71450 Highway 550

Silverton, CO 81433

$3,400,000
Price
—
Beds
7
Baths
3
1/2 Baths
6,234 Sq. Ft.
$545 / Sq. Ft.
6,234
Sq. Ft.
$545
per Sq. Ft.

Description

This is an incredible opportunity to own THE Premier Colorado Live Music Destination, just outside of the up and coming town of Silverton. The historic building was built in 1924 as a roadside hotel, bar, restaurant. Today it is charming hotel and the coolest music and bar venue in the Southwest. The main level features a beautiful residence, bar, and hospitality area for guests. The second level features separate entrances into an 800 sq ft suite, laundry area for guests, and four newly remodeled...This is an incredible opportunity to own THE Premier Colorado Live Music Destination, just outside of the up and coming town of Silverton. The historic building was built in 1924 as a roadside hotel, bar, restaurant. Today it is charming hotel and the coolest music and bar venue in the Southwest. The main level features a beautiful residence, bar, and hospitality area for guests. The second level features separate entrances into an 800 sq ft suite, laundry area for guests, and four newly remodeled hotel rooms, all with private baths. The third level is a 600 sf apartment/hostel/bunk room with a kitchenette and full bathroom. The "yard" features a timber-framed 600 sq ft bar, a matching timber-framed 600 sq ft stage with equipment room, 200 sq ft kitchen, men's and women bathrooms, ATM room, 40' container, and three out buildings. On two acres, backed up to National Forest, with immediate trail access, this property has stunning views in every direction. The Roadhouse is located in an Opportunity Zone allowing Investors to receive tax incentives in the form of deferral and elimination of state and federal capital gains taxes. The Columbine Roadhouse is certainly a most unique Colorado real estate offering and an amazing opportunity for savvy entrepreneurs. Showings to qualified buyers only.
  1. Listed by Melissa Childs • Stellar Mountain Properties Ltd.

Property Details for 71450 Highway 550

Water Front
No
Subdv Name
None

Location

Listing Courtesy of Stellar Mountain Properties Ltd., Melissa Childs
Add your commute
LISTING UPDATED: 11/28/2023 11:02 AM

Property Details for 71450 Highway 550

StatusActive
MLS #809284
Days on Market172
Taxes$2,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Other
Year Built1924
Lot Size2.00 AC / 87,120 SF
CountySan Juan County

Location

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

Building Information for 71450 Highway 550

Stories-Residences7Year Built1924Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$18,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,555

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 71450 Highway 550

Summary
Location and General Information
  • Directions: 2 miles N of Silverton on Hwy 550
Owner
  • Owner Name: McFadden
Parking
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8
  • High School: Silverton 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2022
  • Total Taxes $: 2762
Property
Property and Assessments
  • FIPS Code: 08111
  • Legal/Lot Block: Part of SILVERTON PLACER - 14665 more particularly described as that portion of the SILVERTON PLACER MINING CLAIM, U.S. Survey No. 14665, Animas Mining District, San Juan County, Colorado, which lies North of U.S. Highway 550 and East of a line beginning at a point which lies on the North boundary line of Silverton Placer and is 900 feet from point number 4 of the Silverton Placer as shown in Pages No. 18 and 19 of the plat book of the Clerk and Recorder of San Juan County, Colorado, and extending South 23
  • Photo Count: 32
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Well Permit #: 45368-F
  • Parcel ID #: 4.8270000010142E13
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Total # Electric Meters: 3
  • Water Well: Yes
Multi Family
Multi-Family Information
  • # of Units: 7
Interior and Exterior Features
Room Information
  • 1/2 Baths: 3
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 10.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Furnished
Exterior Features
  • Horse Setup: No

Property History for 71450 Highway 550

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 71450 Highway 550

Taxable ValueLand$55,460Additions$23,131Total$78,591
Tax Record2022$2,762 ($230 / month)
Home Facts
Total Finished SqFt6,234 SqFtAbove Grade Finished SqFt6,234 SqFtStories3Lot Size87,120 SqFtStyleMiscellaneous CommercialYear Built1924CountySAN JUANAPN48270000010140

Schools near 71450 Highway 550

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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71450 Highway 550 is a multi-family home for sale in Silverton, CO 81433. This property was listed for sale on November 11, 2023 by Stellar Mountain Properties Ltd., it's currently listed at $3,400,000. This listing's school district is Silverton 1 School District. Nearby schools include Silverton Elementary School, Silverton Middle School and Silverton High School. 71450 Highway 550 is a 0-bed, 8.5-bath, 6,234 sqft multi-family home built in 1924.

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. 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.