Silverton CO 3000+ Sq. Ft. Real Estate, Homes, Condos for Sale - Your Durango Real Estate

Premier Silverton commercial investment opportunity offered as a $3.5M real estate and business package. 1304 and 1314 Greene Street combine two downtown commercial parcels with four established hospitality businesses: The Pickle Barrel Restaurant & Bar, Smedley’s Ice Cream & Coffee, Smedley’s Suites, and Shangri-La Soaking Pools. The offering includes a historic restaurant/bar, full commercial kitchen, ice cream and coffee operation, four fully furnished lodging units with kitchens, and indoor soaking pools. Located in the heart of Silverton’s Greene Street corridor, this property benefits from San Juan Mountain tourism, Alpine Loop/OHV traffic, train-related visitors, winter recreation, and walkable downtown exposure. The package is ideal for an owner-operator, hospitality group, lifestyle investor, or buyer seeking multiple income streams in one of Colorado’s most distinctive mountain destinations. Financials, leases, permits, business details, and transition terms available to qualified buyers after NDA. Buyer to verify all square footage, zoning, licenses, permits, financials, FF&E, inventory, transferability, and operating approvals.

1304 & 1314 Greene St, Silverton

$1,400,000

835624 MLS

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. 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.

1145 Greene St, Silverton

$1,400,000

5 Beds ⋅ 4 Baths ⋅ 835623 MLS

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.

1145 Greene St, Silverton

$875,000

4 Baths ⋅ 835266 MLS

This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, bonus and storage spaces, individual furnaces, and individual laundry areas. A fourth unit is currently under renovation, offering immediate value-add potential. Additionally, there is an approximately 1,000 sq. ft. garage with the potential to be converted into a fifth apartment unit, creating even greater income opportunity. One unit features a dramatic multi-level solarium with outstanding solar gain, ideal for a greenhouse, studio, or sunroom. Situated on a large corner lot where the zoning also allows for an ADU by right, providing additional development flexibility. Seller financing is available — bring all offers!

858 Reese St, Silverton

$1,200,000

2 Beds ⋅ 4 Baths ⋅ 834503 MLS

Prime Greene Street location with MU1 business commercial zoning. Historic 5,000 SF brick building in the heart of downtown Silverton, formerly known as the Rainbow Garage. Situated on a 10,000 SF four-lot parcel, the property includes four rental units. The warehouse/garage portion includes approximately 2,300 SF main space and an adjacent 800 SF unit. The north-side exterior addition, currently occupied is approximately 750 SF. The remodeled 1,300 SF apartment is currently operating as a vacation rental, use by right. The MU1 district is intended to support a mix of commercial, service, entertainment, and residential uses within Silverton’s historic pedestrian-oriented downtown core. With a minimum build size requirement of 2,500 SF in the MU1 district, this parcel may offer the potential to separate two of the the four lots, subject to buyer verification and town approval. Additional features include large off-street parking, mountain views, and flexible mixed-use potential in a high-visibility downtown location.

951 Greene St, Silverton

$7,780,000

833904 MLS

Exceptional, thriving business and prime development opportunity at the gateway to historic Silverton. This well-established motel and RV park has been successfully attracting visitors since 1998, serving as a trusted hospitality hub for travelers exploring the San Juan Mountains. Situated on 36 mixed-use zoned lots, the property offers remarkable flexibility and upside potential. Continue operating the successful lodging business, complete with jeep rentals, and connections to Alpine Loop adventures, or capitalize on the zoning to develop single-family, multi-family, or commercial projects in this highly visible, high-demand location at the entrance to town. An on-site residence provides comfortable living for an owner-operator or an ideal base for a developer or general contractor during future build-out. Silverton is renowned for its world-class recreation, and this long-standing business has served both visitors and locals alike for decades, making it a rare opportunity to invest in both lifestyle and growth.

