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$1,400,000

Multi-Use Investment Opportunity in Silverton 1145 Greene Street — a prime mixed-use property located in the heart of Silverton’s vibrant downtown. This versatile building features three residential apartments and an established retail space, offering multiple income streams and development potential. The property includes two upper-level 2-bedroom, 1-bath units and a lower-level 1-bedroom, 1-bath unit with an office and convenient alley access. The front of the building is currently operating as a retail shop, with potential to convert into two separate storefronts or additional living space. VRBOs and short-term rentals are permitted, making this an excellent opportunity for owner-operators or investors seeking rental flexibility. Each unit is metered separately for propane and electricity. There’s room to expand with potential for a rear addition. The existing business may be purchased separately for a turnkey commercial investment. Whether you're looking for a live/work setup, a full rental investment, or mixed commercial-residential use, 1145 Greene Street offers unmatched flexibility in one of Colorado’s most unique mountain towns.

5 Beds ⋅ 4 Baths ⋅ 835623 MLS

1145 Greene St, Silverton

$658,000

This spacious home with historic charm is located in the heart of downtown Silverton and offers an excellent opportunity for a full or part time residence or rental investment. There's plenty of room to spread out with 3 living levels boasting 5 bedrooms and 3 bathrooms. A huge primary suite with ensuite bathroom sits on the 3rd level providing a private retreat, perfectly secluded from the rest of the home. Additional bathroom and 3 bedrooms are on the second level. The first level includes the 5th bedroom, bathroom and main living area with kitchen, dining, living and laundry areas. Just down the street from the Durango & Silverton Narrow Gauge train station and within walking distance to the National Historic Landmark downtown district, a thriving tourist hub. The town is located in a remote part of the western San Juan Mountains accessed about 1 hour north of Durango or from the famous and breathtakingly beautiful section of U.S. Route 550, known as the "Million Dollar Highway" connecting this special mountain town to Ouray. Silverton is a haven for the out door enthusiast. Surrounded by thousands of acres of public land, the location is perfect to explore and adventure. Experience guided and unguided expert terrain for seasoned skiers and snowboarders at Silverton Mountain, known as the highest and steepest ski area in North America. This gem of a home has had some updates over the years but is priced right to allow for your own vision of remodel or improvements.

5 Beds ⋅ 3 Baths ⋅ 835565 MLS

235 E 11th St, Silverton