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2525 S Grand Avenue, Glenwood Springs, CO 81601

$2,359,000
Property Type: Commercial Sale Square Footage: 114,127 Lot Size (sq. ft.): 114,127 Status: Closed
Current Price: $2,359,000 List Date: 9/11/2020 Last Modified: 9/05/2024

Overview

Description

This opportunity does not present itself often. A unique restaurant building and successful business directly overlooking the Roaring Fork River. Continue the current concept or start something new! With 2.62 acres the possibilities are endless. The zoning allows for different uses from investment opportunities, warehouse, multiple residential units, office building, and beyond. This property commands someone with a vision!

Listing Details MLS# 162043

Location Info

Type
Commercial
Major Area
Glenwood Springs
Area
09-South of Glenwood
Asking Price
2359000
Original List Price
2359000
Street #
2525
Street Direction Pfx
S
Street Name
Grand
Street Suffix
Avenue
City/Town
Glenwood Springs
State/Province
CO
Postal Code
81601

Keywords Info

Total Building SqFt
1.001 - 5,000
Association Dues
No

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association

General Info

Sub/Loc
None
County
Garfield
Legal
On File. See Documents.
Zoning
commercial
Lot SqFt
114127
Nbr of Acres
2.62
Total SqFt
114127
Unit SqFt
4379
Business Name
Rivers Restaurant
Parcel #
218516400074
Year Built
1983
Directions
Heading northwest on CO-82 W, at 23rd Street, take a sharp left on to S Grand Avenue, the property is on the Right at the corner of 27th Street.

Financing Info

Metro Tax District
No
Taxes
17199
Tax Year
2019
Transfer Tax
No

Status Change Info

Under Contract Date
2021-03-22
Proposed Close Date
2021-05-07
Sold Date
2021-06-17
Sold Price Per/SF
20.67
How Sold
Cash

More Information

Remarks

Public Remarks
This opportunity does not present itself often. A unique restaurant building and successful business directly overlooking the Roaring Fork River. Continue the current concept or start something new! With 2.62 acres the possibilities are endless. The zoning allows for different uses from investment opportunities, warehouse, multiple residential units, office building, and beyond. This property commands someone with a vision!

Property Features

Allowable Uses: Business w/o RE; Business w/RE; Hospitality; Hotel/Lodge; Income; Industrial - Light; Mixed Use; Multi-Family Res; Office; Restaurant/Bar; Retail; Warehouse; Other Current Use: Restaurant Construction: Block; Frame Condominiumized: No Roof: Composition Shingles; Other Condition: Good Electric: Yes Gas: Natural Gas Water: Public Sanitation: Community Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electricity; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Trash Collection; Water Owner Pays: Site Maintenance; Structural Maint Parking: 21 + Spaces; Parking Lot Access: Paved Extras: Fire Sprinkler Sys; Furnished; Storage Location Amenities: Corner Lot; High Traffic Loc; High Visibility; Highway Access; River Frontage; View Occupant: Owner Occupied Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Negotiable

Documents

IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 920-1833
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
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