951 Greene St, Silverton, CO 81433

Property Description

Prime Greene Street location with MU1 business commercial zoning. Historic 5,000 SF brick building in the heart of downtown Silverton, formerly known as the Rainbow Garage. Situated on a 10,000 SF four-lot parcel, the property includes four rental units. The warehouse/garage portion includes approximately 2,300 SF main space and an adjacent 800 SF unit. The north-side exterior addition, currently occupied is approximately 750 SF. The remodeled 1,300 SF apartment is currently operating as a vacation rental, use by right. The MU1 district is intended to support a mix of commercial, service, entertainment, and residential uses within Silverton’s historic pedestrian-oriented downtown core. With a minimum build size requirement of 2,500 SF in the MU1 district, this parcel may offer the potential to separate two of the the four lots, subject to buyer verification and town approval. Additional features include large off-street parking, mountain views, and flexible mixed-use potential in a high-visibility downtown location.