Outstanding Downtown Redevelopment Opportunity (Off Market)

For Sale, USD 1,425,000


404 & 416 North Main Street,

Property Type : Other Residential

Property Style : N/A

Build Size : 2,472 ft² / 230 m²

Land Size : 21,780 ft² / 2,023 m² Convert Land Size

Bedroom : 4

Bathroom : 4

Half Bathroom : 0

MLS#: 829398


Property Description

Located in the Gunnison Opportunity Zone. Outstanding downtown Gunnison redevelopment assemblage—seven contiguous city lots zoned B-1 (Professional Business), offering flexibility for hotel, mixed-use, professional office, or residential development. The site previously received City of Gunnison and CDOT-reviewed Conditional Use approvals for a boutique hotel concept, confirming that such a use has been found acceptable at this location. These approvals have expired and would need to be re-filed under a new proposal, but they provide a strong entitlement foundation and a conceptual package for buyer consideration. Located within the federally designated Gunnison Opportunity Zone, the property may qualify for capital-gains tax incentives for redevelopment or long-term hold strategies. Currently includes four long-term rental units generating income during planning or entitlement phases .With the Gunnison Valley still short roughly 1,080–1,345 housing units by 2029, demand for both residential and lodging inventory remains strong—making this one of the most compelling Main Street redevelopment opportunities in Gunnison today.
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Lifestyles

Country Living
Mountain
Outdoor Activities
Ranch/Farm/Plantation
Skiing
Outstanding Downtown Redevelopment Opportunity , United States,Colorado,Gunnison is a 2,472ft² Gunnison luxury Other Residential listed for sale USD 1,425,000. This high end Gunnison Other Residential is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Gunnison or search for luxury properties for sale in Gunnison.