Anchor Building 24 5th St 5,137 SF 93% Leased Retail Building Steamboat Springs, CO 80487 $7,495,000 ($1,459.02/SF)

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.