DEVELOPMENT OPPORTUNITY on Main Street! Amazing Location with an array of Incredible Options. This south facing, level, rectangular, half acre lot located 1/4 mi. from The Village (easy walk up the sidewalk) and 100 yards to the nearest shuttle stop is zoned MLR (Mixed Lodging/Residential) allowing for transient (short term) rentals, hotels/motels, bed and breakfast inns, multi-family residential, cafe/restaurant, general retail, and mixed-use development. The maximum floor area ratio (FAR) permitted is 2.0, applicable to entire development (e.g., 10,000-square-foot lot area x 2.0 FAR = up to 20,000 square feet of gross floor area permitted). There is no minimum floor area ratio requirement. The maximum building height permitted is 45 feet above finished grade; however, setbacks are required. The minimum setback requirements for the structure(s) are: Front Yard: 0 feet, subject to street improvements, Rear Yard: 10 feet, subject to street improvements, Interior East Side Yard:0 feet, and Interior West Side Yard: 0 feet. A Major Design Review, which is a special Planning Division submittal and fee, will be a requirement pursuant to Municipal Code Section 17.88.020(3). The Major Design Review fee is cost-accounted with a required $2,500 deposit. A physical color and material board of the proposed colors and materials and professionally prepared architectural plans will be required with the submittal.