664 Greene St, Silverton

$963,000

3 Beds ⋅ 3 Baths ⋅ 833048 MLS

Live your dream on Silverton's coveted Shrine Hill—a rare, spacious property with the area of 6.7 town lots with unobstructed San Juan Mountain views in every direction. This completely remodeled home offers three bedrooms, three bathrooms, and a three-car garage. Step into the light-filled, open-concept living room and kitchen, ideal for entertaining or cozying up around the rock fireplace for an evening after your mountain adventures. Windows and an expansive deck frame sweeping views of Kendall Mountain, Pigeon and Turret Peaks, Grand Turk, Sultan and Anvil Mountains, Storm Peak, and Galena Mountain, with Silverton laid out below. The bar features a beautiful custom walnut countertop and seats six, perfect for hosting guests or family gatherings. A modern kitchen features white cabinets, open shelving, stainless steel appliances, a farmhouse sink, and room for a large kitchen table. Step outside onto the 500+ sq. ft. deck for endless views of town and mountains. Whether it's morning coffee or après-ski, the deck bar or hot tub delivers the full mountain experience from sunrise to sunset! The main level features two bright bedrooms. The generous primary suite includes a large closet and a fully remodeled adjoining bathroom with modern design touches. The second upstairs bedroom boasts excellent south-facing views and sits beside an updated hall bathroom with a full tub and shower. The walkout basement offers a bright family room perfect for TV, a home office, or a game room. The basement bedroom features an en-suite bathroom with glass shower, laundry, and a large closet. A truly impressive storage room with wall-to-wall shelving accommodates all your gear, hobbies, and more. High-speed fiber internet and ample space for a home office make remote work seamless. Outside the basement, you will find a MasterSpa hot tub with the best sunset views in town and a flat area for a fire pit or additional seating. The three-car garage holds vehicles, bikes, skis, and tools, while the wide gravel driveway offers a front-row seat to the annual July 4th fireworks. A drip-irrigated perennial garden graces the garage's north side (a favorite stop for deer and moose), and the south side accommodates additional vehicles or an RV. Extensively remodeled over six years, this solidly built home is truly move-in ready. Updates include the full kitchen, all three bathrooms, lighting, interior paint, carpet, tile floors and showers, and exterior doors. The log exterior was recently re-chinked, re-sealed, and re-stained for easy, low-maintenance living. Energy efficiency features include tight insulation, a high-efficiency boiler and tankless water heater, and double-paned windows with excellent solar gain. This home and garage sit on five town lots and the property also includes a vacated section of 11th Street. The property lies at the end of a cul-de-sac, perched on the hillside below the Miner's Shrine, surrounded on several sides by land that is today undeveloped—offering genuine privacy and access to nature within walking distance of Green Street, the school, and everything else Silverton has to offer. Silverton famously provides unparalleled access to mountains and national forests—and a family-friendly lifestyle to match. In the summer, enjoy hiking and trail running from the front door, miles of 4x4 roads, fly fishing, the new mountain bike park, a farmer's market, restaurants, shops, and concerts in the park. Winter brings backcountry and resort skiing, groomed Nordic trails, snowmobiling, sledding, ice skating, skijoring, and a vibrant community calendar. This is a one-of-a-kind property in one of Colorado's most beloved mountain towns. Don't miss your chance to call this retreat on Shrine Hill home.

1068 Keystone St, Silverton

$240,000

832315 MLS

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.

