TBD Mineral St
Silverton, CO 81433
Silverton LP Gas · Specialty Property For Sale · 25,000 SF

Established Legacy: Silverton LP Gas has been under the same ownership for over six decades, demonstrating reliability and trustworthiness within the community. Essential Service: Propane is a crucial utility service in Silverton, especially noted for its reliability during frequent power outages, as highlighted in the Silverton Compass Master Plan 2022. Prime Location: Situated on 9 lots in a mixed-use zone, the business holds significant potential for future development, aligning with the town's vision outlined in the Silverton Compass Master Plan 2022. Infrastructure: San Miguel Power has buried the power lines on the property, ensuring uninterrupted service. Additionally, water and sewer tap fees have been paid, streamlining future installations. Additional Income: 64% of the propane tanks are company-owned, providing a steady stream of rental income in addition to core business operations. Enhanced Enterprise and Opportunity Zone Benefits: Tax Incentives: Silverton/San Juan County is an Enhanced Enterprise Zone, offering tax incentives for various aspects of business growth, including new employees, employee training, equipment purchases, and building rehabilitation. Federal Support: Designated as an Opportunity Zone, Silverton/San Juan County attracts investors through federal programs aimed at revitalizing distressed communities. This presents an opportunity for potential investors to benefit from deferral, reduction, and potential elimination of certain federal capital gains taxes. Community and Future Prospects: Silverton, CO, boasts a unique blend of scenic beauty and rich history, attracting visitors and residents alike. The town's commitment to balanced development, as outlined in the Silverton Compass Master Plan 2022, ensures a conducive environment for business growth and community prosperity. Don't Miss Out: Seize this opportunity to own a piece of Silverton's heritage while contributing to its vibrant future. Contact us today to learn more about acquiring Silverton LP Gas and becoming a part of this thriving community.