$2,500,000
23 Mel Rey Road, Glenwood Springs, 81601
23 Mel Rey Road, Glenwood Springs, CO 81601
Income, Lease, Develop. 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 portion or owner occupy. In addition, included in the purchase price is the adjacent lot with the ability to develop additional income.
Projected NOI ~$150k**
Projected NOI ~$150k**
Listing Courtesy of
216506689
Source Aspen Glenwood MLS
Additional Details
- Mls Id177449
- StatusActive
- Property TypeCommercial Sale
- LocationGlenwood
- AreaWest of Glenwood
- NeighborhooodNone
- Year Built1965
- Total SF2,120
- Acres0.47
- Lot Size20,256
- Property ConditionGood
Location
Loading...