813 Grand Avenue

Glenwood Springs, CO 81601 / South Add GWS

MLS ID# 160766 Closed
Commercial

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Closed $1,140,000

0.17 acres

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Financing Info
• Details

Description

3 Commercial tenants in the thriving downtown core of Glenwood Springs. Ideal 1031 property or investment opportunity. 6.3% Cap Rate at the Listing Price. All leases are NNN!! Native Son, Las Margaritas and Sessna Spa & Retail are the 3 tenants.

Location Info

• Type Commercial
• Major Area Glenwood Springs
• Area 09-Glenwood Proper
• Street # 813
• Street Name Grand
• Street Suffix Avenue
• City/Town Glenwood Springs
• State/Province CO
• Postal Code 81601

Keywords Info

• Total Building SqFt 5,001 - 10,001
• Association Dues No
• Payment Per Unknown

Listing Info

• TB% 2.5
• BB% 2.5
• Variable Comm False
• Flat Fee No
• Short Sale No
• REO No
• Auction No
• Agency Excl Right to Sell
• Member Association Glenwood Association
• Deeds General Warranty

General Info

• SubLoc South Add GWS
• County Garfield
• Legal Section 9, Township 6, Range 89, Original Twnste, Glenwood Block 38 Lot 24,25 & 26
• Zoning C-2
• Lot SqFt 7500
• Nbr of Acres 0.17
• Total SqFt 7500
• Inventory No
• Account # R320084
• Parcel # 218509411007
• Year Built 1909
• Directions Downtown Glenwood Springs between the 800 and 900 block on the West Side of Grand Avenue.

Financing Info

• Metro Tax District No
• Taxes 11796
• Tax Year 2018
• Transfer Tax No
• NOI 81.19
• Total Expense PYear 52750
• Earnest $/% 5% of purchase price
• Earnest $ Payable To Land Title
• Seller Will Trade No

Details

• Allowable Uses

  Restaurant/Bar, Other

• Current Use

  Restaurant

• Condominiumized

  No

• Condition

  Average

• Electric

  Yes

• Gas

  Natural Gas

• Water

  Community

• Sanitation

  Community

• Location Amenities

  High Traffic Loc, High Visibility

• Terms Offered

  Cash

• Sign

  No

• Possession

  Subject to Lease