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$1,575,000
15,467 sfsquare feet
2.2acacres
3637 Highway 82, Glenwood Springs, 81601

3637 Highway 82, Glenwood Springs, CO 81601

2.2 acres of land located along Highway 82 on the Aspen side of Glenwood Springs. Permits are ready with plans and approvals included for a Z-Group Architects designed 54-unit apartment complex comprised of 11 one-bedroom units, 37 two-bedroom units and 6 three-bedroom units. Proposed gross square footage of new building one is 32,384 (including basement storage of 2,712 SF) and 32,479 (including basement storage of 3,606 SF) for building two. Average one-bedroom unit sizes are about 560 SF, two-bedroom units about 885 SF, and three-bedroom units about 1,180 SF. The property is located on County Road 154, which is the back way to Glenwood, an alternative to the downtown congestion. The bike path also runs in front of the property to Glenwood, Aspen and beyond.A stop light intersection makes for easy access to Highway 82. Water and sewer are city owned municipally run systems, and irrigation water helps reduce the water bill throughout the summer. The land slopes downhill from the highway towards the Roaring Fork River below, reducing highway noise. The site is gently sloping, which is easier to build and maintain. It is a safe and quiet neighborhood, and only about 1.5 miles from the retail services of Glenwood including Wal-Mart. The former Buffalo Valley Restaurant and meeting space along with six rental apartments and eight hotel rooms currently occupy the property that are currently 100% rented. Enjoy faster access to Aspen and the Roaring Fork Valley being located south of Glenwood Springs. This is a great development opportunity that is ready to get started. www.BuffaloValleyGlenwood.com A stop light intersection makes for easy access to Highway 82. Water and sewer are city owned municipally run systems, and irrigation water helps reduce the water bill throughout the summer. The land slopes downhill from the highway towards the Roaring Fork River below, reducing highway noise. The site is gently sloping, which is easier to build and maintain. It is a safe and quiet neighborhood, and only about 1.5 miles from the retail services of Glenwood including Wal-Mart. The former Buffalo Valley Restaurant and meeting space along with six rental apartments and eight hotel rooms currently occupy the property that are currently 100% rented. Enjoy faster access to Aspen and the Roaring Fork Valley being located south of Glenwood Springs. This is a great development opportunity that is ready to get started. www.BuffaloValleyGlenwood.com
Listing Courtesy of ASSHMA
Source Aspen Glenwood MLSMLS Logo
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Chris Klug

(970) 948-7055
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  • Additional Details

    • Mls Id
      150049
    • Status
      Closed
    • Property Type
      Commercial Sale
    • Location
      Glenwood Springs
    • Area
      South of Glenwood
    • Neighborhoood
      None
    • Year Built
      1958
    • Total SF
      15,467
    • Acres
      2.2
    • Lot Size
      47,916

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