Retail Space with
840 Main St, Silt, CO 81652
For Sale
New
$1,299,000
The offering combines a liquor store operation, its commercial building, and an adjoining parcel with food truck rental income.
Property Size9,264 SF
Days on Market5
Property Features for 840 Main St
General Information
Standard status
Size
Property subtype
Site & Location
Drive-Thru
Highway Access
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Amenities
drive-through window
Building Details
Building Size
Year Built
Buildings
Listed By:
Marty Rochowiak
(970) 989-3061
Source:
Elliman
Added: Nov 8
Last Checked: Nov 12 at 9:33AM
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 Marty Rochowiak
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 840 Main St, this retail property includes the Columbine Liquors business and a commercial building constructed in 1947. The operating liquor store has been in business for more than 40 years and includes a drive-through window. An unused basement provides additional interior space, while an adjacent vacant lot currently produces rental income from a food truck tenant.
The property is in Silt, Colorado, approximately two minutes from Interstate 70.
The property is in Silt, Colorado, approximately two minutes from Interstate 70.
Key Highlights
- Columbine Liquors has operated for more than 40 years
- Drive‑through window at the retail building
- Unused basement space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,057
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,241,140
$2.2M
Cap Rate 7%
$1,600,814
$1.6M
Cap Rate 9%
$1,245,078
$1.2M
Market Conditions
NOI Build-Up for 9,264 SF
Gross rent
$166.8K $18.00/SF
− Vacancy
−$6.7K −$0.72/SF
EGI
$160.1K $17.28/SF
− OpEx
−$48.0K −$5.18/SF
NOI
$112.1K $12.10/SF
Area
Garfield County, CO
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,241,140
Cap Rate 7%
$1,600,814
Cap Rate 9%
$1,245,078
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $112,057 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,829 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Hotels & Casinos 6%
Kum & Go
Shops & Services
9,525 visits/mo
0.1 miles
Dollar Tree
Shops & Services
5,779 visits/mo
0.1 miles
Dollar General
Shops & Services
5,056 visits/mo
0.4 miles
Sinclair
Shops & Services
3,047 visits/mo
0.0 miles
Holiday Inn Express & Suites Silt-Rifle
Hotels & Casinos
1,631 visits/mo
0.5 miles
Demographics for 81652, CO
5,801
Population
2,223
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
89%
High-School Grad
105.4 sq mi
ZIP Area
55
Density / Sq Mi
$97,760
Median Household Income
$47,561
Median Earnings
$2,030
Median Rent
$505,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Garfield County, CO
Properties on Market for Retail space in Garfield County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The offering combines a liquor store operation, its commercial building, and an adjoining parcel with food truck rental income.
Where is this retail space located?
The property is located at 840 Main St Silt, CO.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Columbine Liquors has operated for more than 40 years; Drive‑through window at the retail building; Unused basement space
