951 Greene Street

Silverton, CO 81433

About this property

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.

About this property

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.

Features and Additional Information

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$1,200,000 Active
2 Bed(s)
4
Baths
5,035 sqft

Presented By Coldwell Banker Distinctive Properties Bozeman

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Get in touch today! Phone: 1-406-587-7653
Brokerage
Silverton Realty, Inc.
1-970-387-8808
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Area Information

Silverton | San Juan County | None

$ 1,200,000
This listing is play_arrow 55.3% higher than the average in the area
$ 772,450 in the area
5,035 SqFt
This listing is play_arrow 142.8% larger than the average in the area
2,074 SqFt in the area
$ 238 $/SqFt
This listing is play_arrow 36.0% less than the average in the area
$ 373 $/SqFt in the area
115 days on site
This listing is play_arrow 6.9% below the average in the area
124 days on site in the area

Schools in the Area

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    Elementary School
    Silverton K-5
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    Middle School
    Silverton 6-8
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    High School
    Silverton 9-12

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Listed By Tiesha Weller
Brokerage: Silverton Realty, Inc.

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