24 5th Street, Steamboat Springs, CO 80487 (MLS # S1056762)

PRICE $7,495,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 20,953 sqft

Rare Commercial opportunity downtown. A unique option to own one of the last remaining commercial lots in downtown Steamboat Springs, situated along the scenic Yampa River. This prime property features PUD zoning, allowing for a maximum building height of 48 feet and a wide range of development possibilities, including boutique hotel, retail, mixed use (retail & residential), and office use. An adjoining alley provides flexibility for onsite parking, making redevelopment even more seamless. Additionally, ownership includes use rights over the adjacent Plaza area along the Yampa River"”an incredible amenity for enhancing future development. Imagine vibrant retail spaces at street level, overlooking the river, with limitless potential for residential, hospitality, or office space above. Existing leases offer immediate income to offset expenses during redevelopment, while the neighboring Riverview residential development is already underway, increasing the value and demand for this prime location. Opportunities like this are exceedingly rare"”don't miss your chance to create something truly special in the heart of Steamboat Springs.

LAST UPDATED 3/25/2025 TRACT DOWNTOWN RIVERVIEW SUBD
YEAR BUILT 1954 COMMUNITY Downtown Area
COUNTY Routt STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Downtown Area
CONSTRUCTION Block, Brick
HEAT Forced Air, Natural Gas
LOT 0.481 acre(s)
LOT DESCRIPTION Corner Lot, Landscaped, Near Public Transit
PARKING Off Street, Parking Lot, See Remarks
SEWER Public Sewer
SUBDIVISION DOWNTOWN RIVERVIEW SUBD
TAXES 67707.6
UTILITIES Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
WATER Public
ZONING Commercial
MORTGAGE CALCULATOR
   

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Listed with Steamboat Sotheby's International Realty
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