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    Industrial Locker Plant Building Title is generated by Realmo AI

    140 S 8th Street, Silt, CO 81652

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    Claim this Listing
    For Sale
    $599,000

    One-level concrete block industrial building with office space and multiple coolers, suitable for cold-storage reconfiguration.

    Type:General Commercial
    Property size:
    2,892 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $207/SF
    Added:
    May 21, 2026
    Days on Market:
    25
    Last Refresh:
    Jun 14 at 1:37 am

    Property Features for 140 S 8th Street

    General Information

    Standard status
    Active
    Size
    2,892 SF
    Lot size
    0.32 Acres
    Property subtype
    General Commercial

    Building Details

    Year Built
    1946

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    Listing Contact
    Michael Kennedy
    Michael Kennedy

    Listing agent Michael Kennedy License #EA781235

    Listing office RE/MAX Mountain West

    Listing date May 21, 2026

    Source Xome

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Mountain West

    HighLights

    • One‑level concrete block industrial building in Silt on 0.32 acres, close to the main round‑about
    • Built in 1946; interior includes small office area and half bath
    • Includes meat cutting room and several large coolers
    • Has freezer lockers rented to the public
    • Could be reconfigured for another use; locker plant may be interested in a lease‑back in the event of a sale
    • Guest facilities: 3

    Overview

    The property is a one-level concrete block industrial building currently operated as a locker plant. The layout includes a small office area and half bath, along with a meat cutting room and several large coolers. In addition, the freezer lockers have been rented to the public, and the improvements could be reconfigured for alternative uses.

    The building is located in Silt, Colorado, near the main round-about. As described, the site provides a straightforward setting for industrial and storage-oriented tenants who need functional interior space and existing temperature-controlled components.

    For buyers or operators, this configuration can support continued cold-storage and locker-style operations, while also offering flexibility for a different industrial use if the current spaces are redesigned. A locker plant operator may have interest in a lease-back arrangement in the event of a sale, although the business is not for sale at this time. Overall, the property’s mix of office support space and temperature-controlled rooms can be a practical fit for users seeking an industrial building that already incorporates cold-storage functionality.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $63.5k $21.96
    − Vacancy −$8.9k −$3.07
    EGI $54.6k $18.89
    − OpEx −$13.7k −$4.72
    NOI $41.0k $14.16
    2,892 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $585.2K
    $512.0K – $682.7K (±1% cap)
    NOI $40,963 @ 7.0% cap · market cap 6.84%
    Second Best
    Warehouse
    $290.5K
    $254.2K – $338.9K (±1% cap)
    NOI $20,332 @ 7.0% cap · market cap 3.39%
    Theoretical Best
    Office A
    $757.4K
    $662.7K – $883.6K (±1% cap)
    NOI $53,017 @ 7.0% cap · market cap 8.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Gross Locker Plant Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

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

    Similar Places Nearby

    • Silt Storage — 1547 Main St, Silt, CO 81652
    • FreeUp Storage Silt — 357 S 16th St, Silt, CO 81652

    Location Insight

    • Map
    • Local Demand
    City
    Silt
    County
    Garfield
    State
    Colorado
    Longitude
    -107.6542356
    Latitude
    39.5463033

    FAQs

    What type of property is this?
    Warehouse - One-level concrete block industrial building with office space and multiple coolers, suitable for cold-storage reconfiguration.
    Where is this warehouse located?
    The property is located at 140 S 8th Street Silt, CO.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: One‑level concrete block industrial building in Silt on 0.32 acres, close to the main round‑about; Built in 1946; interior includes small office area and half bath; Includes meat cutting room and several large coolers
    More about this property
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