312 1st St, Severance CO 80546

$1,075,000

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Property Description

Live and work in this incredible mixed-use property on 1st street in the heart of Severance Colorado. This one of a kind property blends historical character with modern amenities. With three separate units, two residential and one industrial, this property will immediately generate income and provide long-term redevelopment potential. Main floor residential unit is 1BR, 2BA with full kitchen, office, washer/dryer hookups and spacious living area. Upstairs, a separate, modern studio apartment with kitchenette and updated 3/4 bath has a long history as a short term rental with over 260 occupied nights in 2023. Residential units share access to outdoor patio space with hot tub hookups, garden shed, and parking spaces for two RVs or travel trailers. The residential portion is separated from the industrial unit by a 2hr fire wall and a lobby/storage area with fire suppression system that protects the entire residential portion of the property. The Industrial unit totals 4,837SF of which,

General Features

MLS: 1001916Status: Sold
Sold Date: 06/14/2024Acreage: 0.69 acres
Lot Size: 30,000ft²

Additional Information

New Financing: Cash,Conventional,1031 Exchange
Utilities: Natural Gas Available,Electricity Available,3-Phase Electric,High Speed Avail

Walking Score

Property Database Last Updated: September 22nd 2026 12:00 AM

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