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 â?? bring all offers!
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.
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, menâ??s and womenâ??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 propertyâ??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 exemptionsâ??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 Coloradoâ??s most iconic mountain settings. Seller financing available. Showings by appointment to qualified buyers only
Silverton is located in Colorado. Silverton, Colorado has a population of 638. Silverton is more family-centric than the surrounding county with 23.6% of the households containing married families with children. The county average for households married with children is 21.59%.
The median household income in Silverton, Colorado is $64,167. The median household income for the surrounding county is $63,333 compared to the national median of $69,021. The median age of people living in Silverton is 44.1 years.
The average high temperature in July is 74.1 degrees, with an average low temperature in January of -3 degrees. The average rainfall is approximately 24.2 inches per year, with 163.2 inches of snow per year.
