Pamela Gonacha, Associate Broker
The median home value in Severance, CO is $485,000
This is higher than the county median home value of $430,000.
The national median home value is $308,980.
The average price of homes sold in Severance, CO is $485,000.
Approximately 75% of Severance homes are owned, compared to 21% rented, while 4% are vacant.
Severance real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Severance real estate agent to arrange a tour today!
Learn more about Severance.
Lot 2 of the Franklin Place development is a 3.07 acre site identified as a "Public Assembly Facility" under the Town of Severance's Town Core zoning prices at $6.50/Sf. Initial drawings have identified a 13,830 sf building with 339 seats but modifications can be made to fit your needs. See documents or contact listing agents for details. Non-potable water provided via the Tailholt Metro District.
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, 3,570SF is a fully insulated and heated shop w/new 13ft overhead roll up door, overhead radiant heating, new lighting, and a private bathroom with shower. Entire building's insulation was updated w/closed cell foam. Stub ins for second bathroom are available. 400 amp electrical service is newly updated from recent tenant finish. 1,267SF of unconditioned storage space is immediately adjacent to main shop with an exterior 10ft overhead roll up door and interior access directly to main shop by man door. Industrial space includes 16,000SF fully fenced storage yard with access from both 3rd ave and 2nd st. Entire parcel consists of 8 city lots with an additional sewer drop on 3rd st for future building/development.
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Pamela Gonacha
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