23 Mel Rey Road
Glenwood Springs, CO 81601 / None
MLS ID# 172404 Expired
Commercial
$2,500,000
0.47
acres
Description
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 portio...
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Location Info
- Type Commercial
- Major Area Glenwood Springs
- Area 09-West of Glenwood
- Street # 23
- Street Name Mel Rey
- Street Suffix Road
- City/Town Glenwood Springs
- State/Province CO
- Postal Code 81601
Keywords Info
- Total Building SqFt 1.001 - 5,000
- Association Dues No
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
- Foreclosure No
- Member Association Glenwood Association
- Deeds Special Warranty
General Info
- SubLoc None
- County Garfield
- Legal Section: 6 Township: 6 Range: 89 Subdivision: MEL-RAY SUB. Block: 4 Lot: 6, Subdivision: MEL-RAY SUB. Lot: 7 S 50' OF E
- Zoning M1- Mixed Use
- Lot SqFt 20256
- Nbr of Acres 0.47
- Total SqFt 2120
- Account # R020380
- Parcel # 218506104005
- Year Built 1965
- Directions Off of I-70 West, go to the roundabout and take the second right. Property will be on the left.
Financing Info
- Metro Tax District No
- Taxes 9707.48
- Tax Year 2020
- Transfer Tax No
- Earnest $/% 5%
- Earnest $ Payable To Pitkin County Title
Details
-
Allowable Uses
Hospitality, Hotel/Lodge, Income, Industrial - Heavy, Industrial - Light, Mixed Use, Multi-Family Res, Office, Restaurant/Bar, Retail, Single Family Res, Warehouse, Other -
Current Use
Gas/Automotive, Retail Store -
Construction
Brick, Concrete Block, Poured Concrete, Steel/Metal -
Condominiumized
No -
Substructure
Slab -
Roof
Membrane -
Condition
Good -
Heating/Cooling
Central AC, Gas -
Electric
Yes -
Gas
Natural Gas -
Water
City -
Sanitation
Sewer -
Tenant Pays
Annual Escalation, Building Insurance, Electric, Gas, Interior Maintenance, Property Taxes, Sewer, Trash, Water -
Owner Pays
Building Insurance, Exterior Maintenance -
Parking
11 - 20 Spaces -
Access
Paved -
Location Amenities
Corner Lot, High Traffic Loc, High Visibility, Highway Access, Intersection -
Occupant
Tenant Occupied, 5+ Years, Option to Renew -
Disclosures
1031 Exchange -
Documents on File
Survey/ILC -
Water Rights
No -
Mineral Rights
No -
Terms Offered
Cash -
Sign
Yes -
Possession
DOD, Subject to Lease
This listing was last updated on 2022-10-14T06:15:04Z
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