716 Cooper Avenue

Glenwood Springs, CO 81601 / None

MLS ID# 166695 Closed
Commercial

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Closed $750,000

0.06 acres

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Financing Info
• Details
• Video 1
• Video 2

Description

Fantastic investment opportunity located one block off historic Grand Avenue, near the river and the railroad station makes this an ideal location. The property is in the heart of the City of Glenwood Springs. Listed on the National Register of Historic Places, allows this property eligible for State historical fund grants and Colorado State income tax credits. The successful grant writer will be eligible for significant funding for restoration of the property. The Western Hotel has a rich history. Originally built in 1887, the property has operated as a saloon, grocery store and rooming house at different times. It has been family owned as a hotel since 1939. The family lived on the street level while renting rooms and apartments. This 4,260 sqft building has two levels (as well as acellar and attic) and a one car garage. A small courtyard at the rear of the property allows for a secluded outdoor getaway. This is a perfect configuration and location for a bed & breakfast or bigger dreams may be on your mind? Call today to tour this unique property! Your dreams can become a reality to this affordable and ideal location right in the heart of the city! Fantastic investment opportunity located one block off historic Grand Avenue, near the river and the railroad station makes this an ideal location. The property is in the heart of the City of Glenwood Springs. Listed on the National Register of Hi... show more

Location Info

• Type Commercial
• Major Area Glenwood Springs
• Area 09-Glenwood Proper
• Street # 716
• Street Name Cooper
• Street Suffix 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

• TB% 2
• BB% 2
• Variable Comm True
• Flat Fee No
• REO No
• Agency Excl Right to Sell
• Member Association Glenwood Association
• Deeds Special Warranty

General Info

• SubLoc None
• County Garfield
• Legal Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWNSTE. GLENWOOD Block: 45 Lot: D
• Zoning C1
• Lot SqFt 2500
• Nbr of Acres 0.06
• Levels 3
• Total SqFt 4260
• Account # R320137
• Parcel # 218509404012
• Year Built 1887
• Directions Grand Ave Glenwood, turn East on 8th street, then North on Cooper, building is on the right.

Financing Info

• Metro Tax District Yes
• Taxes 5936.2
• Tax Year 2019
• Transfer Tax No
• Earnest $/% 50000
• Earnest $ Payable To Title Company

Details

• Allowable Uses

  Hospitality, Hotel/Lodge, Income, Mixed Use, Multi-Family Res, Office, Restaurant/Bar, Retail, Other

• Construction

  Brick

• Condominiumized

  No

• Substructure

  Unfinished Basement

• Heating/Cooling

  Gas, Hot Water

• Electric

  Yes

• Water

  City

• Sanitation

  Sewer

• Parking

  Common, Street Parking

• Location Amenities

  High Traffic Loc, High Visibility

• Occupant

  Vacant

• Water Rights

  No

• Mineral Rights

  No

• Terms Offered

  Cash

• Sign

  No