Very rare opportunity to buy over 7.5 acres of property on the Rio Grande River. Currently a mix of 20 residential and commercial units, this property has immediate cash flow. Incredible opportunity for a mixed-use redevelopment. CDOT access permit in place for up to 40 mobile home park units. Could be an amazing location for a restaurant, RV resort, or multi-family housing. Located directly across the river from Alamosa's city hall and library complex with a pedestrian bridge to access Cole Park. Over 1,000 foot of river frontage and 15,000 AADT.