Skip to main content
Klug Properties

818 Grand Avenue

Glenwood Springs, CO 81601

0

Baths

3,405

Sq Ft

$1,500,000

818 Grand Avenue, Glenwood Springs, CO 81601 - Photo 1

818 Grand Avenue

Glenwood Springs, CO 81601

THIS LISTING HAS BEEN UPDATED - Investment Opportunity! Property is located in the Historical District of Glenwood Springs. Owner is currently remodeling building into a high-end Class A Medical office. The owner will lease back the building for 10 years with a personal guarantee at a 7% cap rate. Base rent starts at $32/sf with built in escalators. The owner will start paying rent as soon as the building has been finished and ready for occupancy but no later than summer 2021. The owner is an established dental/oral surgeon with 20 +years in practice. He is expanding to GW because of the unf...

MLS #165950
TypeCommercial
Year Built1925
Lot Size0.06 Acres
SubdivisionTownsite of Glenwood Springs
Days on Market2131

Inquire About This Property

Share Property

Details

Listing Overview

Listing Price
$1,500,000
MLS #
165950
Status
Sold
Listed
August 3, 2020
Days on Market
2131

Essential Info

Lot Size
0.06 Acres
Bathrooms
0
Sq. Ft.
3,405
Property Type
Commercial
Built
1925
Subdivision
Townsite of Glenwood Springs
Area
09-Glenwood Proper
Loading map...

Inquire About This Property

Interested in 818 Grand Avenue? Fill out the form below and an agent will be in touch.

Listed by Timothy A Whitney with Coldwell Banker Commercial Prime Prop.

MLS# 165950 — Listing information is deemed reliable but not guaranteed. All measurements and square footage are approximate.