Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
Buena Vista, CO 81211,Lot 5 Block 30 Cedar ST
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$315,000

$325,000

3.1%
Est.Price: ?

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Est. payment /mo

3,049 Sqft Lot


SOLD DATE : 02/25/2022

Key Details

Sold Price $315,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2478750

Sold Date 02/25/22

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $4,665

Tax Year 2021

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25' x 125'

Property Description

Prime Mixed Use vacant land located across the street from the Buena Vista Community Center, at the entrance to South Main, and just 1,100 feet from the Arkansas River. Each Lot measures 25’ wide x 125’ deep on a block that will one day be a big part of the connectivity from the downtown business district to South Main and the Arkansas River. The E. Main St business district and South Main are expanding, and this property is ready for development. The Boys & Girls Club are planning to build a brand new 22,000 sq ft facility across the street from this property, South Main just started Phase 2 right around the corner and behind this property, and several large new buildings are under construction and are about to start construction on the east end of E. Main Street. This location already sees tremendous car, bike, and foot traffic. Lots 1-2, 3, and 4 are being sold separately but could be combined for a larger project. These properties are zoned MU-2 (Mixed Use 2), which allows for a variety of uses including: residential, commercial, mixed-use, etc. Alley access allows you to maximize your investment and build a garage with ADU. This property is an easy flat walk to coffee, restaurants, music, shops, community events, recreation, and night life. 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.

Location

State CO

County Chaffee

Zoning MU-2

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Electricity To Lot Line, Internet Access (Wired), Natural Gas Available, Phone Available

View City, Mountain(s)

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

School District Buena Vista R-31

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Full Circle Real Estate Group
Bought with West and Main Homes Inc

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Matt Thomas

Consultant | Broker Associate | FA100030130

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