235 W 3rd St

Salida, CO 81201

$275,000
Price
5,435 / 0.12
Lot Size / Acres

Description

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...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.

Property Details for 235 West 3rd Street

Architectural Style
Level, Paved
View
City, Mountain(s)
Subdivision Name
Haskell Addition
Association
Yes
Multiple Associations
No
LISTING UPDATED: 02/23/2026 11:06 PM

Property Details for 235 West 3rd Street

StatusActive
MLS #5676993
Days on Compass40
Taxes$386 / year
HOA Fees$1,800 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.12 AC
CountyChaffee County

Location

Listing Courtesy of HomeSmart Preferred Realty, Jessica Chariton
Add your commute

Building Information for 235 West 3rd Street

Lot Size0.12 AC

Payment Calculator

$1,522 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$32

HOA Dues

$150

The Payment Calculator is for illustrative purposes only.

Property Information for 235 West 3rd Street

Bed & Bath Summary
Bathrooms
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 0
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 0
Parking
Parking
  • Parking Features: None
  • Attached Garage: No
  • Parking Type: None
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association Fee Total Annual: $1,800
Site & Location Information
School Information
  • Elementary School District: Salida R-32
  • Middle Or Junior School District: Salida R-32
  • High School District: Salida R-32
Site & Location Information
  • Lot Size Acres: .12
  • Lot Size Square Feet: 5436
  • PSF Lot: $51
  • Lot Features: Level
  • Zoning: C2
  • Zoning Jurisdiction: City
  • Fencing: Partial
  • Accessibility Features: Level, Paved
  • Property Exclusions: none
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Utilities: Electricity Available, Internet Access (Wired)
  • Sewer: Public Sewer
  • Electric: 220 Volts

Property History for 235 West 3rd Street

DateEvent & SourcePriceAppreciation
Sep 7, 2022

Sold (Public Record)

Public Record #1497536185

$1,000,000

+9.7% / yr

May 28, 2009

Sold (Public Record)

Public Record #1104764231

$292,000—
May 28, 2009

Sold (Public Record)

Public Record #1104764231

$292,000—
DateEvent & SourcePrice
09/07/2022

Sold (Public Record)

Public Record #1497536185

$1,000,000

+9.7% / yr

05/28/2009

Sold (Public Record)

Public Record #1104764231

$292,000
05/28/2009

Sold (Public Record)

Public Record #1104764231

$292,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 235 West 3rd Street

Taxable ValueLand$17,140Additions$17,980Total$35,120
Tax Record2023$1,530 ($128 / month)
Home Facts
Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories1Lot Size11,326 SqFtStyleTriplexYear Built1899Year Renovated1950CountyCHAFFEEAPNR368132448320

Schools near 235 West 3rd Street

This home is within Salida R-32 School District.
Rating
School
Type
Grades
Distance
Longfellow Elementary School
Public - K to 4
Salida Middle School
Public - 5 to 8
Salida High School
Public - 9 to 12
Horizons Exploratory Academy
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 4

Salida Middle School
Public5 to 8

Salida High School
Public9 to 12

Horizons Exploratory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 235 West 3rd Street, Salida, CO 81201

235 West 3rd Street is a 0.12 ac of land for sale in Salida, CO 81201. This property was listed for sale on January 14, 2026 by HomeSmart Preferred Realty, it's currently listed at $275,000. It has been on the market for a total of 40 days and was last sold on September 7, 2022. This listing's school district is Salida R-32 School District. Nearby schools include Longfellow Elementary School, Salida Middle School and Salida High School. 235 West 3rd Street is a 0-bed, 0-bath, 0.12 ac of land on a 5,435 sq. ft. / 0.12 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Preferred Realty, Jessica Chariton

Based on information submitted to the MLS GRID as of 02/23/2026 11:06 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.