220 E 12th St, Silverton

$2,475,000

830948 MLS

A truly one of a kind acquisition opportunity in Silverton, CO, this mixed-use multifamily building is the largest apartment building in town with 10 residential units in addition to 3 commercial units on Silverton's main street. The property is 100% occupied with a strong historical occupancy and has been well maintained since construction. The building's exterior has recently been fully painted and the entire heating system has been improved and optimized. Amongst the 10 residential units there are 8 units offering a spacious 2 bed 2 bath layout with either bay-windows or french doors providing ample natural light and wonderful views of the San Juan Mountains that surround Silverton. The other two residential units are ground floor and ADA compliant with one unit being a large studio and the other being a 1 bed 1 bath with living space and separate kitchen area. All units have separate meters for electricity while the owner pays the other utilities and common area maintenance. Within the common areas is a coin op laundry room with 2 washers and 2 dryers that create additional income and are a great benefit for the tenants. Behind the building there are 4 covered parking spaces in the carport which have the option to create additional income as rented parking spaces. Significant opportunities for value add are found in the partially finished basement which totals 3,457 SqFt of space that has two points of egress and is tied into the robust sprinkler/fire suppression system that runs throughout the building. This space has an area that is stubbed out to create an additional bathroom and could be utilized as a gym facility, additional office spaces, or expansion of the paid storage areas and once finished would increase the total square footage of the building to 15,456. In addition, this property is located within the Business Pedestrian zoning district, which means this entire building has the ability to offer short term vacation rentals as a use by right, providing the owner various options in utilizing the property and maximizing their income. With the strict short term rental regulations in the region, this is a rare opportunity that does not come up often in beautiful Silverton, CO. The demand for housing in Silverton significantly outweighs the supply and this is an opportunity to be one of the largest providers of housing in the region.

1428 Greene St, Silverton

$1,400,000

798527 MLS

The Canyon View Motel, with 10 rooms (3 kings, 7 doubles), is a thriving business at the entrance to Silverton, CO. Meticulously cared for, return customers every year have only great things to say about the comfortable lodging. Silverton's only handicap accessible hotel/motel. Each room features its own HVAC unit. The motel sits on six city lots, with ample parking, or room for possible future expansion. Silverton is a designated Colorado Enterprise Zone AND a Federal Opportunity Zone. This is a great investment opportunity for a high margin, easy to operate, asset in Silverton, Colorado.

661 Greene St, Silverton

$2,100,000

810570 MLS

Business opportunity in an Enhanced Enterprise and Opportunity Zone in Silverton, CO! Silverton LP Gas has been under the same ownership since 1954. This essential propane company services approximately 475 households in the town of Silverton, CO. The turnkey business comes with all of the inventory and real estate needed to operate continuously without disruption of service to the customers. The business sits on 9 lots in a mixed-use zone and it has been identified as an area to remain business/mixed use in the future land use framework as part of the Silverton Compass Master Plan 2022. The mixed use zone allows for commercial, multi-family and single family development. Water and sewer tap fees have been paid but not installed, a current value of $13,729. San Miguel Power has buried the power lines on the property. The Silverton Compass Master Plan 2022 has identified the need for redundancy in the power supply due to frequent power outages, making propane an essential utility service. 64% percent of the 475 tanks are company owned, creating additional rental income for Silverton LP Gas. Silverton/San Juan County is an Enhanced Enterprise Zone which offers tax incentives for new employees, employee training, new equipment purchases, and blighted building rehabilitation. Enterprise Zones tax credits are available from the State of Colorado Office of Economic Development and International Trade (OEDIT). Silverton/San Juan County is also an Opportunity Zone. Opportunity Zones are a federal program designated in the 2017 tax reform bill The allow incentive for investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is deferral, reduction and potential elimination of certain federal capital gains taxes. The benefits of Opportunity Zone tax incentives are: 1. Deferral of capital gains tax until sale or Dec 31, 2026 2. Partial reduction of deferred gain – Tax basis increases by 10% if investment is held for 5 years – Tax basis increases by additional 5% if investment is held for 7 years 3. No capital gains tax on appreciation if investment is held for 10 years Historic Silverton, Colorado is an austere and iconic mountain town situated at 9318' in the heart of the San Juan Mountains. The breathtaking Million Dollar Highway delivers you back in time to a historic mining town with colorful Victorian era homes dotting the alpine landscape. Today’s economy consists of outdoor recreation and tourism, primarily brought from The Durango Silverton Narrow Gauge Railroad (DSNGR), which brings up to 1400 tourists to town daily by train. This town boasts a Regio inspired pre-school, Expedition Learning K-12 School, an in-town ski hill free to all students of Silverton at Kendall Mountain, and the elite Silverton Mountain Ski Resort for only the most experienced skier. This is a unique mountain living experience that cannot be duplicated anywhere across the lower 48.

