250 1st Street

Parcel 070536306013 is located in the heart of Severance, Colorado’s Town Core. This 14,000 SF parcel is positioned on the east side of Weld County Road 23/1st Street, north of E 3rd Avenue and across the street from the new Severance Police Station. The property is just one block north of the E 4th Avenue/Harmony Road corridor, providing a central location within Severance’s historic Town Core. Severance is strategically positioned between Windsor, Greeley, Fort Collins and the I-25 corridor, offering convenient access to major Northern Colorado employment centers, amenities and transportation routes. The community has experienced substantial residential expansion, with population increasing approximately 57% from 2020 to 2025 to an estimated 12,096 residents. Severance also features strong household demographics, including a median household income of approximately $128,000 and a median age of 34.4. The Town Core is intended to support commercial activity, services and mixed-use development as Severance continues to grow. This central location offers an opportunity to serve the community’s expanding residential base while benefiting from the Town’s focus on attracting additional businesses, services and investment to the Town Core. 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.14,000 SF development site in the heart of Severance's Town Core. Comprised of four 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 identified ground-floor commercial with residential above, potentially up to three stories, as a desirable development concept for the downtown area. 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 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 walkable Town Core with on-street and shared parking opportunities. Current regulations allow flexibility for qualifying developments to utilize on-street and approved shared parking. Future downtown parking improvements are being evaluated but are not finalized. Buyer to verify parking requirements and availability with the Town. The approximately 100' x 140' vacant site provides flexibility for site planning, with street frontage and adjoining alley access. The Town is also working to support downtown development through on-street parking and shared public parking strategies. Well positioned to serve Severance's expanding residential base, this is an excellent opportunity for a developer, investor or owner-user seeking a presence in the community's emerging commercial core. Buyer to verify zoning, development requirements, utilities and available incentives.