23 Mel Rey Road
Glenwood Springs, CO 81601
Sale Price
$2,400,000
Property Type
Commercial
Property Description
Great investment opportunity in West Glenwood with high visibility and remodel complete in spring of 2021. Lease in place with tenant occupying approximately fifty percent of the building with a 10 year lease. Ability to lease the remaining portion or owner occupy with fuel sales approved. In addition, included in the purchase price is the adjacent lot with the ability to develop additional income.
Property Specifics
Property Type:
Commercial
Yearly Taxes:
$9,708
MLS ID:
177449
Source Status:
Active
Also Listed By:
connectagency: a0U3q00000rFlBpEAK
Location & Transportation
Other Property Information
Summary
School
- MLS Area Major:
Glenwood Springs
Interior and Exterior Features
Structure
- Construction Materials:
Block, Brick, Concrete, Steel/Metal
- Foundation Details:
Slab
Property Information
Lot Information
- Lot Features:
Corner Lot
- Lot Size:
0.47 ac.
Utilities
- Utilities:
{"Natural Gas Available": true}
- Water Source:
Public
Estimated Monthly Payments
Monthly Total
$12,320
Monthly Taxes
$809
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$11,511
Monthly Charges
$809
Total Monthly Payment
$12,320
Calculation based on:
Price:
$2,400,000
Charges:
$809
* Additional charges may apply
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