Active
23 Mel Rey Road
Glenwood Springs CO, 81601
$2,250,000
$1,061.32 per sqft
Active
2,120 sqft
Commercial
Built in 1965
Income, Lease, Develop. Great investment opportunity in West Glenwood with high visibility. 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, there is the ability to further develop on the remaing vacant portion of the property.
Projected NOI ~$150k**
177449
MLSⓇ ID
December 21, 2023
Listed
November 11, 2024
Updated
Map
23 Mel Rey Road
Glenwood Springs CO, 81601
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.47 Acres
Lot Features
Corner Lot
Roof
Membrane
Other Property Details
Area Name
Glenwood Springs
Taxes
$9,707
Tax Frequency
Annually
Garage
No
View
No
County
Garfield
Water Source
Public
Pool
No
Zoning
M1- Mixed Use
Listing History
Date | Event | Price |
|---|---|---|
8/22/2024 | Price change | $2,250,000 -7% |
Listed by Chris Flynn with The Agency Aspen, Listing Contact: (970) 429-4255
The IDX display contains information sourced from the Aspen Glenwood MLS as of 11/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Aspen Glenwood MLS all rights reserved.
Data last updated on 11/11/2024 at 6:21 PM UTC