$1,200,000
Glenwood Springs, CO 81601
MLS# 182314
Status: Closed
4112 sqft
1 / 8
Property Description
High visibility, mixed-use commercial property with partial approvals in place for residential conversion. Property is roughly 1/2 acre fronting Highway 82, with amazing exposure and even existing elevated sign in place. Warehouse in the rear is 1,800', high ceilings, heated and controls a separate entrance from the rear of the fenced property. Building 1 is roughly 1,500' and is approved to convert to a residential dwelling. Building 2 is 858' and is in the process of attaining approval for residential conversion. Keep the property commercial and run your business, buy as a rental investment or convert part to residential, the options are plentiful. There is even income generated from a tuff shed model on site.
Details
Maps
Documents
Location Info
Current Price: $1,200,000
Inside City Limits: No
Condominiumized: No
Zoning City: Glenwood Springs
Zoning County: Garfield
Type: Commercial
Major Area: Glenwood Springs
Area: 09-South of Glenwood
Asking Price: 1200000
Original List Price: 1200000
Street #: 7094
Street Name: HIGHWAY 82
City/Town: Glenwood Springs
State/Province: CO
Postal Code: 81601
Keywords Info
Total Building SqFt: 1.001 - 5,000
Association Dues: Yes
Association Fee: 620
Association Fee Frequency: Quarterly
Payment Per: Quarter
Listing Info
Occupant: Tennant
SqFt Level: Ground Floor
Listing Date: 2024-01-22
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
Sub/Loc: Van Rand Park
County: Garfield
Legal: SECTION: 6 TOWNSHIP: 7 RANGE: 88 SUBDIVISION: VAN RAND PARK LOT: 9 .47 ACRES
Zoning: Commercial General
Lot SqFt: 20473
Nbr of Acres: 0.47
Levels: 1
Total SqFt: 4112
Unit SqFt: 4112
Parcel #: 239306301009
Year Built: 1965
Year Remodeled: 2018
Directions: Hwy 82 to Spring Valley Road (Thunder River Market); Turn onto frontage road going south on east side of 82. Property down on your left 7094. Park out front. Look for Big Yellow ServiceMaster sign
Financing Info
Metro Tax District: No
Taxes: 14289.48
Tax Year: 2022
Transfer Tax: No
HOA Dues: 2480
Total HOA Fee Per Year: 2480
Status Change Info
Status: Closed
Under Contract Date: 2024-01-29
Proposed Close Date: 2024-04-29
Sold Date: 2024-04-29
Sold Price: $1,200,000
Sold Price Per/SF: 291.83
How Sold: Conventional Fixed
Remarks
Public Remarks: High visibility, mixed-use commercial property with partial approvals in place for residential conversion. Property is roughly 1/2 acre fronting Highway 82, with amazing exposure and even existing elevated sign in place. Warehouse in the rear is 1,800', high ceilings, heated and controls a separate entrance from the rear of the fenced property. Building 1 is roughly 1,500' and is approved to convert to a residential dwelling. Building 2 is 858' and is in the process of attaining approval for residential conversion. Keep the property commercial and run your business, buy as a rental investment or convert part to residential, the options are plentiful. There is even income generated from a tuff shed model on site.
Current Use
Other: Office
Units
Units: 3
Extras
Number of Doors: 1
Terms Offered
Other: Loan
Property Features
Allowable Uses: Hospitality; Income; Industrial - Heavy; Industrial - Light; Mixed Use; Multi-Family Res; Office; Retail; Single Family Res; Warehouse
Current Use: Warehouse
Construction: Frame
Substructure: Crawl Space; Slab
Roof: Composition Shingles; Metal
Condition: Good
Heating/Cooling: Central AC; Gas; Hot Water
Electric: Yes
Gas: Natural Gas
Water: Community; Well - Domestic
Sanitation: Community; Septic
Parking: 11 - 20 Spaces; Parking Lot
Access: Paved
Extras: Kitchen Area; Restrooms; Smoke Detectors; Storage; Overhead Door(s)
Location Amenities: Corner Lot; High Traffic Loc; High Visibility; Highway Access; Intersection; View
Occupant: Tenant Occupied
Documents on File: CC & R's; Financials; Survey/ILC
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: Yes
Possession: DOD; Subject to Lease
survey 
Listing Office: Berkshire Hathaway - Edwards
Last Updated: April - 29 - 2024
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Broker Attribution:
(970) 926-8440