Silverton CO 7500+ 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

$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

$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

$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

$2,200,000

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

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