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    140 8Th St Silt, CO 81652

    Sponsored
    For Sale
    $599,000

    Industrial building, 2892 sq ft, many possibilities.

    Property size:
    2,892 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,892 square foot commercial building located at 140 8th Street in Silt, Colorado presents a unique investment opportunity. Situated on a 0.32-acre lot conveniently near the main roundabout, this single-story block structure offers significant versatility. For many years, it has successfully operated as a locker plant, featuring a small office area, a half-bath, a dedicated meat cutting room, and several large coolers. A key income stream is generated from the rental of freezer lockers. The current business operation is not included in the sale. However, the seller is open to the possibility of a lease-back arrangement with the existing locker plant business post-sale. The building's robust construction and adaptable layout make it suitable for a variety of commercial uses. Buyers can envision repurposing the space to meet their specific needs, whether continuing its current function or transforming it into a completely new venture. The prime location and ample space offer considerable potential for growth and profitability. This is a rare chance to acquire a well-established commercial property in a thriving Colorado community. The property is priced at $599,000.

    Property Features for 140 8Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,892 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Gross Locker Plant Butcher Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silt
    County
    Garfield
    State
    Colorado
    Longitude
    -107.6543
    Latitude
    39.5463

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    FAQs

    What type of property is this?
    Commercial real estate - Industrial building, 2892 sq ft, many possibilities.
    Where is this commercial real estate located?
    The property is located at 140 8Th St Silt, CO.
    What is the asking price?
    The asking price for this property is $599,000.
    (970) 963-1940
    Request Owner's contact information
    140 8Th St Silt, CO 81652
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    Silt, CO 81652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 8Th St Silt, CO 81652
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