1st Street, Severance, CO

About 1st Street

14,000 SF development opportunity in the heart of Severance’s growing Town Core. Comprised of four contiguous platted lots, this vacant site offers flexibility for commercial or mixed-use development, including retail, restaurant, service, office, or residential-over-commercial concepts. Town Core zoning encourages a pedestrian-oriented mix of uses with potential development up to three stories. The approximately 100' x 140' site offers street frontage and adjoining alley access. The property is treated as one development parcel with one water tap, and the Town has indicated potential incentives may be available for qualifying projects, including possible assistance with water tap and raw-water dedication costs. Town Core regulations also provide flexibility for qualifying developments to utilize on-street and approved shared parking. Located on the east side of WCR 23/1st Street, across from the new Severance Police Station and one block north of the 4th Avenue/Harmony Road corridor. Severance is conveniently positioned between Windsor, Greeley, Fort Collins and the I-25 corridor. The community has experienced significant residential growth, with population increasing approximately 57% from 2020–2025 to an estimated 12,096 residents, median household income of approximately $128,000 and a median age of 34.4. Well positioned for a developer, investor or owner-user looking to serve Severance’s expanding residential base and establish a presence in the evolving Town Core. Buyer to verify zoning, development requirements, utilities, parking and available incentives with the Town of Severance.

Listing Map