Silverton CO 5000+ Sq. Ft. Real Estate, Homes, Condos for Sale - Your Durango Real Estate

A rare opportunity to own a collection of established hospitality businesses and commercial real estate in the heart of Silverton, Colorado. Located along Greene Street, the town’s primary commercial corridor, 1304 & 1314 Greene Street brings together four distinctive businesses: The Pickle Barrel Restaurant & Bar, Smedley’s Ice Cream & Coffee, Smedley’s Suites, and Shangri-La Soaking Pools. A true Silverton institution, The Pickle Barrel has been serving locals and visitors since 1981 and remains a familiar gathering place in town. The property also includes Smedley’s Ice Cream & Coffee, four furnished lodging units with kitchens—including an updated Airbnb opportunity—and the unique Shangri-La Soaking Pools. Together, these businesses create multiple income streams across dining, retail, lodging, and recreation. Situated in the heart of downtown Silverton, the property benefits from year-round tourism tied to the San Juan Mountains, Alpine Loop and OHV traffic, winter recreation, train visitors, and outdoor enthusiasts. With approximately 10,500 square feet across two commercial parcels, this offering presents a rare opportunity for an owner-operator, hospitality group, or investor to own an established piece of Silverton’s commercial and tourism landscape.

1304 & 1314 Greene St, Silverton

$2,195,000

838111 MLS

A true Silverton landmark, Silverton Grocery has welcomed locals, outdoor enthusiasts, and travelers alike for generations. Positioned at the gateway to town on the iconic Million Dollar Highway, this highly visible commercial property is often the first stop visitors make and the last one before heading into the breathtaking San Juan Mountains. With a loyal local customer base and consistent year-round tourism, the business has established itself as an essential part of the community and a destination in its own right. Thoughtfully designed to serve a wide variety of customers, the store offers fresh groceries, a popular grab-and-go deli, beer and wine, gifts and souvenirs, camping supplies, and everyday essentials, all under one roof. This diverse product mix creates multiple income streams while meeting the needs of residents, vacationers, Jeep enthusiasts, hikers, and seasonal visitors throughout the year. Adding to the property's appeal is a beautifully remodeled 1,848-square-foot residence located above the store. The living quarters feature 2 bedrooms, 2 bathrooms, a dedicated office, and a versatile bonus room, providing an exceptional opportunity for owner occupancy, on-site management, employee housing, or additional rental income. More than just a commercial property, Silverton Grocery represents a rare opportunity to own an established business woven into the fabric of one of Colorado's most celebrated mountain towns. Whether you're looking to continue a successful operation or build upon this thriving business, this is a chance to invest in a property with long-term potential.

717 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

Prime 36-Lot Mixed-Use Development Site | Entitled & Utility-Ready in High-Barrier Mountain Market This rare, prime development opportunity positioned at the gateway to historic Silverton. Encompassing 36 fully entitled, mixed-use zoned lots, this versatile site offers exceptional upside for developers, merchant builders, or visionaries looking to shape the future of high-altitude hospitality and residential living. Flexible mixed-use zoning unlocks a wide array of build-out possibilities—including single-family, multi-family, luxury boutique lodging, or commercial development—in an unbeatable location with direct connectivity to Alpine Loop adventures and world-class San Juan Mountain recreation. While finalizing master plans or phased development timelines, the site features a long-established, turnkey operation serving as a regional hospitality hub since 1998 (comprising established lodging units, jeep rentals, and an on-site owner's residence). The residence provides an ideal base for a master developer, general contractor, or project manager during build-out, offering immediate operational flexibility and holding income. Positioned at the entrance to town with premier visibility and infrastructure potential, this parcel represents one of the largest shovel-ready development footprints available in the Silverton corridor.

664 Greene 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

$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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