$2,200,000

4 Mears Ave Silverton, CO 81433

Estimated payment $12,311/month

Total Views 1,842
1 Bed
5 Baths
9,200 Sq Ft
$239 Price per Sq Ft

About This Home

Just one mile from downtown Silverton, Colorado, this versatile commercial property offers eight individual units, each over 1,000 square feet. A beautifully finished residential unit on the second floor features wood floors, 15-foot ceilings, stunning river views, and exceptional southern exposure for abundant natural light—providing a rare and attractive live/work opportunity. Three of the commercial units are equipped with 10-foot garage doors, ideal for light industrial, manufacturing, or storage use. Additional highlights include a paved, south-facing parking area, offering easy access and reduced snow maintenance in winter months. Constructed in 2007, the building is well-insulated and solidly built. At just $239 per square foot, it’s priced significantly below today’s average construction costs of $400/SF—making this an exceptional value in the current market. This property is well-suited for a small manufacturer looking to occupy the full building, or for an investor interested in leasing the units individually for strong income potential. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from state income tax credits and sales and use tax exemptions—adding substantial long-term value. Whether you’re launching a new venture or expanding an existing one, this is a rare opportunity to secure a strategic, high-potential commercial asset in a vibrant mountain town known for its exceptional quality of life for both owners and employees.

Listing Agent

Melissa Childs

Stellar Mountain Properties Ltd. Listed on: 07/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 2007

Lot Details

  • 0.27 Acre Lot
  • Property is zoned Commercial

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 9,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Silverton K-5 Elementary School
  • Silverton 6-8 Middle School
  • Silverton 9-12 High School

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Community Details

  • Property has a Home Owners Association
  • Powerhouse Association

Listing and Financial Details

  • Assessor Parcel Number 48290090010104

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.27
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Title Co.
  • Legal Lot Block: POWERHOUSE PUD LOT 4 - 11,945 SQ.FT.
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 48290090010104
  • Price Per Sq Ft: 239.13
  • Real Estate Included: Yes
  • Realist Id: 48290090010104.000000
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Street Designation: Avenue
  • Zoning: Commercial
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 5000
  • Year Built: 2007
  • Foreign Owned Y N: No
  • Prop Description Remarks: Just one mile from downtown Silverton, Colorado, this versatile commercial property offers eight individual units, each over 1,000 square feet. A beautifully finished residential unit on the second floor features wood floors, 15-foot ceilings, stunning river views, and exceptional southern exposure for abundant natural light—providing a rare and attractive live/work opportunity. Three of the commercial units are equipped with 10-foot garage doors, ideal for light industrial, manufacturing, or storage use. Additional highlights include a paved, south-facing parking area, offering easy access and reduced snow maintenance in winter months. Constructed in 2007, the building is well-insulated and solidly built. At just $239 per square foot, it’s priced significantly below today’s average construction costs of $400/SF—making this an exceptional value in the current market. This property is well-suited for a small manufacturer looking to occupy the full building, or for an investor interested in leasing the units individually for strong income potential. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from state income tax credits and sales and use tax exemptions—adding substantial long-term value. Whether you’re launching a new venture or expanding an existing one, this is a rare opportunity to secure a strategic, high-potential commercial asset in a vibrant mountain town known for its exceptional quality of life for both owners and employees.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 9200
  • Full Bathrooms: 0
  • Half Bathrooms: 4
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 5
  • Foundation: Slab
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Silverton LP Gas
  • Heating System: Boiler
  • Sewer Supplier: Septic

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Name: Powerhouse Association

Schools

  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8
  • High School: Silverton 9-12
  • High School: Silverton 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,874 $188,173 $0 $0
2023 $6,874 $188,173 $19,996 $168,177
2022 $3,975 $113,098 $19,605 $93,493
2021 $3,846 $113,098 $19,605 $93,493
2020 $3,278 $97,411 $97,411 $0
2019 $3,290 $97,411 $10,034 $87,377
2018 $2,200 $64,053 $10,046 $54,007
2017 $1,731 $196,276 $0 $0
2016 $1,731 $51,530 $0 $0
2015 $2,113 $51,530 $0 $0
2014 $2,103 $63,639 $0 $0
2013 -- $63,639 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $2,200,000 -- $239 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 826300

Colorado Real Estate Network (CREN)

APN: 48290090010104