$599,000

Tbd 5th And Snowden

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, block 87. Artist renderings include three additional blocks owned by sellers. Zoned commercial, this property is the gateway to the Town of Silverton. Town is open to many options... think hotel, motel, tourist services, mixed use (buyer to verify uses that will be approved with town planner). 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! See MLS listing #746271, 760861, 760865 for adjoining blocks.

Details

MLS#746272
Sub-TypeResale
StatusActive
Days On Site528

Features

ZoningCommercial
Acreage1.18
Property ViewYes

Market Activity 81433

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Area Information

StateCO
CountySan Juan CO
CitySilverton
Zip Code81433
AreaSilverton
Listing VS Median (in 81433)
Price:
$599,000
low | high
Med:
$123,000
100% of Average
On Site:
528
low | high
Med:
505
100% of Average
Listing Updated: 11/14/2019
MLS Number: 746272
Listing Provided By:
Alix Rowland  of  The Wells Group of Durango Inc.



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