220 E 12th St Silverton, CO 81433
Estimated payment $2,834/month
About This Home
Exceptional commercial redevelopment opportunity in the heart of Silverton’s tourism corridor. This unique property consists of three commercially zoned lots located directly adjacent to the passenger drop-off for the historic Durango & Silverton Narrow Gauge Railroad, which brings hundreds of visitors into town daily during the peak summer season. The 3 lot, 7500 sq ft property includes an approximately 4,200 sq ft structure that sustained partial fire and water damage and is being sold as-is. The building is not condemned but will require significant repair or redevelopment, making this an excellent opportunity for investors or developers seeking a prime location for a new commercial venture. With its high visibility and exceptional proximity to one of Silverton’s most significant tourism drivers, the site offers outstanding potential for retail, restaurant, hospitality, mixed-use, or tourism-focused development. Rare opportunity to acquire multiple commercially zoned lots in a high-traffic tourist area with redevelopment potential in one of Colorado’s most iconic mountain destinations. Buyer to verify redevelopment options, and building condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,447
Year Built
- Built in 1901
Parking
- RV or Boat Parking
Home Design
- 4,178 Sq Ft Home
- Stick Built Home
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Silverton K-5 Elementary School
- Silverton 6-8 Middle School
- Silverton 9-12 High School
Additional Features
- 7,492 Sq Ft Lot
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 48291730300020
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,448 | $44,506 | $0 | $0 |
| 2023 | $2,096 | $51,127 | $48,337 | $2,790 |
| 2022 | $3,608 | $78,932 | $30,588 | $48,344 |
| 2021 | $3,559 | $79,867 | $30,823 | $49,044 |
| 2020 | $4,917 | $111,229 | $0 | $0 |
| 2019 | $4,932 | $111,229 | $44,728 | $66,501 |
| 2018 | $4,954 | $110,323 | $38,621 | $71,702 |
| 2017 | $4,735 | $540,621 | $0 | $0 |
| 2016 | $3,907 | $87,147 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $495,000 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | -- | None Listed On Document | |
| Special Warranty Deed | $600,000 | Colorado Ttl & Closing Svcs | |
| Warranty Deed | $395,000 | Colorando Title & Closing Se |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Seller Take Back |
Source: Colorado Real Estate Network (CREN)
MLS Number: 832316
APN: 48291730300020
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