24 5th Street, Steamboat Springs, CO
$7,495,000
5,137
Square feet
0.48
Acres
About 24 5th Street
Rare Commercial opportunity downtown. A unique option to own one of the last remaining commercial lots in downtown Steamboat Springs, situated along the scenic Yampa River. This prime property features PUD zoning, allowing for a maximum building height of 48 feet and a wide range of development possibilities, including boutique hotel, retail, mixed use (retail & residential), and office use. An adjoining alley provides flexibility for onsite parking, making redevelopment even more seamless. Additionally, ownership includes use rights over the adjacent Plaza area along the Yampa River—an incredible amenity for enhancing future development. Imagine vibrant retail spaces at street level, overlooking the river, with limitless potential for residential, hospitality, or office space above. Existing leases offer immediate income to offset expenses during redevelopment, while the neighboring Riverview residential development is already underway, increasing the value and demand for this prime location. Opportunities like this are exceedingly rare—don't miss your chance to create something truly special in the heart of Steamboat Springs.
S1056762 is a commercial sale property located in Downtown Riverview Subd, Steamboat Springs, CO. This home is located at 24 5th Street, 80487, and features throughout 5137 square feet. Found in the Downtown Area area, the location is close to a variety of amenities. Built in 1954, this property for sale is listed at $7,495,000.00.
Facts & Features
| MLS® # | S1056762 |
|---|---|
| Price | $7,495,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,137 |
| Acres | 0.48 |
| Year Built | 1954 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 24 5th Street |
|---|---|
| Area | Downtown Area |
| Subdivision | DOWNTOWN RIVERVIEW SUBD |
| City | Steamboat Springs |
| County | Routt |
| State | CO |
| Zip Code | 80487 |
Amenities
| Amenities | Snow Removal |
|---|---|
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available |
| Parking Spaces | 21 |
| Parking | Off Street, Parking Lot, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Block |
|---|---|
| Lot Description | Corner Lot, Landscaped, Near Public Transit |
| Roof | Membrane, Metal |
| Construction | Brick, Block |
Additional Information
| Date Listed | March 25th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Deed Restricted | No |
Listing Details
| Office | Steamboat Sotheby's International Realty |
|---|