$4,399,000
Silt, CO 81652
MLS# 1008904
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.
Details
Location Info
Area: Out of Area
Complex/Subdivision: See Remarks
Property Subtype: Industrial
Street #: 401
Street Name: Main
Street Suffix: Street
County: Garfield
State/Province: CO
Zip Code: 81652
Zip + 4: 81652
Keywords Info
Year Built: 1974
Lot Size Acres: 2.37
Lot Size Square Feet: 103237
Lot Size Source: Plat
Finished Square Feet: 27337
Total SqFt: 27337
Sq Ft Source: Plat
Association YN: No
Listing Info
Listing Price: 4399000
List Price/SqFt: 160.92
Current Price: $4,399,000
Status: Active
Listing Date: 2024-02-05
Coop Compensation Amount: 2
Coop Compensation Type: %
General Info
Construction Status: Complete
Parcel Number: 2179-102-27-004
Schedule Number: R040608
Zoning Code: B2 - Town of Silt
Metro District: No
Stories: 1
# Of Levels in Unit: 1
Entry Location: Street Level
Garage: Yes
# of Garage Stalls: 100
Freight Elevator: No
Mineral Rights: No
Passenger Elevator: No
Water Rights: No
Ground Lease: No
Units in Building: 11
Ceiling Heights: 14'-18'
Loading Area: See Remarks
Agent/Office Info
Other Comm Rate: No
Financing Info
Current Tax Amount: 452780
Current Tax Year: 2023
Status Change Info
Status Change Date: 2024-02-03
Original List Price: 4399000
Property Features
Development Status: Completed
Distressed Property: None
Utilities Available: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Trash; Water Available
Heating: Natural Gas
Water Source: Public
Sewer: Sewer Connected
Construction: Frame; Steel Siding
Foundation: Poured in Place
Roof: Metal
Geological Info: None Known
Electric Service: 220 Volts; See Remarks
Documents: Building Plans; Lease Agreement
Parking: Parking Lot
Possession: Delivery of Deed; Subject to Lease
Terms: 1031 Exchange; Cash; Owner Will Carry
Listing Office: Douglas Elliman Real Estate
Last Updated: February - 05 - 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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