Lots 1-9 Lots 1-9 Mineral Street, Silverton

$825,000

820591 MLS

Step back in time with this historic gem, built in 1903, nestled in the heart of the downtown business district. Originally a livery..a vital transportation hub in old American towns. Liveries provided horse-drawn coaches for hire, short-term stabling for privately owned horses, and even accommodations for travelers. The building’s original charm and character have been preserved. The brick exterior has withheld the test of time, showcasing timeless craftsmanship. As you step through the grand front doors, you’re greeted by a sprawling 2,222 sqft open space with high ceilings, an area ripe with unlimited possibilities for your vision. Moving toward the center of the first floor, you’ll find finished 1,542 sqft space, currently serving as part of the living quarters, with 3 bedrooms and 2 baths, large storage shelves and access to the rear where there’s an additional 1,178 sqft of unfinished storage space with tall ceilings, offering functional access to the second floor. As you ascend the stairs to the 2,061 sqft second floor you will find the common area including kitchen, dining and living. Walk through the hallway and you will see 2 bdrms an office and a bath. The third level, affectionately called the “studio space” by the current owners, retains the original elevator that once hoisted carriages for storage. Spanning 1,732 sqft, this open space boasts high ceilings, exposed brick walls, and endless creative potential.This property has a rich history, the current owners have occupied this building for just under 50 yrs, raising a family of six daughters , it is filled with love and memories. The roof was updated four years ago with durable and energy-efficient TPO roofing, a popular choice in mountain towns. The electric, water and sewer are all in working condition. The commercial zone allows for highest use by right scenarios including vacation rentals, Inns, employee housing, restaurants, and retail to name a few. It's also worth mentioning Silverton is an opportunity zone. This listing is only for the commercial building and real estate, there is not a business attached. This property is an opportunity to own a piece of history while capitalizing on its versatile potential. Whether you're envisioning a home, a business, or both, this unique space is ready for that right person.

1142 Greene St, Silverton

$2,200,000

1 Beds ⋅ 5 Baths ⋅ 826300 MLS

Just one mile from downtown Silverton, Colorado, this versatile commercial property offers eight individual units, each over 1,000 square feet. A beautifully finished residential unit on the second floor features wood floors, 15-foot ceilings, stunning river views, and exceptional southern exposure for abundant natural light—providing a rare and attractive live/work opportunity. Three of the commercial units are equipped with 10-foot garage doors, ideal for light industrial, manufacturing, or storage use. Additional highlights include a paved, south-facing parking area, offering easy access and reduced snow maintenance in winter months. Constructed in 2007, the building is well-insulated and solidly built. At just $239 per square foot, it’s priced significantly below today’s average construction costs of $400/SF—making this an exceptional value in the current market. This property is well-suited for a small manufacturer looking to occupy the full building, or for an investor interested in leasing the units individually for strong income potential. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from state income tax credits and sales and use tax exemptions—adding substantial long-term value. Whether you’re launching a new venture or expanding an existing one, this is a rare opportunity to secure a strategic, high-potential commercial asset in a vibrant mountain town known for its exceptional quality of life for both owners and employees.

