Property Description

Multi-Unit Development Opportunity in Popular Two Rivers Neighborhood. Zoned R-3, these combined lots are 28,455 sf, allowing up to 14 attached units under the new City of Salida Land Use Code. This opportunity offers significant savings to the buyer because both the Inclusionary Housing and Open Space requirements were met by the original developer: Two Rivers met the Inclusionary Housing requirement at time of development and there is no Inclusionary Housing requirement or Fee in Lieu due as part of the build plan for this lot; Two Rivers offers a pedestrian and biking bridge/trail system along the South Arkansas River with approximately 6 acres of open space and this extraordinary contribution satisfied the citys Open Space Requirement resulting in a $10,000 savings per buildable unit for the builder/buyer. Part of what makes Two Rivers so special is the long-term commitment to sustainability, including an emphasis on varied, natural, building materials that create architectural interest, engender community and compliment the local environment. Located at the confluence of the Arkansas and South Arkansas Rivers, and designed to be a multi-faceted walkable community, Two Rivers offers considered residential neighborhoods complimented by a progressive mixed-use commercial area where you can find: cocktail lounge, restaurant, coffee shop, bakery, EV charging stations and professional offices all nestled along the South Arkansas River. ** Contact listing agent to learn more. ** (It is always recommended that Buyer independently verify code/development requirements.)

Property Features

Local Schools