2700 Gilstrap Court, Glenwood Springs, CO 81601
$5,000,000
Property Type:
Commercial Sale
Square Footage:
23,131
Lot Size (sq. ft.):
37,528
Status:
Closed
Current Price:
$5,000,000
List Date:
12/06/2021
Last Modified:
10/23/2024
Overview
Description
Listing Details MLS# 173009
Location Info
- Type
- Commercial
- Major Area
- Glenwood Springs
- Area
- 09-West of Glenwood
- Asking Price
- 5250000
- Original List Price
- 5250000
- Street #
- 2700
- Street Name
- Gilstrap
- Street Suffix
- Court
- City/Town
- Glenwood Springs
- State/Province
- CO
- Postal Code
- 81601
Keywords Info
- Total Building SqFt
- 10,001 - 20,000
- Association Dues
- No
Listing Info
- Short Sale
- No
- REO
- No
- Auction
- No
- In Foreclosure
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- None
- County
- Garfield
- Legal
- Section: 6 Township: 6 Range: 89 Subdivision: RIVERSIDE PROFESSIONAL BUILDING
- Zoning
- commercial
- Lot SqFt
- 37528
- Nbr of Acres
- 0.86
- Stories
- 4
- Total SqFt
- 23131
- Ceiling Height
- 110
- Parcel #
- 218506438001
- Year Built
- 2003
- Directions
- Midland Avenue roundabout between Co River & I-70 - Exit Gilstrap Ct. head west 1/4 mile between Quality Inn & Audi Dealership
Financing Info
- Metro Tax District
- No
- Taxes
- 50753
- Tax Year
- 2021
- Transfer Tax
- No
- HOA Dues
- 175828
- Total HOA Fee Per Year
- 0
Status Change Info
- Under Contract Date
- 2021-12-18
- Proposed Close Date
- 2022-02-18
- Sold Date
- 2022-02-18
- Sold Price Per/SF
- 216.16
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- Incredible investment opportunity to purchase Glenwood Springs best Office building. Building is 95% leased with 7 top tier tenants. Average expiration date of 2026. 17,320 sf above grade + 5,811 sf below grade. 46 car parking lot. Current CAP Rate =6.4% with current leases and capitol replacement fund. New roof in 2020 and HVAC controls update in 2018. Heating/cooling cost less than Energy Star standards. Building is condominiumized, but we are selling the entire building.
Construction
- Steel Frame
- Yes
Condominiumized
- Yes
- Yes
Roof
- Membrane
- Yes
Heating/Cooling
- Central AC
- Yes
- Central Heating
- Yes
Green Features
- Energy Survey Compl
- Yes
Property Features
Construction:
Steel Frame
Condominiumized:
Yes
Roof:
Membrane
Green Features:
Energy Survey Compl
Site Plan ›
Listing Office:
Sadler Real Estate, Inc.
Last Updated: October - 23 - 2024
Broker Attribution:
(970) 948-0900
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