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Listed price in listed location currency (USD).
$599,000

0415

MLS® 829239

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4250 sqft
Garage No
HOA Fees 
Taxes 
Days Active 98
Approx. Age 2005
Avg. Price Per Sqft $140
MLS® Number 829239

Property Address: 120 W Silver Ave, Crestone, CO, 81131

Average square foot calculated using Size range provided by listing agent.

Description

Price Reduced | Now Offered at $599, 000 Opportunity at Your Fingertips! Turn-Key Restaurant & Income-Producing Apartments in Downtown Crestone, Colorado Rare mixed-use opportunity in the heart of Crestone. This centrally located property features a fully equipped, turn-key restaurant on the main level with four fully leased residential units above, offering immediate income and long-term flexibility. The upper level includes one private 1-bedroom, 1.5-bath apartment, plus three individual 1-bedroom units sharing a common kitchen/dining area and a well-designed shared shower with a separate toilet. High ceilings, large windows, exposed ductwork, and a clean, modern aesthetic make these units highly desirable. Tenants enjoy a wrap-around deck with sweeping views of downtown Crestone and the Crestone Peaks. The restaurant space is lively and open and comes fully equipped, including three 16” pizza ovens, two fryers, a flat-top grill with 6-burner propane range, walk-in refrigerator, and outdoor gazebo with covered bar—ideal for an owner-operator or as a leased commercial space. A unique combination of steady residential income and flexible commercial potential in a charming mountain town setting. 120 W. Silver Avenue is now priced at $599, 000—don’t miss this opportunity.
MLS® Number829239
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Customer Data, Fixtures, Furniture, Inventory, Phone #, Phone System, Propane-Tank Leased

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2025List Date
$599,000List Price
Feb 12, 2025End Date
$535,000Sold Price

Sold

Feb 25, 2025List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
120 W Silver Ave, Crestone, CO

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