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37 & 75 West 4th Street - Fourth Street Crossing Retail Condos
6,671 SF Retail Condo Unit Offered at $2,300,000 in Silverthorne, CO 80498
Investment Highlights
- Value-add opportunity to stabilize two retail condos at Fourth Street Crossing to a 7.55+% cap rate (stabilized) or $461 / SF
- 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
- Affluent demographics with an average household income of $146,777 within one mile
- Located in Fourth Street Crossing, a brand new mixed-use development by Milender White & the Town of Silverthorne envisioned to be recognized as Silve
- Crossroads of three major interstate and highway systems: I-70 (45,000 VPD), CO-6 (22,000 VPD), and CO-9 (20,000 VPD)
- Proximity to major ski areas including Arapahoe Basin, Breckenridge, Copper Mountain, Keystone, and Vail
Executive Summary
The subject properties are located along Blue River Parkway (CO-9), which runs the entirety of Silverthorne, with retail entrances facing West 4th Street. Fourth Street Crossing, Phase I, is a brand-new mixed-use development located in the heart of Silverthorne consisting of 33 townhomes, 24 condos, a 115-room hotel, 6,500 square feet of event space, a 29,000 square foot food hall, and a 203-stall parking garage. Located at the heart of Summit County, Silverthorne is the crossroads of travel through the state of Colorado. Three major interstate and highway systems intersect in Silverthorne: I-70, CO-6, and CO-9. Only an hour’s drive from Denver MSA, Summit County is home to four major ski areas: Arapahoe Basin, Breckenridge, Copper Mountain, and Keystone. Offering year-round adventure and entertainment, the area sees tourism revenues over $1B.
Property Facts
| Price | $2,300,000 | Property Subtype | |
| Unit Size | 6,671 SF | Sale Type | Investment |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 6,671 SF | Typical Floor Size | 6,671 SF |
| Property Type | Retail (Condo) | Year Built | 2024 |
| Price | $2,300,000 |
| Unit Size | 6,671 SF |
| No. Units | 1 |
| Total Building Size | 6,671 SF |
| Property Type | Retail (Condo) |
| Property Subtype | |
| Sale Type | Investment |
| Floors | 1 |
| Typical Floor Size | 6,671 SF |
| Year Built | 2024 |
1 Unit Available
Unit 37 & 75
| Unit Size | 6,671 SF | Condo Use | Retail |
| Price | $2,300,000 | Sale Type | Investment |
| Price Per SF | $344.78 |
| Unit Size | 6,671 SF |
| Price | $2,300,000 |
| Price Per SF | $344.78 |
| Condo Use | Retail |
| Sale Type | Investment |
Sale Notes
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/
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37 & 75 West 4th Street - Fourth Street Crossing Retail Condos
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