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Attention Developers! Discover the potential of this exceptional property, ideally situated behind the Peak School on the West end of Main Street. Formerly home to the Frisco Library, this underutilized building and site present a unique opportunity for redevelopment. Key Features include: Versatile Income Potential: The existing structure offers immediate income opportunities with minimal investment while you finalize your future plans. Excellent Parking: Benefit from abundant dedicated off-street parking in the back lot, as well as front street parking on Madison Ave. Development Options: Consider affordable housing conversions using LITECH/MITECH financing or envision an upscale residential community just steps from Main Street's vibrant shopping and dining scene. Ready for Transformation: Initial preparations have been made for the Library Lofts project, positioning the building for multi-family or your vision. Properties of this size with dedicated parking are a rarity in Frisco. Don't miss this chance to capitalize on a prime development site in a coveted location!
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Main Information

  • County: Summit
  • Property Type: Commercial Sale
  • Property Subtype:
  • Built: 1975

Exterior Features

  • Approximate Lot SqFt: 21126.60
  • Roof: Composition
  • Sewer: Public Sewer
  • Water Source: Public

Interior Features

  • Heating: Electric

Location Information

  • Area: Frisco
  • Legal Description: TR 5-78 SEC 34 QTR 1 SQFT 21127 PT OF FLORA PLACER CONT .32 AC AND LOT E-4 FRISCO WEST .165 AC
  • Lot Number: E-4
  • Parcel Number: 6505194


  • Available Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available
  • Days on Market: 16
  • Zoning Code: See Remarks

Financial Details

  • Current Tax Amount: $21,063.97
  • Current Tax Year: 2022
  • Possession: Delivery Of Deed

Do You Have Any Questions?

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