$3,900,000
955 COWEN Drive
Carbondale, CO 81623
MLS# 181558
6610 sqft


955 COWEN Drive, Carbondale, CO 81623
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Property Description
Here is an opportunity to capture a commercial investment property in the booming economy of the Roaring Fork Valley. This mixed use building offers an investor a healthy rate of return with the diversity of commercial space and a residential unit. The building offers an attractive presentation from the street and has been very well maintained. The two bedroom apartment is a completely separate unit with a private entry. Take advantage of the living space with either an employee or as a free market rental. The current commercial tenant is a national brand with a long term lease offering stability and consistency. The location just off of Hwy 133 is convenient and attractive to business customers as off street parking for 20 plus vehicles is a significant advantage. Add impressive views of Red Hill and neighboring access to restaurants, retail and lodging and you have a successful combination for a strong investment property in the thriving town of Carbondale, Colorado.

Details
Maps
Location Info
Current Price: $3,900,000
Inside City Limits: Yes
Condominiumized: No
Zoning City: Commercial Mixed Use
Zoning County: Commercial Mixed Use
Type: Commercial
Major Area: Carbondale
Area: 07-Carbondale Proper
Asking Price: 3900000
Original List Price: 4300000
Street #: 955
Street Name: COWEN
Street Suffix: Drive
City/Town: Carbondale
State/Province: CO
Postal Code: 81623
Keywords Info
Total Building SqFt: 5,001 - 10,001
Association Dues: No
Listing Info
Occupant: Tennant
SqFt Level: Ground Floor
Listing Date: 2023-11-01
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Cowen PUD Sub
County: Garfield
Legal: SECTION: 28 TOWNSHIP: 7 RANGE: 88 SUBDIVISION: COWEN PUD SUB LOT: 3
Zoning: Mixed Use
Lot SqFt: 33236
Nbr of Acres: 0.76
Levels: 2
Total SqFt: 6610
Unit SqFt: 6610
Business Name: Red Hill Animal Health
Inventory: No
Parcel #: 239328415003
Year Built: 2000
Directions: Take Hwy 133 towards Carbondale, left at the first stop light. Building is on the right side.
Financing Info
Metro Tax District: No
Taxes: 40939.92
Tax Year: 2022
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public Remarks: Here is an opportunity to capture a commercial investment property in the booming economy of the Roaring Fork Valley. This mixed use building offers an investor a healthy rate of return with the diversity of commercial space and a residential unit. The building offers an attractive presentation from the street and has been very well maintained. The two bedroom apartment is a completely separate unit with a private entry. Take advantage of the living space with either an employee or as a free market rental. The current commercial tenant is a national brand with a long term lease offering stability and consistency. The location just off of Hwy 133 is convenient and attractive to business customers as off street parking for 20 plus vehicles is a significant advantage. Add impressive views of Red Hill and neighboring access to restaurants, retail and lodging and you have a successful combination for a strong investment property in the thriving town of Carbondale, Colorado.
Units
Units: 2
Property Features
Allowable Uses: Mixed Use; Office; Retail
Current Use: Multi-Family
Construction: Frame; Poured Concrete
Substructure: Slab
Roof: Composition Shingles
Condition: Excellent
Heating/Cooling: Central AC; Central Heating; Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking: 21 + Spaces; Parking Lot; Paved
Extras: Employee Quarters; Kitchen Area; Landscaped; Laundry; Restrooms; Storage
Location Amenities: High Visibility; View
Occupant: Tenant Occupied; 5+ Years; Option to Renew; Escalations
Disclosures: 1031 Exchange; Right of 1st Refusal
Documents on File: Leases
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: No
Possession: DOD; Subject to Lease

Listing Office: Compass

Last Updated: March - 07 - 2024

955 COWEN Drive, Carbondale, CO 81623 - MLS# 181558
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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