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24 5th Street

Steamboat Springs, CO 80487
  • $7,495,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: S1056762
UPDATED: 64 min ago
$7,495,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Description

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.

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© 2025 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2025-04-21T16:27:20.66.
www.findbreckenridgehome.com/homes/161887872
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24 5th Street Steamboat Springs, CO 80487

  • Price: $7,495,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 64 min ago
  • MLS #: S1056762
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1954
Built
Neighborhood:
Downtown Riverview Subd
County:
Routt
Area:
Downtown Area
Property Description
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.
Exterior Features

Construction Materials BrickBlock Parking Features Off StreetParking LotSee Remarks Parking Total 21 Roof MembraneMetal

Interior Features

Building Area Total 5137 Cooling Central Air Heating Forced AirNatural Gas

Property Features

Business Name Western Centers Business Type Professional Service Electric 220 Volts Exclusions Yes Inclusions no Lot Features Corner LotLandscapedNear Public Transit Pets Allowed Owner OnlyPet Restrictions Sewer Public Sewer Structure Type Retail Tax Annual Amount 67707.6 Tax Lot A Tax Year 2023 Tenant Pays Insurance Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableTrash CollectionWater Available Water Source Public Zoning Description Commercial

© 2025 SAR MLS
Listing provided courtesy of Steamboat Sotheby's International Realty: (970) 846-7192.


© 2025 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2025-04-21T16:27:20.66.
 
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Brady Team | RE/MAX Properties of the Summit
220 South Main Street
Breckenridge CO, 80424