Search
Mixed-Use Property with Retail Space
For Sale
$1,299,000

322 Silver St, Lake City, CO 81235

A downtown residence and shop share updated interiors, outdoor decks, and a 10,000-square-foot lot.

Property Size2,964 SF
Lot Size0.23 Acres
Price / SF$438.26
Days on Market28

Property Features for 322 Silver St

General Information

Standard status Active
Size 2,964 SF
Lot size 0.23 Acres
Property subtype Commercial

Amenities

balcony
boardwalk
garage
storage shed
fenced yard
outdoor decks

Building Details

Year Built 1977
Listing Agency: HomeSmart Realty Partners
Listed By: Darryl Dixon C · License #FA100067296
Source: Mountainmeadowrealestate
Added: Aug 31 Changed: Sep 26 Last Checked: Sep 26 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Partners

Investment Insights

Based on property information with market context.

At 322 Silver Street, this mixed-use property pairs a two-bedroom, three-bath residence with retail space in a 2,964-square-foot building constructed in 1977. Recent work includes interior and exterior paint, lighting, LVT flooring, and a Hardie board facade. The updated kitchen has shaker cabinetry, an island, quartz counters, a fireclay sink, and Bosch appliances. Living areas include three balconies, gas and wood stoves, and baseboard heat. A curved staircase and exposed beams made from salvaged High Bridge train trestle wood connect the two bedroom areas; the upper bedroom has an adjoining bonus room.

The 10,000-square-foot parcel includes a 24-by-16-foot garage, storage shed, fenced yard, landscaped grounds, tall pines, and outdoor decks. The retail area opens onto a rebuilt boardwalk. The property sits on Silver Street in downtown Lake City, within walking distance of local restaurants and shops. It may also be acquired as a package with 324 Silver Street, which includes a home and corner lot.

Key Highlights

  • 2,964‑square‑foot mixed‑use building with two‑bedroom residence and retail space
  • 10,000‑square‑foot lot with a 24' x 16' garage, storage shed, and fenced yard
  • Three balconies, outdoor decks, and baseboard heat, plus gas and wood stoves

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Bakery Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 81235, CO

728
Population
1,008
Households
0.7
Avg Household Size
54
Median Age
48%
College-Educated
100%
High-School Grad
534.6 sq mi
ZIP Area
1
Density / Sq Mi
$67,750
Median Household Income
$39,412
Median Earnings
$1,099
Median Rent
$456,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - A downtown residence and shop share updated interiors, outdoor decks, and a 10,000-square-foot lot.
Where is this mixed-use property located?
The property is located at 322 Silver St Lake City, CO.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 2,964‑square‑foot mixed‑use building with two‑bedroom residence and retail space; 10,000‑square‑foot lot with a 24' x 16' garage, storage shed, and fenced yard; Three balconies, outdoor decks, and baseboard heat, plus gas and wood stoves
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message