216 S Commercial St, Rico, CO 81332

Property Description

Exceptional Investment Opportunity in Historic Rico, Colorado! Discover a rare development opportunity in the heart of the San Juan Mountains. This offering includes five 25' x 100' town lots, with the potential for up to six homesites—configured as five two-lot building sites and one one-lot homesite. Whether you're planning mountain cabins, vacation rentals, or custom homes, the possibilities are endless. Even better, there are no HOA fees, no covenants, and no homeowners association, providing the flexibility and freedom today's builders and investors are looking for. This property is surrounded by year-round outdoor recreation. Enjoy easy access to world-class skiing, hiking, mountain biking, fishing, hunting, and off-road trails. Approximately 30 minutes to Dolores, and about 1½ hours to Durango, this is an ideal location for those seeking a quiet mountain lifestyle with convenient access to nearby amenities and attractions with a 40-minute drive to Telluride. Whether you're an investor, developer, or visionary builder, this is a unique chance to create something special in one of Colorado's most scenic mountain communities. Don't miss this outstanding land investment opportunity!