37 & 75 West 4th Street - Storefront Retail/Office CONDO FOR SALE


Silverthorne, CO 80498
$2,300,000 USD
720-232-9530
37 & 75 West 4th Street, Silverthorne, CO for Sale
$2,300,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/6
null | Request Cap Rate

37 & 75 West 4th Street
Silverthorne, CO 80498


HIGHLIGHTS

  • Value-add opportunity to stabilize two retail condos at Fourth Street Crossing to a 7.55+% cap rate (stabilized) or $461 / SF
  • Located in Fourth Street Crossing, a brand new mixed-use development by Milender White & the Town of Silverthorne envisioned to be recognized as Silve
  • Fourth Street Crossing includes 33 townhomes, 24 condos with 6,700 SF of ground-floor retail, a 115-room hotel, 6,500 SF of event space, a 29,000 SF f
  • Crossroads of three major interstate and highway systems: I-70 (45,000 VPD), CO-6 (22,000 VPD), and CO-9 (20,000 VPD)
  • Affluent demographics with an average household income of $146,777 within one mile
  • Proximity to major ski areas including Arapahoe Basin, Breckenridge, Copper Mountain, Keystone, and Vail

OVERVIEW

Blue West Capital is pleased to present the opportunity to purchase two value-add retail condos at Fourth Street Crossing located at 37 & 75 West 4th Street, Silverthorne, CO 80497. Fourth Street Crossing, a brand new mixed-use development by Milender White & the Town of Silverthorne, is envisioned to be recognized as Silverthorne’s Downtown. The property consists of 6,671 square feet of retail space (five possible units) currently in gray shell condition. The subject properties are located on the ground floor of two newly constructed mixed-use condo buildings. The value-add opportunity is to take over for the developer and stabilize the units to a 7.55+% cap (Stabilized Year-3). View OM: https://bluewestcapital.com/listing/fourth-street-crossing-retail-condos/

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fourth Street Crossing Retail Condos

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront

TOTAL BUILDING SIZE

6,671 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6518208,6518217

ASK ABOUT THIS PROPERTY

Thomas EthingtonBlue West Capital, LLC.More Info
720-232-9530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Thomas EthingtonBlue West Capital, LLC.More Info
720-232-9530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.