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Property profile & analytics
FOR SALE
Manufacturing properties

140 S 8Th St Silt, CO 81652

0.32 ac lot Built 1946
Individually Owned 7-yr Hold Free & Clear
Property ID
US13-0822151
Property summary
AI-generated overview

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 profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1946
Construction METAL FRAME
Lot 0.32 ac (13,789 SF)
APN 217910217004
UPID US13-0822151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gross Locker Plant Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Robert S Gross · 7 yrs held
Robert S Gross
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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