172 W 6th St - Freestanding FOR SALE


Glenwood Springs, CO 81601
$685,000 USD
970-945-7677
172 W 6th St, Glenwood Springs, CO for Sale
$685,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

172 W 6th St
Glenwood Springs, CO 81601


HIGHLIGHTS

  • Heavy foot traffic
  • High traffic volume
  • Great re-devolopment project

OVERVIEW

Unleash Your Vision: Prime Commercial Redevelopment Opportunity near Downtown Glenwood Springs! This 1,488 square foot commercial building, situated on a sprawling 12,197 square foot lot with desirable commercial zoning, is a blank canvas awaiting your innovative touch. Currently, the existing building has been taken down to the studs, the interior offers complete flexibility for a custom renovation to suit a myriad of commercial uses, or for a complete redevelopment of the expansive property. Strategically positioned just off bustling downtown on 6th Street, this property boasts exceptional visibility. It's mere steps away from world-renowned attractions such as the Glenwood Hot Springs Resort, Glenwood Caverns Adventure Park, and the vibrant pedestrian bridge leading to the historic downtown. Surrounded by hotels, restaurants, and other popular tourist destinations, this location guarantees a steady stream of foot traffic and exposure for any business venture. The ongoing 6th Street corridor complete street improvement project further enhances the area's appeal, promising improved pedestrian and bike access and a more activated streetscape. Adding to its immense appeal, this property is located within an Opportunity Zone, offering significant tax advantages for savvy investors. The generous lot size and flexible commercial zoning provide the foundation for your most ambitious projects. Capitalize on Glenwood Springs' booming tourism industry and strong local economy. Don't miss this rare chance to shape a piece of Glenwood Springs' future. This is more than just a building; it's an opportunity to create a landmark destination in one of Colorado's most sought-after mountain towns. Inquire today to discover the full potential of this exceptional commercial offering!

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

172 W6th Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial

APN/PARCEL ID

R311844

ASK ABOUT THIS PROPERTY

Brad PlantzSopris Realty-Glenwood Springs OfficeMore Info
970-945-7677

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Brad PlantzSopris Realty-Glenwood Springs OfficeMore Info
970-945-7677

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.