37 4Th StSilverthorne, CO 80498

Exceptional investment opportunity in Silverthorne, Colorado's burgeoning downtown. This offering encompasses two brand-new retail condos totaling 6,671 square feet, situated within the vibrant Fourth Street Crossing mixed-use development. Currently in gray shell condition, these five potential units present a compelling value-add proposition, projected to achieve a 7.55% cap rate upon stabilization (Year 3). The property boasts a strategic location at the intersection of major thoroughfares, including Blue River Parkway (20,000 VPD) and CO-9, ensuring high visibility and accessibility. Fourth Street Crossing is a dynamic development featuring townhomes, condos, a hotel, event space, a food hall, and ample parking. Silverthorne's prime location, an hour from Denver and near four major ski resorts, attracts significant tourism revenue exceeding $1 billion annually. The affluent surrounding area boasts an average household income of $146,777 within a one-mile radius. This fee-simple ownership opportunity includes two buildings, each one story, built in 2024, with APNs 6518217 and 6518208. The asking price is $2,300,000, translating to $461.08 per square foot. Projected stabilized NOI is $232,459. Don't miss this chance to capitalize on the growth of Silverthorne's thriving retail market.