Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    135 11 St Silverthorne, CO 80498

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,700,000

    High-return mixed-use investment opportunity.

    Property Features for 135 11 St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    Melissa Koll

    Listing Agency: Swan Mountain Real Estate, LLC Listing Agent: Melissa Koll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, located at 135 W 11th Street in Silverthorne, Colorado, presents a lucrative investment opportunity. Situated on a prominent 0.61-acre corner lot directly on Highway 9, this mixed-use building boasts a prime location with unparalleled visibility and accessibility. The property currently features four residential units upstairs, consistently maintaining 100% occupancy, providing a reliable stream of rental income. The entire ground floor is dedicated to commercial space, offering significant potential for a variety of businesses. The property is zoned for mixed-use development, allowing for flexibility and future expansion. A prospective buyer has the option to maintain the existing structure, renovate to enhance its current functionality, or even demolish and construct a new building entirely, tailored to their specific needs and vision. The asking price is $2,700,000. This presents a rare chance to acquire a high-performing asset in a thriving Colorado mountain town, offering both immediate income and substantial long-term growth potential. The strategic location on Highway 9 ensures high traffic volume and visibility, making it an ideal location for a variety of commercial ventures. The existing residential units provide a stable income base while the commercial space offers significant upside potential. Don't miss this chance to own a piece of Silverthorne's vibrant commercial landscape.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Pharmacy Kitchen & Bath Showroom Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Silverthorne
    County
    Summit
    State
    Colorado
    Longitude
    -106.0783
    Latitude
    39.64218

    Nearby Similar for Sale

    • $385,000
      1,300 SF

      Versatile Warehouse Condo Near I-70

      1300+ sqft warehouse condo with mezzanine, ideal for storage.
      220 Buffalo Mountain Dr, Silverthorne, CO 80498
      View Details
    • $599,000

      Office with Garage and Loft

      Office unit featuring garage bay, mezzanine loft, and mountain views.
      256 Annie Rd, Silverthorne, CO 80498
      View Details
    • $998,000
      2,138 SF

      221 Warren Avenue #1, Silverthorne, CO 80498

      Flex space • 2,138 SF
      221 Warren Ave, Silverthorne, CO 80498
      View Details
    • $385,000

      Silverthorne Warehouse Condo For Sale

      Versatile warehouse condo near I-70, ideal for various uses.
      220 Buffalo Mtn Dr #207, Silverthorne, CO 80498
      View Details
    • Contact for pricing

      Versatile Commercial Unit in Silverthorne

      2,138 sq ft unit with 14-foot garage door.
      221 Warren Ave, Silverthorne, CO 80498
      View Details
    • $625,000

      Silverthorne Commercial Unit - Great Potential

      Large unit, ideal storage or distribution. High ceilings, natural light.
      220 Buffalo Mtn Dr, Silverthorne, CO 80498
      View Details
    • $359,900

      Silverthorne Commercial Storage Unit

      Prime I-70 location, secure storage space.
      220 Buffalo Mtn Dr, Silverthorne, CO 80498
      View Details
    • $8,500,000
      12,888 SF

      Luxury Mountain Estate, Silverthorne CO

      16-bed, 10-bath mountain retreat near Raven Golf Course.
      330 High Park Ct, Silverthorne, CO 80498
      View Details
    • $800,000

      220 Buffalo Mtn 210A & 211A Dr, Silverthorne, CO 80498

      Commercial real estate
      220 Buffalo Mtn 210A & 211A Dr, Silverthorne, CO 80498
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-return mixed-use investment opportunity.
    Where is this commercial real estate located?
    The property is located at 135 11 St Silverthorne, CO.
    What is the asking price?
    The asking price for this property is $2,700,000.
    (970) 262-0282
    Request Owner's contact information
    135 11 St Silverthorne, CO 80498
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    135 11 St
    Silverthorne, CO 80498
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    135 11 St Silverthorne, CO 80498
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melissa Koll
    Real Estate License ID: ER40013666
    (970) 262-0282 (970) 406-2122
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!