$2,499,000
Silverton, CO 81433
MLS# 183224
1 sqft
1 / 21
Property Description
Presenting Silverton LP Gas, a well-established propane company with a remarkable legacy since 1954. Strategically located in an Enhanced Enterprise and Opportunity Zone, this turnkey business caters to approximately 475 households, providing an essential service to the community. With 64% of the 475 propane tanks company-owned, enjoy additional rental income. The Silverton Compass Master Plan highlights the importance of propane as an essential utility service, especially during frequent power outages, adding intrinsic value to the business. Embrace the economic advantages of being in an Enhanced Enterprise Zone, offering tax incentives for new employees, employee training, equipment purchases, and building rehabilitation. Silverton/San Juan County is an Opportunity Zone, providing federal incentives for investors to support distressed communities through private equity investments. Immerse yourself in the allure of historic Silverton, a mountain town at 9318' in the San Juan Mountains. With its Victorian-era homes, the town exudes charm, while the Million Dollar Highway offers a scenic journey back in time. The local economy thrives on outdoor recreation and tourism, notably driven by the Durango Silverton Narrow Gauge Railroad. Silverton boasts educational institutions, a free ski hill at Kendall Mountain, and the renowned Silverton Mountain Ski Resort, providing a unique mountain living experience unparalleled across the lower 48. Don't miss this extraordinary opportunity to become a part of Silverton's enduring legacy.
Details
Location Info
Current Price: $2,499,000
Inside City Limits: Yes
Condominiumized: No
Zoning City: Silverton
Zoning County: San Juan
Type: Commercial
Major Area: Out of Area
Area: Within Colorado
Asking Price: 2499000
Original List Price: 2499000
Street #: TBD
Street Name: Mineral
Street Suffix: Street
City/Town: Silverton
State/Province: CO
Postal Code: 81433
Keywords Info
Total Building SqFt: Not Applicable
Association Dues: No
Listing Info
Occupant: Owner
Listing Date: 2024-03-08
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
Sub/Loc: Out of Area
County: San Juan
Country: United States
Legal: BLOCK 18 LOTS 1-9 AND IMPROVEMENTS
Zoning: Mixed Use
Lot SqFt: 22500
Nbr of Acres: 0.52
Total SqFt: 1
Unit SqFt: 1
Parcel #: 482917301800
Directions: From Greene Street Through town, turn Right on 12th Street, Left on Mineral Street, Property is on your right
Financing Info
Metro Tax District: No
Taxes: 1390.04
Tax Year: 2022
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public Remarks: Presenting Silverton LP Gas, a well-established propane company with a remarkable legacy since 1954. Strategically located in an Enhanced Enterprise and Opportunity Zone, this turnkey business caters to approximately 475 households, providing an essential service to the community. With 64% of the 475 propane tanks company-owned, enjoy additional rental income. The Silverton Compass Master Plan highlights the importance of propane as an essential utility service, especially during frequent power outages, adding intrinsic value to the business. Embrace the economic advantages of being in an Enhanced Enterprise Zone, offering tax incentives for new employees, employee training, equipment purchases, and building rehabilitation. Silverton/San Juan County is an Opportunity Zone, providing federal incentives for investors to support distressed communities through private equity investments.
Immerse yourself in the allure of historic Silverton, a mountain town at 9318' in the San Juan Mountains. With its Victorian-era homes, the town exudes charm, while the Million Dollar Highway offers a scenic journey back in time.
The local economy thrives on outdoor recreation and tourism, notably driven by the Durango Silverton Narrow Gauge Railroad. Silverton boasts educational institutions, a free ski hill at Kendall Mountain, and the renowned Silverton Mountain Ski Resort, providing a unique mountain living experience unparalleled across the lower 48. Don't miss this extraordinary opportunity to become a part of Silverton's enduring legacy.
Current Use
Other: Propane Company
Terms Offered
Other: Conventional
Property Features
Allowable Uses: Hospitality; Income; Industrial - Light; Mixed Use; Multi-Family Res; Office; Retail; Single Family Res; Warehouse
Current Use: Light Industrial
Electric: Yes
Gas: Propane
Sanitation: Sewer
Occupant: Owner Occupied
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Possession: Negotiable
Listing Office: United Country Real Colorado P
Last Updated: April - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Broker Attribution:
(970) 256-9700