Remarks

Presenting Silverton LP Gas, a well-established propane company with a remarkable legacy since 1954. Strategically located in an Enhanced Enterprise and Opportunity Zone, this turnkey business caters to approximately 475 households, providing an essential service to the community. With 64% of the 475 propane tanks company-owned, enjoy additional rental income. The Silverton Compass Master Plan highlights the importance of propane as an essential utility service, especially during frequent power outages, adding intrinsic value to the business. Embrace the economic advantages of being in an Enhanced Enterprise Zone, offering tax incentives for new employees, employee training, equipment purchases, and building rehabilitation. Silverton/San Juan County is an Opportunity Zone, providing federal incentives for investors to support distressed communities through private equity investments.
Immerse yourself in the allure of historic Silverton, a mountain town at 9318' in the San Juan Mountains. With its Victorian-era homes, the town exudes charm, while the Million Dollar Highway offers a scenic journey back in time.
The local economy thrives on outdoor recreation and tourism, notably driven by the Durango Silverton Narrow Gauge Railroad. Silverton boasts educational institutions, a free ski hill at Kendall Mountain, and the renowned Silverton Mountain Ski Resort, providing a unique mountain living experience unparalleled across the lower 48. Don't miss this extraordinary opportunity to become a part of Silverton's enduring legacy.

Details

MLS#: 183224
Price: $2,499,000

Style: Commercial
Sq Ft: 1
Year Built: 0

County: San Juan
Subdivision: Out Of Area
Tax Fee: 1390.04