220 E 12th St, Silverton, CO 81433

$240,000
4,178
SqFt

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Listing courtesy of Silverton Realty, Inc.. Selling Office: Silverton Realty, Inc..

Sold Price
$240,000
List Price
$495,000

Property Description

Exceptional commercial redevelopment opportunity in the heart of Silverton’s tourism corridor. This unique property consists of three commercially zoned lots located directly adjacent to the passenger drop-off for the historic Durango & Silverton Narrow Gauge Railroad, which brings hundreds of visitors into town daily during the peak summer season. The 3 lot, 7500 sq ft property includes an approximately 4,200 sq ft structure that sustained partial fire and water damage and is being sold as-is. The building is not condemned but will require significant repair or redevelopment, making this an excellent opportunity for investors or developers seeking a prime location for a new commercial venture. With its high visibility and exceptional proximity to one of Silverton’s most significant tourism drivers, the site offers outstanding potential for retail, restaurant, hospitality, mixed-use, or tourism-focused development. Rare opportunity to acquire multiple commercially zoned lots in a high-traffic tourist area with redevelopment potential in one of Colorado’s most iconic mountain destinations. Buyer to verify redevelopment options, and building condition.

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