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Downtown Mixed-Use Property with Retail
New
For Sale
$1,299,000

322 Silver Street, Lake City, CO 81235

COMMERCIAL, Lake City, CO

Property Size2,964 SF
Lot Size0.23 Acres
Price / SF$438.26
Days on Market2

Property Features for 322 Silver Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2
Directions From Highway 149 turn west on Fourth St, left on Silver St.
Standard status Active
Size 2,964 SF
Lot size 0.23 Acres

Amenities

boardwalk
garage
storage shed
fenced yard
outdoor decks
outdoor balconies

Building Details

Year built 1977
Listing Agency: HomeSmart Realty Partners · HomeSmart International
Listed By: Darryl Dixon · License #FA100067296
Added: Sep 11 Last Checked: Sep 12 at 8:06AM
MLS# 838983

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 322 Silver Street in downtown Lake City, this mixed-use property combines a two-bedroom, three-bath residence with retail space within 2,964 square feet. Interior improvements include updated kitchens and bathrooms, light wood-look LVT flooring, refreshed lighting, interior and exterior paint, gas and wood stoves, and baseboard heat. The residence also includes three balconies, a loft-style second bedroom, a bonus room, exposed salvaged-wood beams, and a curved staircase.

The retail component presents a Hardie board exterior, board-and-batten finishes, and a rebuilt boardwalk. The 0.23-acre parcel adds a 24-by-16-foot garage, storage shed, fenced yard, decks, landscaping, and tall pines. The property sits on Silver Street within walking distance of local restaurants and shops and is also offered as a package with 324 Silver Street, including the additional home and corner lot.

Key Highlights

  • 2,964 square feet of combined residential and retail space
  • Two‑bedroom, three‑bath residence with updated kitchen and bathrooms
  • Retail frontage with Hardie board exterior and rebuilt boardwalk

Property Analytics

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Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

210
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
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined residential and retail space with updated interiors, outdoor decks, and a prominent downtown setting.
Where is this mixed-use property located?
The property is located at 322 Silver Street 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 feet of combined residential and retail space; Two‑bedroom, three‑bath residence with updated kitchen and bathrooms; Retail frontage with Hardie board exterior and rebuilt boardwalk
More about this property
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