1323 Greene Street, Silverton, CO 81433 (MLS# 41061)

$3,000,000
1323 Greene Street
Silverton, CO 81433
MLS# 41061

Building, Business & Full Vacant Lot
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Building, Business & Full Vacant Lot 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433 1323 Greene Street, Silverton, CO 81433

Property Description
World renowned & infamously famous Handlebars Restaurant & Saloon & its historic building located in the heart of downtown Silverton is available for sale for the first time! Walking through the front doors at Handlebars is like taking a step back in time as you're greeted with the friendliest staff this side of the Animas. The building was built in 1905 but fully remodeled in 2019 including full new roof and large solar farm on the roof that provides additional income. The building is 6431 SF which includes a dining loft and full basement that are not included in that square footage count. Upstairs you'll find 4 comfortable studio apartments with full kitchens and shared laundry area, these are in high demand and rented year round to staff of the restaurant which operates May-Sept

Details
Documents
Listing & Location Info
Current Price: $3,000,000
Sub-Type: Multi-Family
Major Area: None
Area: Silverton, Town of - SLVR (Major Area None)
Asking Price: 3000000
Street #: 1323
Street Name: Greene
Street Suffix: Street
City/Town: Silverton
County: Other County
State/Province: CO
Postal Code: 81433
Keywords Info
# Of Tenants: 5
Full Baths: 4
Half Baths: 3
General Info
Land SqFt: 5000
Total # of Units: 5
Subdivision: None
Zoning: Historic Commercial
Legal: BLOCK 12 LOTS 15-16
Est Finished SqFt: 6431
Source SqFt: Broker
Directions: Silverton to Greene Street, straight down Greene past 13th, can't miss it on your left.
Year Built: 1905
Year Remodeled: 2019
View 1: Kendall Mountain
View 2: Downtown Silverton
Financing Info
BBC Comm: 3
BBC Comm Type: %
Assessor's Acct #: R2615
Taxes: 5605.95
Tax Year: 2021
RETT: None
Gross Income: 1181274
Operating Income: 288507
Status Change Info
Status: Active
Utility Info
Phone Lines: Regular Phone
Primary Heat: In-Floor
Property Features
Disclosures: None
Construction: Stone
Substructure: Unfinished
Primary Heat: Radiant in Floor
Gas: Propane Tanks
Electric: Power Company
Appliances: Commercial Kitchen
Special Location: Main Street
Business Inclusions: Books; Fixtures Included
Supplements
and then with Silverton Mountain Staff. Vacation rentals would be a use by right in this zoning as well. Next to the gorgeous stone building is a full vacant lot currently used for outdoor patio seating and staging, it is also zoned commercial and lodging (what we call Business pedestrian) so has HUGE opportunity for expansion including more lodging, more dining, retail, live / work .... this is the opportunity to live the Colorado Mountain Lifestyle dream offered at well below replacement cost, this opportunity is not to be missed! * 4 apartment units on the top floor * Restaurant space on the main and basement * Restaurant business, Handlebars Saloon, grossing on average over $1.27m annually each summer May - Oct * Solar farm on roof * A fully vacant side lot also zoned commercial currently used for outdoor seating but has so much potential in its own right! 2019 Full to the studs Rebuild includes: * Sprinkler system *2 large walk in coolers *1 large walk in freezer * 400 amp power * Solar farm on roof * In floor heating on first floor. * All FF&E included in sale, current owners open to train during transition, staff are dedicated and willing to stay. Silverton, CO is an IRS designated economic Opportunity Zone.

Listing Office: Mountain Rose Realty

Listing Agent: Anne-Britt Ostlund

Last Updated: July - 15 - 2023

1323 Greene Street, Silverton, CO 81433 - MLS# 41061
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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