130 E 4th Ave, Severance, CO for sale

Investment Overview

10,500 SF development site in the heart of Severance's Town Core. Comprised of three contiguous platted lots, the property offers an opportunity for commercial or mixed-use development within Severance's growing downtown area. Town Core zoning encourages a pedestrian-oriented mix of commercial and residential uses, with potential for retail, restaurant, service, office and mixed-use concepts. The Town has expressed interest in ground-floor commercial with residential above, creating an opportunity to combine multiple uses within a single development. The property is treated as one development parcel with one water tap. Severance is actively seeking additional sales-tax-generating businesses in the Town Core, and the Town has indicated that development incentives may be available for qualifying projects, including potential assistance with water tap and raw-water dedication costs. The Town’s planning framework supports a walkable Town Core with on-street and shared parking opportunities. Current regulations allow flexibility for qualifying developments to utilize on-street and approved shared parking. Future downtown parking improvements are being evaluated but are not finalized. Buyer to verify parking requirements and availability with the Town. The vacant site offers flexibility for future site planning and is well positioned to serve Severance's expanding residential base. Its downtown location and three-lot configuration provide an attractive opportunity for a developer, investor or owner-user looking to establish a presence in the community's evolving commercial core. Buyer to verify zoning, development requirements, utilities and available incentives.