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Klug Properties

1001 Grand Avenue

Glenwood Springs, CO 81601

0

Baths

20,396

Sq Ft

$1,550,000

1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 1
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 2
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 3
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 4
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 5
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 6
1001 Grand Avenue, Glenwood Springs, CO 81601 - Photo 7
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1001 Grand Avenue

Glenwood Springs, CO 81601

GREAT INVESTOR PROPERTY! The Tamarack is a fully leased with strong, long-established businesses. 20,000 square foot commercial building in downtown Glenwood Springs, boasting a current Net Operating Income of $116,000! (NOT PROFORMA) List price represents a 7.5% CAP rate investment, year one! Tamarack has its own 22 car off-street parking lot as a huge added benefit, which could easily serve as a future development site. You won’t find value as strong as this anywhere else in the Valley. Recent improvements include new roof, new carpeting, and complete “clean” environmental reports. Thi...

MLS #138233
TypeCommercial
Year Built1947
Lot Size0.34 Acres
SubdivisionNone
Days on Market4087

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Details

Listing Overview

Listing Price
$1,550,000
MLS #
138233
Status
Sold
Listed
March 27, 2015
Days on Market
4087

Essential Info

Lot Size
0.34 Acres
Bathrooms
0
Sq. Ft.
20,396
Property Type
Commercial
Built
1947
Subdivision
None
Area
09-Glenwood Proper
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Listed by Craig R. Rathbun with ERA Fleisher Real Estate Glenwood

MLS# 138233 — Listing information is deemed reliable but not guaranteed. All measurements and square footage are approximate.