$575,000

1321 Empire Street

Silverton CO, 81433

Description

The Northstar, located on historic Blair St, was built in 1905 as a Saloon and Boarding House for the Northstar mine. It has been lovingly remodeled and it now features two residential units and a huge shop space right in the heart of Silverton's Business District. The upstairs 3 br/2 bath unit is currently a Vacation Rental that rents for $250/night through VRBO and AirBNB. Zoning allows a Buyer to continue this use, thus allowing owner to cashflow the property when they are not occupying it. All furnishings in upstairs unit are included, making this a turn key Vacation Rental business. The Northstar has incredible views of Kendall mountain through the wall of glass in living area and features abundant natural light, street front balcony, an open floor plan w loft, and a rooftop greenhouse. The main level features a cute one bedroom apartment and a large shop/warehouse. This shop space has tremendous potential, as the commercial zoning allows for retail, nightly lodging, multi-family, light industrial, or bar and restaurant. There is also no shortage of storage, as there is a full basement, ~2000 SF, under the entire building. The Northstar is a beautiful, unique, Silverton property with great income potential.

Details

MLS#757675
StyleHouse
Sub-TypeResale
StatusPending - Show
Year1905
Days On Site152

Features

Bed(s)4
Bath(s) 3 Full
SQ Feet2,976
Story(s)Two Story
Acreage0.06

Additional Information

Taxes927
HeatingHot Water Baseboard,Boiler,Forced Air
Interior FeaturesWindow Coverings,Cathedral Ceiling
Available AmenitiesElectric,Propane-Tank Leased,Internet

Market Activity 81433

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Area Information

StateCO
CountySan Juan CO
CitySilverton
Zip Code81433
AreaSilverton
Community NameNot Applicable
Middle SchoolSilverton 6-8
High SchoolSilverton 9-12
Listing VS Median (in Not Applicable)
Price:
$575,000
low | high
Med:
$580,000
49.130434782609% of Average
SqFt:
2,976
low | high
Med:
2,598
62.701612903226% of Average
$ / SqFt:
$193
low | high
Med:
$228
31.807285546416% of Average
On Site:
152
low | high
Med:
297
51.178451178451% of Average
Listing Updated: 10/17/2019
MLS Number: 757675
Listing Provided By:
Melissa Childs  of  Stellar Mountain Properties Ltd.



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