Mixed-Use Land for Sale in Silverton, Colorado

What are the advantages to a Commercial Property in Silverton Colorado for Sale

Business opportunity in an Enhanced Enterprise and Opportunity Zone in Silverton, CO! Silverton LP Gas has been under the same ownership since 1954. The Silverton Compass Master Plan 2022 has identified the need for redundancy in the power supply due to frequent power outages, making propane an essential utility service.Silverton/San Juan County is an Enhanced Enterprise Zone which offers tax incentives for new employees, employee training, new equipment purchases, and blighted building rehabilitation. Enterprise Zones tax credits are available from the State of Colorado Office of Economic Development and International Trade (OEDIT). Silverton/San Juan County is also an Opportunity Zone. Opportunity Zones are a federal program designated in the 2017 tax reform bill The allow incentive for investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is deferral, reduction and potential elimination of certain federal capital gains taxes.

LP gas business for sale in Colorado

This essential propane business for sale services approximately 475 households in the town of Silverton, CO. Your new turnkey business includes wonderful income, inventory and real estate needed to operate continuously without disruption of service to the customers of Silverton Colorado. The ONLY propane service company in town, and owned by the same family since 1954. The business sits on 9 lots in a mixed-use zone and it has been identified as an area to remain business/mixed use in the future land use framework as part of the Silverton Compass Master Plan 2022. The mixed use zone allows for commercial, multi-family and single family development. Water and sewer tap fees have been paid but not installed, a current value of $13,729. San Miguel Power has buried the power lines on the property. 64% percent of the 475 tanks are company owned, creating additional rental income for Silverton LP Gas.

Questions & answers Silverton propane business for sale

1. What is the relation of the LP gas business property in the City master plan and or benefit to a new owner as mentioned in the marketing materials.?

The Silverton Compass master plan calls for diversification in energy sources. The electric grid fails regularly in inclement weather and is not reliable for a heat source. Many homes and businesses are still using coal to heat their buildings. As they transition away from coal, the only alternative sources of heat are wood and propane, the latter of the two being the most efficient and reliable source of heat. New builds are being outfitted with propane so the customer base is growing.

2. What is the opportunity zone effect and or benefit to a new Silverton business buyer as mentioned in the marketing materials.?

A buyer would need to work with a tax professional or Region 9 Economic Development to verify that their purchase is eligible for Opportunity Zone federal tax credits through the State of Colorado Office of Economic Development and International Trade.

There are also state tax credits available through the Enterprise Zone program. The Town of Silverton is designated an Opportunity Zone and an Enhanced Enterprise Zone.

3. What are the opportunities for Silverton LP business expansion in or around existing operations.?

A buyer would need to verify opportunities for expansion of existing operations. The property is zoned as economic development, making it viable for multi-family, commercial, industrial or mixed-use. As mentioned, there are new builds which offer potential for new accounts and existing buildings being converted away from coal that present potential for new accounts. The business is currently only servicing the Town of Silverton, however.

4. What is the Economic forecast for Silverton, growth rates, new comers and businesses.?

Region 9 Economic Development provides a comprehensive Economic Snapshot for all towns in the region, including Silverton. we have witnessed a surge of growth in the town. Many elderly residents have moved to lower elevation and a new generation has moved in. The preschool has tripled in enrollment of infants and toddlers. The public K-12 school has almost doubled in enrollment as well. Silverton Mountain, one of the most extreme ski areas in North America and the town's largest employer, has just been sold to new owners, who have pledged to increase amenities and provide greater economic development for the town.

Where is the best propane business for sale in Colorado

Silverton Colorado is where you will find this propane business for sale with excellent income stream. Whether you're a newcomer or a seasoned visitor, Silverton, Colorado promises endless enjoyment. This National Historic Landmark, nestled within the San Juan Skyway, boasts attractions like 13,000 foot peaks in every direction, the ghost town of Animas Forks, the Durango & Silverton Narrow Gauge Railroad, and an authentic downtown that will have you wondering if you have stepped into an old western movie set.

The town's mining legacy dates back to the late 19th century when prospectors flocked to the area in search of gold, silver, and other valuable minerals. This influx of miners led to the rapid growth of Silverton and surrounding communities, transforming the region into a bustling hub of industry and commerce.

Today, Silverton preserves its mining heritage through various attractions that offer visitors a glimpse into the town's vibrant past. The San Juan County Historical Society is a valuable resource for exploring the area's history, showcasing artifacts, photographs, and documents that chronicle the development of Silverton and its surrounding communities.

Who is the best commercial real estate broker to sell your business, commercial property, or land in Silverton Colorado.?

Introducing Michael Krieg with United Country Real Colorado Properties. Michael is a long time resident of western Colorado With over 35 years as a business owner, including a family trash company operating in Silverton Colorado. Michael's experience in operating and selling businesses has proven very valuable to his clients who engage with Michael to list and sell their businesses in Colorado.

Michael has SOLD gas stations, oil field service companies, hotels, motels, resorts and restaurants all over Colorado and 9 other Rocky Mountain states for his United Country Real Estate clients. He is no stranger to the road, traveling the western states to serve the needs of buyers and sellers is one thing that sets Michael apart from the rest.

Michael has won several national and international real estate marketing awards for his dynamic approach to placing his clients businesses and properties in front of buyers most likely to have the desire and abilty to purchase them. With his local expertise and national reach his clients properties, businesses, and financial interests get SOLD.

United Country Real Estate business brokerge and commercial real estate.

United Country Real Colorado Properties expertise and professionalism in mid-market businesses for sale, coupled with our marketing and advertising programs result in an unmatched winning combination. Having accumulated valuable knowledge through experiences, resources and connections made over generations, UC Business Real Estate specialists, Michael Krieg is able to provide you with the best possible experience when buying or selling your office building, hospitality real estate, restaurant, bar or other commercial property. Our experienced Business Property Specialists will gladly guide you throughout the process of finding your ideal property.

Buying a business is so much more than just finding the right piece of property; it is also crucial to understand the legacy and potential of your business. Navigate the challenges with someone with your best interest in mind. At United Country Real Colorado Properties, all our agents, brokers, auctioneers and affiliates have all the know-how to guide you through this process, keeping you informed through each step and utilizing their unparalleled resources to find you your dream business property.

It doesn't matter if you're looking to buy mixed-use property with land to spare or sell a small, manufacturing company, our real estate professionals will guide your every step to secure an enjoyable experience while buying or selling your business real estate. Your United Country agent will utilize their immense experience, national marketing and local expertise to help you buy or sell your business or development property with ease.