MLS# 6309388 | $11,900,000
Explore this rare development opportunity for sale in Steamboat Springs Colorado.
Creative and imaginative minds wanted! Rare development opportunity in the heart of downtown Steamboat, encompassing 11.5 city lots, bordering 12th Street and Oak Street. Six lots have Lincoln Avenue frontage, offering extremely high visibility with great access and exposure. Currently on the property is the Western Lodge Motel, a residential duplex and warehouse building. Located just a block away from the Yampa River and Bud Werner Memorial Library. This property has spectacular views of Howelsen Hill and is just steps from shopping, restaurants, parks and the hub of downtown activities. Soda Creek running through the property creates an opportunity to bring Steamboat’s natural elements into a design vision. This central location offers an ideal opportunity to create a property that could become a Steamboat icon.
According to the assessor’s website, this property has 1.74 acres. Please note, the value of this property is in City lots and location.
What can you possibly build?
Subject to the City of Steamboat Springs’ approval, here are some ideas, regarding what can be built on this location:
Hotel
Building with modern offices and retail space on the ground floor
Multi family homes
Retail spaces
Combination of commercial and residential spaces
Restaurants and shops
Multi use building
The creek’s banks could be shored up and lined with walkways, benches, and attractive landscaping
