$2,200,000
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4 Mears Silverton, CO 81433
Single Family
Residence
1
Beds
5
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 lightâ??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, itâ??s priced significantly below todayâ??s average construction costs of $400/SFâ??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 exemptionsâ??adding substantial long-term value. Whether youâ??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.
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MLS#
826300
Property Type
Single Family
Bedrooms
1
Bathrooms
1 Three-Qtr/4 Half
Year Built
2007
Price per Sq. Ft.
$239.13
Lot Size
0.27
Stories
2.0
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