$4,399,000
Silt, CO 81652
MLS# 182285
27337 sqft
1 / 19
Property Description
Ideal 1031 investment. Leased income property with stable tenants: always in-demand and occupied with 10 essential storage, trades, and warehouse/office users. Ample parking, yard storage, and truck circulation with 14 drive-in doors and high clear heights. Heavy power. Strategically located in close proximity to an I-70 interchange with direct access from Highway 6. Profit generating investment with in-place leases providing 7+ cap rate, and immediate 8+ cap in year 1 at market rents. Seize this opportunity to own an income generating asset in a booming mountain market serving the Roaring Fork Valley.
Details
Maps
Documents
Location Info
Current Price: $4,399,000
Inside City Limits: Yes
Condominiumized: No
Zoning City: Silt
Zoning County: n/a
Type: Commercial
Major Area: Silt
Area: 11-Silt Proper
Asking Price: 4399000
Original List Price: 4399000
Street #: 401
Street Name: Main
Street Suffix: Street
City/Town: Silt
State/Province: CO
Postal Code: 81652
Keywords Info
Total Building SqFt: 20.001+
Association Dues: No
Listing Info
Occupant: Tennant
SqFt Level: Ground Floor
Listing Date: 2024-01-23
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: None
County: Garfield
Legal: All of Blocks 9-10, Town of Silt, Garfield County, Colorado
Zoning: B2
Lot SqFt: 103237
Nbr of Acres: 2.37
Levels: 1
Total SqFt: 27337
Unit SqFt: 27337
Ceiling Height: 18
Inventory: No
Parcel #: 217910227004
Year Built: 1974
Directions: I-70 to Silt exit. Go over I-70 overpass, take roundabout to Highway 6 west, building is on the left (south side of Highway 6) at 5th Street.
Financing Info
Metro Tax District: No
Taxes: 9490
Tax Year: 2023
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public Remarks: Ideal 1031 investment. Leased income property with stable tenants: always in-demand and occupied with 10 essential storage, trades, and warehouse/office users. Ample parking, yard storage, and truck circulation with 14 drive-in doors and high clear heights. Heavy power. Strategically located in close proximity to an I-70 interchange with direct access from Highway 6. Profit generating investment with in-place leases providing 7+ cap rate, and immediate 8+ cap in year 1 at market rents. Seize this opportunity to own an income generating asset in a booming mountain market serving the Roaring Fork Valley.
Units
Units: Other
Extras
Number of Doors: 14
Property Features
Allowable Uses: Income; Industrial - Light; Mixed Use; Office; Retail; Warehouse
Current Use: Income; Light Industrial; Warehouse
Construction: Frame; Steel/Metal
Substructure: Slab
Roof: Metal
Heating/Cooling: Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking: Common; Parking Lot
Extras: Three-Phase Electric; Restrooms; Storage; Overhead Door(s)
Location Amenities: Corner Lot; High Traffic Loc; High Visibility; Highway Access
Occupant: Tenant Occupied; Multiple Leases
Documents on File: Rent Roll
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: No
Possession: DOD; Subject to Lease
Assessor Records 
Listing Office: Douglas Elliman Real Estate-Willits
Last Updated: February - 03 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
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