156 3rd Ave
Property Description
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 more walkable Town Core with future streetscape improvements, including on-street parking, sidewalks and landscaping. Current Town Core regulations also provide flexibility for qualifying developments to utilize adjacent on-street parking, shared rear-lot parking and approved shared off-street parking arrangements toward parking requirements. Town representatives have additionally indicated that shared/downtown parking opportunities are being evaluated. Specific improvements, timing, locations and availability have not been finalized. Buyers should independently confirm how existing or future parking may apply to their proposed development. 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. Address Disclosure: Address shown is unofficial and is used for marketing/location purposes only. The vacant parcel has not been assigned an official street address. Property should be identified by its parcel number and legal description. Any future address will be assigned by the applicable governmental authority and may differ from the marketing address shown.Broker Details
Berkshire Hathaway HomeServices of America Colorado Real Estate 720-201-5402
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $200,000 |
| Lot Size: | 10,500.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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