538 8th St, Steamboat Springs, CO 80487

Property Description

DEVELOPMENT OPPORTUNITY in Old Town Steamboat. Rare opportunity to develop this sizable downtown lot into 2 investment properties in the heart of downtown Steamboat. This .33-acre property is eligible to be subdivided into two city lots under RO Zoning (Residential Old Town). Options include building two homes—each with an ADU—or constructing a larger home with an ADU on one lot. Zoning also allows for the development of a duplex. Flat topography makes for easier site prep and the approximately 150 feet of alley access provides added convenience and privacy. Buyers are encouraged to confirm all planning and building possibilities with the City of Steamboat Planning Department. To subdivide, it is likely the existing 1508 SF home will need to be removed; thus the property is being sold “as is.” Ideally located across from Soda Creek Elementary and within walking or biking distance to downtown shops, restaurants, parks, and both the middle and high schools. Contact broker for more details, including plats, surveys, conceptual lot-split drawings, existing conditions, and dimensional standards for RO zoning.