Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. A strong fit for a developer/builder focused on well-located, efficient infill projects! The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in. MX-M Zoning (Mixed-Use Medium Scale) allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or potentially something more creative depending on your vision. Preliminary approvals already in place for six townhomes—potentially a streamlined path to development. It is ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services, immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City. Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living!