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.
MLS# | 746272 |
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Sub-Type | Resale |
Status | Active |
Days On Site | 552 |
Zoning | Commercial |
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Acreage | 1.18 |
Property View | Yes |
Area Information | |
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State | CO |
County | San Juan CO |
City | Silverton |
Zip Code | 81433 |
Area | Silverton |
Listing VS Median (in 81433) | |
Price: $599,000 low | high Med: $124,000 On Site: 552 low | high Med: 831.5 |