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139 W Highway 50 - Salida Mobile Home Park 1.17 Acres of Residential Land Offered at $1,381,577 CAD in Salida, CO 81201
INVESTMENT HIGHLIGHTS
- In-place Income
- Covered Land Play
- Redevelopment Potential for Mixed-Use and/or Workforce Housing
EXECUTIVE SUMMARY
Sherpa Commercial Real Estate is pleased to present 139 W Hwy 50 Salida, CO 81201, a premier redevelopment opportunity situated in the heart of Salida’s primary commercial artery. This property offers a rare combination of immediate cash flow and high-density development potential. As Salida continues to evolve from a hidden mountain
gem into a premier year-round destination, the demand for diversified housing and modernized commercial space has reached an all-time high. This site is perfectly positioned to capture that momentum.The existing site layout allows the property to remain operational during entitlement, planning, and early-stage redevelopment efforts.
With a critical shortage of attainable housing in Chaffee County, the site’s proximity to downtown and transit makes it a prime location for high-density multi-family or "missing middle" housing. The Highway 50 frontage also provides high visibility for commercial/retail on the ground floor, with premium residential units above.
The property is fully leased and has historically maintained strong occupancy through word-of-mouth leasing within the local community, underscoring sustained housing demand in the Salida market. Importantly, the existing improvements generate in-place income without introducing structural or layout constraints that would materially limit future redevelopment of the site.
Please contact the listing broker for information on the existing in-place income and development potential.
gem into a premier year-round destination, the demand for diversified housing and modernized commercial space has reached an all-time high. This site is perfectly positioned to capture that momentum.The existing site layout allows the property to remain operational during entitlement, planning, and early-stage redevelopment efforts.
With a critical shortage of attainable housing in Chaffee County, the site’s proximity to downtown and transit makes it a prime location for high-density multi-family or "missing middle" housing. The Highway 50 frontage also provides high visibility for commercial/retail on the ground floor, with premium residential units above.
The property is fully leased and has historically maintained strong occupancy through word-of-mouth leasing within the local community, underscoring sustained housing demand in the Salida market. Importantly, the existing improvements generate in-place income without introducing structural or layout constraints that would materially limit future redevelopment of the site.
Please contact the listing broker for information on the existing in-place income and development potential.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $1,381,577 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Manufactured Homes or Mobile Home Park |
| No. Lots | 1 | Total Lot Size | 1.17 AC |
| Zoning | Commercial | ||
| Price | $1,381,577 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 1.17 AC |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,381,577 CAD | Lot Size | 1.17 AC |
| Price Per AC | $1,180,835.39 CAD |
| Price | $1,381,577 CAD |
| Price Per AC | $1,180,835.39 CAD |
| Lot Size | 1.17 AC |
The property consists of approximately 1.17 acres improved with one single-family residence and nine mobile home units, providing immediate rental income while preserving flexibility for future redevelopment.
DESCRIPTION
Sherpa Commercial Real Estate is pleased to present 139 W Hwy 50 Salida, CO 81201, a premier redevelopment opportunity situated in the heart of Salida’s primary commercial artery. This property offers a rare combination of immediate cash flow and high-density development potential. As Salida continues to evolve from a hidden mountain gem into a premier year-round destination, the demand for diversified housing and modernized commercial space has reached an all-time high. This site is perfectly positioned to capture that momentum.
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139 W Highway 50 - Salida Mobile Home Park
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