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 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. The E. Main St business district and South Main are expanding, and this property is ready for development. This location already sees tremendous car, bike, and foot traffic. Lots 1-2, 3, and 5 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.
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