4 Mears Ave

$2,200,000
Price
Beds
9,200 Sq. Ft.
$239 / Sq. Ft.
9,200
Sq. Ft.
$239
per Sq. Ft.

Description

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...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.

Property Details for 4 Mears Avenue

Water Front
No
LISTING UPDATED: 07/11/2025 01:38 AM

Property Details for 4 Mears Avenue

StatusActive
MLS #826299
Days on Market160
Taxes$6,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built2007
Lot Size0.27 AC / 11,761 SF
CountySan Juan County

Location

Listing Courtesy of Stellar Mountain Properties Ltd., Melissa Childs
Add your commute

Building Information for 4 Mears Avenue

Stories-Residences8Year Built2007Lot Size0.27 AC / 11,761 SF

Payment Calculator

$11,444 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,871

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4 Mears Avenue

Summary
Location and General Information
  • Directions: Come into Silverton on Greene St. Right on CR 2. One mile to Powerhouse PUD on right.
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Year: 2024
  • Total Taxes $: 6874
Property
Property and Assessments
  • FIPS Code: 08111
  • Legal/Lot Block: POWERHOUSE PUD LOT 4 - 11,945 SQ.FT.
  • Photo Count: 33
  • New Construction Y/N: No
  • Covenants Y/N: YES
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Mixed Use, Industrial
  • Possible Property Use: General Office, Manufacturing, Mixed-Use, Office Warehouse, Professional/Medical, Retail Storefront, Retail Warehouse, Showroom, Warehouse
  • Lot Dimension: 110' x 110'
  • Parcel ID #: 4.8290090010104E13
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Century Link
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 8
Interior and Exterior Features
Room Information
  • 1/2 Baths: 4
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 5.00
Interior Features
  • Furnished: Unfurnished
Rental
Rental Information
  • CAM Y/N: No

Property History for 4 Mears Avenue

DateEvent & SourcePriceAppreciation
Jul 7, 2025

Listed (Active)

CRENMLS #826300

$2,200,000
Jul 7, 2025

Listed (Active)

CRENMLS #826299

$2,200,000
DateEvent & SourcePrice
07/07/2025

Listed (Active)

CRENMLS #826300

$2,200,000
07/07/2025

Listed (Active)

CRENMLS #826299

$2,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4 Mears Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$6,874 ($573 / month)
Home Facts
Total Finished SqFt9,200 SqFtAbove Grade Finished SqFt9,200 SqFtStories2Lot Size11,944 SqFtStyleMiscellaneous IndustrialYear Built2007CountySAN JUANAPN48290090010104

Schools near 4 Mears Avenue

This home is within Silverton 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silverton Elementary School
PublicPK to 5

Silverton Middle School
Public6 to 8

Silverton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4 Mears Avenue is a mixed use property for sale in Silverton, CO 81433. This property was listed for sale on July 8, 2025 by Stellar Mountain Properties Ltd., it's currently listed at $2,200,000. This listing's school district is Silverton 1 School District. Nearby schools include Silverton Elementary School, Silverton Middle School and Silverton High School. 4 Mears Avenue is a 0-bed, 5-bath, 9,200 sqft mixed use property built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stellar Mountain Properties Ltd., Melissa Childs

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.