Remax Country

401 Main Street, unit 1, Silt, CO 81652 (MLS# 151735)

401 Main Street, unit 1
Silt, CO 81652
MLS# 151735
4000 sqft

End Unit commercial condo with a bay door! Excellent investment
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End Unit commercial condo with a bay door! Excellent investment 401 Main Street, unit 1, Silt, CO 81652

Property Description
Easy Money! Good Net Operating Income. 8 percent yield / Cap Rate. Could be better since the second unit rent is low. Community Area Maintenance paid by tenants and that equals low expenses for the owner. Easy to rent. Both units currently rented. 1500 sq ft unit is month to month. You can have it, rent it higher than the current 600 per month and make money. 4000 sq ft with a bay door. Gas heater. This is Easy Money for an investor.

Location Info
Current Price: $419,300
Type: Commercial
Major Area: Silt
Area: 11-Silt Proper
Asking Price: 419300
Original List Price: 419300
Orig List Price Per/SF: 104.83
Street #: 401
Street Name: Main
Street Suffix: Street
Address 2/Unit #: unit 1
City/Town: Silt
State/Province: CO
Postal Code: 81652
Keywords Info
Building SqFt: 1.001 - 5,000
Unit SqFt Range: 3,001 +
HOA Dues Y/N: No
Payment Per: Unknown
Listing Info
Member Association: Glenwood Association
General Info
Sub/Loc: None
County: Garfield
Legal: Section: 10 Township: 6 Range: 92 Subdivision: SILT BUILDING LLC CONDOS Unit: 01
Zoning: Commercial B2
Total SqFt: 4000
Under Construction: No
Tenant Pays: Community Area Maint
Business Name: Kolbe
Inventory: No
Year Built: 1974
Directions: Main st in Silt to 5th st. Its on the corner
Financing Info
Taxes: 2228.28
Tax Year: 2017
Transfer Tax: No
Status Change Info
Status: Active
Property Features
Allowable Uses: Business w/o RE; Industrial - Light; Mixed Use; Office; Warehouse; Other
Construction: Frame
Condominiumized: Yes
Roof: Metal
Condition: Average
Heating/Cooling: Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Tenant Pays: Electric; Gas; Sewer; Site Maintenance; Trash; Water
Owner Pays: Nothing
Parking: 1 - 5 Spaces
Access: Paved
Current Use: Light Industrial; Other
Occupant: Tenant Occupied; Month to Month; Option to Renew
Terms Offered: Cash
Showing Instructions: 24 Hour Notice; Call Listing Office; Occupied; Use ShowingTime
Possession: DOD
B-2 Highway Business District. The B-2 highway business district is established as a district in which the principal use of land is for retail sales and services to the motoring public and other uses not requiring a centralized location, but which do require major highway frontage, comparatively large lot area, and carefully planned outdoor sales and/or open storage reviewed and approved by the town. It is the intention of these regulations to encourage the orderly development and expansion of the district with such uses and in such a manner as to provide ample parking space and a minimum of traffic congestion.

Listing Office: Coldwell Banker Mason Morse

Last Updated: November - 28 - 2017

Copyright 2009 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

Monday 22nd of January 2018 04:08 PM

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