days On Market
Data as of Mar 14, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.

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