051637 Highway 6 & 24, Glenwood Springs, CO 81601 (MLS# 155548)

051637 Highway 6 & 24, Glenwood Springs, CO 81601

$3,650,000

Property Type: Commercial Sale Square Footage: 18,000 Lot Size (sq. ft.): 105,415 Status: Closed

Current Price: $3,650,000 List Date: 1/25/2022 Last Modified: 9/05/2024

Overview

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

Listing Details MLS# 155548

Location Info

Type: Commercial
Major Area: Glenwood Springs
Area: 09-West of Glenwood
Asking Price: 3800000
Original List Price: 3999000
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

Listing Info

REO: No
Member Association: Glenwood Association

General Info

Sub/Loc: 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
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
HOA Dues: 0
Total HOA Fee Per Year: 0

Status Change Info

Under Contract Date: 2022-03-29
Proposed Close Date: 2022-08-02
Sold Date: 2022-08-04
Sold Price Per/SF: 202.78
How Sold: Conventional

More Information

Remarks

Public Remarks: 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

Allowable Uses

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

Current Use

Motel: Yes

Construction

Concrete: Yes
Frame: Yes

Access

Paved: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Good: Yes

Basement/Substructure

Crawl Space: Yes
Slab: Yes

Gas

Natural Gas: Yes

Roof

Composition Shingles: Yes

Water

Public: Yes
Well - Household: Yes

Sanitation

Sewer: Yes

Water Rights

Yes: Yes

Extras

Employee Quarters: Yes
Fireplace: Yes
Furnished: Yes
Gas/Log Fireplace: Yes
Kitchen Area: Yes
Landscaped: Yes
Laundry: Yes
Living Quarters: Yes
Management: Yes
Pool: Yes
Restrooms: Yes
Storage: Yes
ADA Compliant: Yes

Heating/Cooling

Baseboard: Yes
Central AC: Yes
Electric: Yes
Forced Air: Yes
Gas: Yes
Solar Comb: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes
Highway Access: Yes
View: Yes

Documents on File

Survey/ILC: Yes

Parking

21 + Spaces: Yes

Green Features

Solar: Yes

Disclosures

Excluded Buyer: Yes

Terms Offered

Owner Finance: Yes

Possession

DOD: Yes

Sign

No: Yes

Amenities

Front Desk: Yes
Pets Allowed/Owner: Yes

Property Features

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: Concrete; Frame Condominiumized: No Roof: Composition Shingles Condition: Good Electric: Yes Gas: Natural Gas Water: Public; 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; Laundry; Living Quarters; Management; Pool; Restrooms; 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

Documents

Survey ›

C1 Zoning ›

Zoning Map ›

COVID-19 Showing Instructions ›

Confidentiality Agreement ›

Brochure ›

Listing Office: Coldwell Banker Mason Morse-Carbondale

Last Updated: September - 05 - 2024

Broker Attribution: (970) 963-3300

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