$550,000
Glenwood Springs, CO 81601
MLS# 165512
Status: Closed
3669 sqft
1 / 15
Property Description
Front and Center exposure in the heart of Glenwood Springs!! Over 30k cars a day drive right by the front of this commercial space located on the West side of Grand Avenue, just a half block from City Market. Flexible M1 zoning allows for a multitude of uses such as office, retail, medical, child care, services, the list goes on. An owner will be able to ease up the stress of purchasing, as the back shop space is currently leased for 3 years and is producing income to help offset the cost ownership.
Details
Maps
Location Info
Current Price: $500,000
Type: Commercial
Major Area: Glenwood Springs
Area: 09-Glenwood Proper
Asking Price: 550000
Original List Price: 550000
Street #: 1315
Street Name: Grand Avenue
City/Town: Glenwood Springs
State/Province: CO
Postal Code: 81601
Keywords Info
Total Building SqFt: 1.001 - 5,000
Association Dues: No
Payment Per: Unknown
Listing Info
Listing Date: 2020-07-23
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
Sub/Loc: None
County: Garfield
Legal: Section: 16 Township: 6 Range: 89 Subdivision: 13TH GRAND MINOR SUB-DIV Lot: 2
Zoning: Commercial M1
Lot SqFt: 13528
Nbr of Acres: 0.31
Total SqFt: 3669
Parcel #: 218516137002
Year Built: 1930
Year Remodeled: 1989
Directions: Located directly on Grand Avenue.
Financing Info
Metro Tax District: No
Taxes: 11218.88
Tax Year: 2019
Transfer Tax: No
Status Change Info
Status: Closed
Under Contract Date: 2020-08-01
Proposed Close Date: 2020-08-13
Sold Date: 2020-08-13
Sold Price: $500,000
Sold Price Per/SF: 136.28
How Sold: Cash
Remarks
Public Remarks: Front and Center exposure in the heart of Glenwood Springs!! Over 30k cars a day drive right by the front of this commercial space located on the West side of Grand Avenue, just a half block from City Market. Flexible M1 zoning allows for a multitude of uses such as office, retail, medical, child care, services, the list goes on. An owner will be able to ease up the stress of purchasing, as the back shop space is currently leased for 3 years and is producing income to help offset the cost ownership.
Property Features
Allowable Uses: Mixed Use; Office; Retail
Current Use: Office Building
Construction: Frame
Substructure: Unfinished Basement
Roof: Composition Shingles
Condition: Good
Heating/Cooling: Forced Air; Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking: 6 - 10 Spaces; Paved
Access: Paved
Location Amenities: High Traffic Loc; High Visibility
Occupant: Owner Occupied; Tenant Occupied
Terms Offered: Cash; Lease Back
Sign: Yes
Possession: DOD
Listing Office: Roaring Fork Sotheby's GWS
Last Updated: November - 10 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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