Description
SOLID INVESTMENT OPPORTUNITY in Summit County, CO to own a Multi Tenant Investment Building with consistent long term retail services business operations that includes liquor store, food services, ski and bike retail store and cannabis businesses. The property has consistently operated at 100% occupancy over the last 15+ years. The LOCATION provides year-round traffic count at the intersection location surrounded by NATIONAL BRANDED stores and businesses. CAP RATE at 6.4% with existing NOI.
Details
| MLS# | S1012039 |
|---|---|
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 21 |
Features
| SQ Feet | 12,153 |
|---|---|
| Story(s) | 0 |
| Units | 8 |
| Zoning | Commercial |
Market Activity 80498
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Jan 2019 | Sales: 1 | Avg $ Per SqFt: $445.14 | Min Sale Price: $426,000 | Max Sale Price: $426,000 | Med Sale Price: $426,000 |
| Date: Dec 2018 | Sales: 7 | Avg $ Per SqFt: $370.79 | Min Sale Price: $298,000 | Max Sale Price: $1,360,000 | Med Sale Price: $410,000 |
| Date: Nov 2018 | Sales: 12 | Avg $ Per SqFt: $342.52 | Min Sale Price: $170,000 | Max Sale Price: $920,000 | Med Sale Price: $459,250 |
| Date: Oct 2018 | Sales: 18 | Avg $ Per SqFt: $401.96 | Min Sale Price: $252,000 | Max Sale Price: $956,656 | Med Sale Price: $493,750 |
| Date: Sep 2018 | Sales: 22 | Avg $ Per SqFt: $399.06 | Min Sale Price: $160,000 | Max Sale Price: $1,500,000 | Med Sale Price: $386,750 |
| Date: Aug 2018 | Sales: 111 | Avg $ Per SqFt: $368.58 | Min Sale Price: $60,000 | Max Sale Price: $2,000,000 | Med Sale Price: $539,450 |
| Jan 2019 | |
|---|---|
| Sales: | 1 |
| Avg $ Per SqFt: | $445.14 |
| Min Sale Price: | $426,000 |
| Max Sale Price: | $426,000 |
| Med Sale Price: | $426,000 |
| Dec 2018 | |
| Sales: | 7 |
| Avg $ Per SqFt: | $370.79 |
| Min Sale Price: | $298,000 |
| Max Sale Price: | $1,360,000 |
| Med Sale Price: | $410,000 |
| Nov 2018 | |
| Sales: | 12 |
| Avg $ Per SqFt: | $342.52 |
| Min Sale Price: | $170,000 |
| Max Sale Price: | $920,000 |
| Med Sale Price: | $459,250 |
| Oct 2018 | |
| Sales: | 18 |
| Avg $ Per SqFt: | $401.96 |
| Min Sale Price: | $252,000 |
| Max Sale Price: | $956,656 |
| Med Sale Price: | $493,750 |
| Sep 2018 | |
| Sales: | 22 |
| Avg $ Per SqFt: | $399.06 |
| Min Sale Price: | $160,000 |
| Max Sale Price: | $1,500,000 |
| Med Sale Price: | $386,750 |
| Aug 2018 | |
| Sales: | 111 |
| Avg $ Per SqFt: | $368.58 |
| Min Sale Price: | $60,000 |
| Max Sale Price: | $2,000,000 |
| Med Sale Price: | $539,450 |
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Area Information | |
|---|---|
| State | CO |
| County | Summit |
| City | SILVERTHORNE |
| Zip Code | 80498 |
| Area | Wildernest/Silverthorne |
| Listing VS Median (in 80498) | |
Price: $5,095,000 low | high Med: $550,782 100% of Average SqFt: 12,153 low | high Med: 834 100% of Average $ / SqFt: $419 low | high Med: $165 100% of Average On Site: 21 low | high Med: 97 21.649484536082% of Average | |
Listing Updated: 02/17/2019
MLS Number: S1012039Listing Provided By:
Tim Garrett of Coldwell Banker Mtn Properties