4 Mears Ave, Silverton

$2,400,000

820808 MLS

This is an extraordinary opportunity to own a one-of-a-kind lodging and event venue just outside the vibrant mountain town of Silverton. Originally built in 1924 as a roadside hotel, bar, and restaurant, the Columbine Roadhouse has been thoughtfully reimagined into a boutique hotel and event space, with the potential to evolve into a true destination resort combining both refined indoor accommodations and upscale outdoor lodging. The main level features a private residence, a full-service bar, and a welcoming hospitality area for guests. The second floor offers four newly remodeled hotel rooms, each with a private bath, along with an expansive 800 sq ft guest suite and a laundry area. The third level includes a versatile 600 sq ft apartment/hostel/bunk room complete with a kitchenette and full bathroom. The outdoor event space is a true showstopper, designed for memorable gatherings and live entertainment. It includes a 600 sq ft timber-framed bar, a matching 600 sq ft covered stage with an equipment room, a 200 sq ft commercial kitchen, men’s and women’s restrooms, and a dedicated ATM room. The glamping component of this potential resort includes multiple tent platforms, a small residential cabin, and a new bathhouse scheduled for completion by spring 2026. There is additional capacity to expand with more glamping tents and RV sites, further enhancing the property’s appeal as a high-end, experience-driven destination. Set on two private acres bordering National Forest, the property offers direct trail access and sweeping panoramic views in every direction. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from significant tax advantages, including state income tax credits and sales/use tax exemptions—adding substantial long-term value. The Columbine Roadhouse is a rare and exciting opportunity for savvy entrepreneurs and creative investors seeking to create a distinctive destination resort in one of Colorado’s most iconic mountain settings. Seller financing available. Showings by appointment to qualified buyers only

71450 Us Highway 550, Silverton

$2,200,000

826299 MLS

Just one mile from downtown Silverton, Colorado, this versatile commercial property offers eight individual units, each over 1,000 square feet. A beautifully finished residential unit on the second floor features wood floors, 15-foot ceilings, stunning river views, and exceptional southern exposure for abundant natural light—providing a rare and attractive live/work opportunity. Three of the commercial units are equipped with 10-foot garage doors, ideal for light industrial, manufacturing, or storage use. Additional highlights include a paved, south-facing parking area, offering easy access and reduced snow maintenance in winter months. Constructed in 2007, the building is well-insulated and solidly built. At just $239 per square foot, it’s priced significantly below today’s average construction costs of $400/SF—making this an exceptional value in the current market. This property is well-suited for a small manufacturer looking to occupy the full building, or for an investor interested in leasing the units individually for strong income potential. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from state income tax credits and sales and use tax exemptions—adding substantial long-term value. Whether you’re launching a new venture or expanding an existing one, this is a rare opportunity to secure a strategic, high-potential commercial asset in a vibrant mountain town known for its exceptional quality of life for both owners and employees.

4 Mears Ave, Silverton

$2,400,000

10 Baths ⋅ 820809 MLS

This is an extraordinary opportunity to own a one-of-a-kind lodging and event venue just outside the vibrant mountain town of Silverton. Originally built in 1924 as a roadside hotel, bar, and restaurant, the Columbine Roadhouse has been thoughtfully reimagined into a boutique hotel and event space, with the potential to evolve into a true destination resort combining both refined indoor accommodations and upscale outdoor lodging. The main level features a private residence, a full-service bar, and a welcoming hospitality area for guests. The second floor offers four newly remodeled hotel rooms, each with a private bath, along with an expansive 800 sq ft guest suite and a laundry area. The third level includes a versatile 600 sq ft apartment/hostel/bunk room complete with a kitchenette and full bathroom. The outdoor event space is a true showstopper, designed for memorable gatherings and live entertainment. It includes a 600 sq ft timber-framed bar, a matching 600 sq ft covered stage with an equipment room, a 200 sq ft commercial kitchen, men’s and women’s restrooms, and a dedicated ATM room. The glamping component of this potential resort includes multiple tent platforms, a small residential cabin, and a new bathhouse scheduled for completion by spring 2026. There is additional capacity to expand with more glamping tents and RV sites, further enhancing the property’s appeal as a high-end, experience-driven destination. Set on two private acres bordering National Forest, the property offers direct trail access and sweeping panoramic views in every direction. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from significant tax advantages, including state income tax credits and sales/use tax exemptions—adding substantial long-term value. The Columbine Roadhouse is a rare and exciting opportunity for savvy entrepreneurs and creative investors seeking to create a distinctive destination resort in one of Colorado’s most iconic mountain settings. Seller financing available. Showings by appointment to qualified buyers only

71450 Us Highway550, Silverton

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