$510,000
Silt, CO 81652
MLS# 167726
Status: Closed
4800 sqft
1 / 10
Property Description
Commercial investment opportunity in Silt at an 8+ CAP Rate!! 4 separate heated 1,200 square foot units all with individual overhead doors and 3 with bathrooms (4th is plumbed) and fully leased out with long term tenants. One unit is month to month, the other leases expire in 2021 but have been there for many years. Terrific opportunity for either an investor or an end user looking for some shop space and tenants to help pay their way.
Details
Maps
Location Info
Current Price: $510,000
Type: Commercial
Major Area: Silt
Area: 11-Silt Proper
Asking Price: 510000
Original List Price: 510000
Street #: 2229
Street Name: Mustang
City/Town: Silt
State/Province: CO
Postal Code: 81652
Keywords Info
Total Building SqFt: 1.001 - 5,000
Association Dues: No
Payment Per: Unknown
Listing Info
Listing Date: 2020-12-03
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
Sub/Loc: Lyon Sub
County: Garfield
Legal: Section: 11 Township: 6 Range: 92 Subdivision: LYON SUB PUD Lot: 150 RESUB OF LOTS 109-113
Zoning: Commercial PUD
Lot SqFt: 15106
Nbr of Acres: 0.35
Total SqFt: 4800
Parcel #: 217911201171
Year Built: 2010
Directions: Silt exit, notth to Hwy 6, east to Silt Trade Center, right on Lyon Blvd. Left on Horseshoe Trail, right on Branding Iron, Property is on the corner of Branding Iron and Mustang.
Financing Info
Metro Tax District: No
Taxes: 5892.84
Tax Year: 2019
Transfer Tax: No
Status Change Info
Status: Closed
Under Contract Date: 2020-12-12
Proposed Close Date: 2021-03-01
Sold Date: 2021-03-01
Sold Price: $510,000
Sold Price Per/SF: 106.25
How Sold: Cash
Remarks
Public Remarks: Commercial investment opportunity in Silt at an 8+ CAP Rate!! 4 separate heated 1,200 square foot units all with individual overhead doors and 3 with bathrooms (4th is plumbed) and fully leased out with long term tenants. One unit is month to month, the other leases expire in 2021 but have been there for many years. Terrific opportunity for either an investor or an end user looking for some shop space and tenants to help pay their way.
Property Features
Allowable Uses: Industrial - Light; Warehouse
Current Use: Light Industrial
Construction: Steel/Metal
Substructure: Slab
Roof: Metal
Condition: Good
Heating/Cooling: Gas; Other
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Tenant Pays: Building Insurance; Electric; Gas; Property Taxes; Sewer; Structural Maint; Water
Owner Pays: Building Insurance; Property Taxes; Sewer; Water
Parking: Paved
Access: Paved
Location Amenities: Corner Lot; Gentle Topo
Occupant: Tenant Occupied
Documents on File: Soils Test
Terms Offered: Cash
Sign: Yes
Possession: DOD; Subject to Lease
Listing Office: Roaring Fork Sotheby's GWS
Last Updated: November - 10 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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