$545.40 Per Sq Foot $18,252 est/mo Sourced by Back At You

71450 Us Highway 550,Silverton, CO 81433

Silverton CO, 81433

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Description

This is an incredible opportunity to own THE Premier Colorado Live Music Destination, just outside of the up and coming town of Silverton. The historic building was built in 1924 as a roadside hotel, bar, restaurant. Today it is charming hotel and the coolest music and bar venue in the Southwest. The main level features a beautiful residence, bar, and hospitality area for guests. The second level features separate entrances into an 800 sq ft suite, laundry area for guests, and four newly remodeled hotel rooms, all with private baths. The third level is a 600 sf apartment/hostel/bunk room with a kitchenette and full bathroom.The "yard" features a timber-framed 600 sq ft bar, a matching timber-framed 600 sq ft stage with equipment room, 200 sq ft kitchen, men's and women bathrooms, ATM room, 40' container, and three out buildings. On two acres, backed up to National Forest, with immediate trail access, this property has stunning views in every direction. The Roadhouse is located in an Opportunity Zone allowing Investors to receive tax incentives in the form of deferral and elimination of state and federal capital gains taxes.The Columbine Roadhouse is certainly a most unique Colorado real estate offering and an amazing opportunity for savvy entrepreneurs. Showings to qualified buyers only.

Details

MLS#810741
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1924
Days On Site105
Listing Provided ByStellar Mountain Properties Ltd. | Melissa Childs

Features

Bath(s) 10 Total
SQ Feet6,234
Story(s)3
Units7
ZoningCommercial
Acreage2.00

Market Activity 81433

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Listings Checked: 37 seconds ago
StateCO
CountySan Juan
CitySilverton
Zip Code81433
AreaSilverton
Listing VS Median (in 81433)
Price:
$3,400,000
low | high
Med:
$1,318,000
100% of Average
SqFt:
6,234
low | high
Med:
6,750
41.72281039461% of Average
$ / SqFt:
$545
low | high
Med:
$212
100% of Average
On Site:
105
low | high
Med:
579.000000
18.134715025907% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 2:51:13 AM PDT