324 & 330 Coryell Ridge Road, Glenwood Springs, CO 81601

$2,500,000
Property Type: Commercial Sale Square Footage: 11,100 Lot Size (sq. ft.): 191,228 Status: Closed
Current Price: $2,500,000 List Date: 9/08/2021 Last Modified: 9/05/2024

Overview

Description

Unique opportunity! 4.39 acres zoned Garfield County Commercial/Limited. Numerous uses allowed including residential, distribution, services, fabrication, storage and construction yard. Live/work and employee housing options with four residences on the property, garage, large shop/warehouse and outbuildings. Plenty of parking for equipment plus fenced pasture and irrigation water. Two parcels being sold together as a package. The shop and some yard space is currently occupied by a landscape company and all residences are rented. Current rents total $6,950/mo (well below market) and tenancies are month to month. Mid-Valley location near Hwy.82 at the CMC intersection.

Listing Details MLS# 171917

Location Info

Major Area
Glenwood Springs
Area
09-South of Glenwood
Asking Price
2500000
Original List Price
2500000
Street #
324 & 330
Street Name
Coryell Ridge
Street Suffix
Road
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
Two tracts in Lot 21 of Section 1, T7S, R89W of the 6th PM, both described by metes and bounds
Zoning
C/L
Lot SqFt
191228
Nbr of Acres
4.39
Stories
2
Total SqFt
11100
Inventory
No
Parcel #
239501400108
Year Built
1980
Year Remodeled
2002
Directions
Hwy. 82 to CR 154 at CMC intersection. Turn right, then left on Coryell Road. Go to bottom of hill, then take 3rd left (dirt driveway) to property. Showings by appointment only. Do not disturb the tenants!

Financing Info

Metro Tax District
No
Taxes
9618
Tax Year
2020
Transfer Tax
No
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2021-09-14
Proposed Close Date
2021-12-09
Sold Date
2021-12-09
Sold Price Per/SF
225.23
How Sold
Conventional

More Information

Remarks

Public Remarks
Unique opportunity! 4.39 acres zoned Garfield County Commercial/Limited. Numerous uses allowed including residential, distribution, services, fabrication, storage and construction yard. Live/work and employee housing options with four residences on the property, garage, large shop/warehouse and outbuildings. Plenty of parking for equipment plus fenced pasture and irrigation water. Two parcels being sold together as a package. The shop and some yard space is currently occupied by a landscape company and all residences are rented. Current rents total $6,950/mo (well below market) and tenancies are month to month. Mid-Valley location near Hwy.82 at the CMC intersection.

Allowable Uses

Business w/o RE
Yes
Business w/RE
Yes
Hospitality
Yes
Income
Yes
Industrial - Light
Yes
Mixed Use
Yes
Multi-Family Res
Yes
Office
Yes
Restaurant/Bar
Yes
Retail
Yes
Single Family Res
Yes
Warehouse
Yes

Current Use

Income
Yes

Construction

Frame
Yes

Access

Unpaved
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Average
Yes

Basement/Substructure

Finished
Yes
Slab
Yes
Unfinished
Yes

Roof

Composition Shingles
Yes

Water

Well - Household
Yes
Other
Yes

Sanitation

Septic
Yes
Other
Yes

Water Rights

Yes
Yes

Extras

Employee Quarters
Yes
Kitchen Area
Yes
Landscaped
Yes
Laundry
Yes
Living Quarters
Yes
Overhead Door(s)
Yes
Restrooms
Yes
Storage
Yes

Heating/Cooling

Baseboard
Yes
Electric
Yes
Evaporative Cooling
Yes
Forced Air
Yes
Gas
Yes

Location Amenities

Rolling Topo
Yes
View
Yes

Parking

11 - 20 Spaces
Yes
Common
Yes

Occupant

Tenant Occupied
Yes
Month to Month
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Terms Offered

Cash
Yes

Possession

Negotiable
Yes

Sign

No
Yes

Amenities

Pets Allowed/Owner
Yes
Pets Allowed/Renter
Yes

Property Features

Allowable Uses: Business w/o RE; Business w/RE; Hospitality; Income; Industrial - Light; Mixed Use; Multi-Family Res; Office; Restaurant/Bar; Retail; Single Family Res; Warehouse Current Use: Income Construction: Frame Condominiumized: No Roof: Composition Shingles Condition: Average Electric: Yes Water: Well - Household; Other Sanitation: Septic; Other Tenant Pays: Electricity; Gas Parking: 11 - 20 Spaces; Common Access: Unpaved Extras: Employee Quarters; Kitchen Area; Landscaped; Laundry; Living Quarters; Restrooms; Storage; Overhead Door(s) Amenities: Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: Rolling Topo; View Occupant: Tenant Occupied; Month to Month Water Rights: Yes Terms Offered: Cash Sign: No Possession: Negotiable
IDX
Listing Office: Coldwell Banker Mason Morse-Carbondale
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 963-3300

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.