25' wide x 133' deep lot on E Main Street right in the heart of the downtown historic business district. This property is zoned MU-MS (Mixed Use Main Street) and is one of the only areas in town that is exempt from the new Short Term Rental restrictions. The ideal use would be to build a commercial unit facing E. Main with residential units in back and on the second floor. This block is the natural extension of the E. Main Street business district. There is a lot of exciting development happening on this end of E. Main St, including the new La Vista (www.lavistabv.com) commercial/residential project just 50' away. The land is clear and ready to build. Water, sewer, power, and fiber optic high speed internet are available. This property is directly across the street from Avery Parsons Elementary School, 350' from House Rock Kitchen, 1,800' from the Arkansas River, and sees a tremendous amount of foot and vehicle traffic. The sellers have architectural plans and engineering work that is approximately 80% complete for a commercial unit and 7 apartments that they are willing to sell outside of the real estate transaction. Buena Vista is within the Colorado Opportunity Zone. This economic and community development tax incentive program provides a new impetus for private investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is deferral, reduction and potential elimination of certain federal capital gains taxes.

Listing courtesy of Full Circle Real Estate Group



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