$1132.08 Per Sq Foot $12,884 est/mo Sourced by Back At You

23 Mel Rey Road,Glenwood Springs, CO 81601

Glenwood Springs CO, 81601

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Description

Income, Lease, Develop. Great investment opportunity in West Glenwood with high visibility and remodel complete in spring of 2021. Lease in place with tenant occupying approximately fifty percent of the building with a 10 year lease. Ability to lease the remaining portion or owner occupy. In addition, included in the purchase price is the adjacent lot with the ability to develop additional income. Projected NOI ~$150k**

Details

MLS#177449
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site606
Listing Provided ByThe Agency Aspen | Chris Flynn

Features

SQ Feet2,120
ZoningM1- Mixed Use
Acreage0.47

Market Activity 81601

© Copyright 2024 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

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Learn More About This Property

StateCO
CountyGarfield
CityGlenwood Springs
Zip Code81601
AreaGlenwood Springs
Listing VS Median (in 81601)
Price:
$2,400,000
low | high
Med:
$937,000
100% of Average
SqFt:
2,120
low | high
Med:
1,961
57.52358490566% of Average
$ / SqFt:
$1,132
low | high
Med:
$482
100% of Average
On Site:
606
low | high
Med:
161.500000
100% of Average
Sourced by Back At You
Listing Updated: July 11, 2024 at 12:19:36 PM PDT
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