$499,000

Tbd 5th & Snowden Street

Silverton CO, 81433

Description

Prime development property in an OPPORTUNITY ZONE with Highway 550 frontage- 1.18 acres, 21 lots on one full block in Silverton, block87. Artist renderings include three additional blocks owned by sellers. Zoned commercial, this property is the gateway to the Town of Silverton. Uses include hotel, motel, tourist services, mixed use, multi-family residential. Water and sewer are installed on 5th street for the Anvil Mt subdivision, making it easier to develop this site. Beautiful views with flat building sites. The renderings are of a conceptual plan for a hotel on the highway frontage blocks and mixed use/residential on the blocks that are set back from the highway. In order to develop the plan shown, the Town of Silverton would have to agree to vacate some streets and alleys. All uses to be verified with the Town by buyer. Take advantage of this opportunity to own an entire commercial block in Silverton with Hwy 550 frontage and visibility or buy all four blocks!

Details

MLS#766916
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site33

Features

Acreage1.18

Market Activity 81433

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Area Information

StateCO
CountySan Juan CO
CitySilverton
Zip Code81433
AreaSilverton
Listing VS Median (in 81433)
Price:
$499,000
low | high
Med:
$144,900
100% of Average
On Site:
33
low | high
Med:
1245
2.650602409639% of Average
Listing Updated: 03/28/2020
MLS Number: 766916
Listing Provided By:
Melissa Childs  of  Stellar Mountain Properties Ltd.



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