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Investment Opportunity in Salida! Rare shot at purchasing four $1,590,000

332 F Street, Salida, CO 81201

2 br, 1.0 ba, 1955 1299 sf
Chaffee County
Ad #: 6913353

River Home For Sale near Arkansas River

Investment Opportunity in Salida! Rare shot at purchasing four contiguous commercially zoned lots in downtown Salida. Imagine the development possibilities for this 15,000 surface sq. ft., or, potentially 45,000 sq. ft. of vertical space. How about a new boutique hotel? A restaurant or other commercial space on the lower level and living quarters above? A rooftop venue? A building with many condominiums or, four houses and four ADU's to sell or rent as long or short term rentals. And while preparing plans for the future, this darling home, known locally as the Gypsy Heart, can be rented in addition to the 32 parking spaces. The 7,500 sq. ft. of asphalt may be used immediately for other purposes as well such as a food truck and farmers market courtyard. Use your imagination. It is conveniently located on F Street in the heart of downtown Salida and adjacent to Alpine Park. Salida is a thriving and charming mountain town along the Arkansas River. Art and music enthusiasts enjoy the active local culture and there's an abundance of recreational opportunities including boating and fishing on Gold Medal waters, road and mountain biking, hiking, four-wheeling and skiing at Monarch Ski Resort. Please contact the listing agent with your questions and to schedule an appointment.

Property Details

  • Beds: 2
  • Baths: 1.0
  • Sq Feet: 1299
  • Year Built: 1955
  • Location: Arkansas River - Chaffee County
  • Acres: 0.340
  • ViewTypes: Mountain
  • County: Chaffee County
  • Heat/AC: Forced Air
  • Garage: Carport, Garage
  • Siding: Frame, Wood Siding
  • Roof: Metal, Shingle
  • Stories: 1
  • MLS #: 4481896

Location

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Contact Information:

Contact Agent
Listing Agent: Wendy Rombold, Pinon Real Estate Group, 719-221-4662, 719-539-0200 Listing Site, Listing Status: Active
Copyright © 2025 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Salida, Colorado
Ad Number : 6913353
Viewed: 13 times
Added: Nov 25, 2025
Updated on: Nov 25, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.