051637 Highway 6 & 24

Glenwood Springs, CO 81601 / None

MLS ID# 155548 Closed
Commercial

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Closed $3,650,000

2.4 acres

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

Description

Exciting commercial real estate investment, comprised of 41 units including 12 kitchens and 4 kitchenettes, 7 cabins with heated pool, hot tub, large secure parking area and open, fully irrigated green space. An incredible opportunity to own mostly flat usable land with I-70 frontage. Great potential for an owner operated Motel or design your redevelopment project. Multiple possibilities for residential or commercial projects in C1 zone district. Currently on well and city sewer. Located in the Opportunity Zone only minutes to downtown and 2 Hot Springs pools, Glenwood Caverns, White water park, many other tourist attractions. Listed as Outside Magazine's Top ten places to live in the United States. Easy access to 2 airports, Amtrak train station, RFTA bus stop and I-70 Exciting commercial real estate investment, comprised of 41 units including 12 kitchens and 4 kitchenettes, 7 cabins with heated pool, hot tub, large secure parking area and open, fully irrigated green space. An incredible opportunity to own mostly ... show more

Location Info

• Type Commercial
• Major Area Glenwood Springs
• Area 09-West of Glenwood
• Street # 051637
• Street Name Highway 6 & 24
• City/Town Glenwood Springs
• State/Province CO
• Postal Code 81601

Keywords Info

• Total Building SqFt 10,001 - 20,000
• Association Dues No
• Payment Per Year

Listing Info

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

General Info

• SubLoc None
• County Garfield
• Legal Lengthy See Exhibit A in Documents
• Zoning C1
• Lot SqFt 105415
• Nbr of Acres 2.4
• Total SqFt 18000
• Business Name Red Mountain Inn
• Inventory Yes
• Account # R100051
• Parcel # 218505300094
• Year Built 1947
• Year Remodeled 1998
• Directions Off Hwy 6 & 24 in West Glenwood Springs

Financing Info

• Metro Tax District No
• Taxes 23390
• Tax Year 2019
• Transfer Tax No
• Earnest $/% 100000
• Earnest $ Payable To Land Title

Details

• Allowable Uses

  Business w/RE, Hospitality, Hotel/Lodge, Income, Multi-Family Res, Office, Restaurant/Bar, Retail, Single Family Res, Warehouse, Other

• Current Use

  Motel

• Construction

  Frame, Poured Concrete

• Condominiumized

  No

• Substructure

  Crawl Space, Slab

• Roof

  Composition Shingles

• Condition

  Good

• Heating/Cooling

  Baseboard, Central AC, Electric, Forced Air, Gas, Solar Comb

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City, Well - Household

• Sanitation

  Sewer

• Green Features

  Solar

• Parking

  21 + Spaces

• Access

  Paved

• Extras

  ADA Compliant, Employee Quarters, Fireplace, Furnished, Gas/Log Fireplace, Kitchen Area, Landscaped, Living Quarters, Management, Pool, Storage

• Amenities

  Front Desk, Pets Allowed/Owner

• Location Amenities

  High Traffic Loc, High Visibility, Highway Access, View

• Disclosures

  Excluded Buyer

• Documents on File

  Survey/ILC

• Water Rights

  Yes

• Terms Offered

  Owner Finance

• Sign

  No

• Possession

  DOD