The Agency The Agency

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.

Agent Information

Managing Partner, Aspen (970) 618-5267
The Agency

Property Specifics

Property Type: Commercial
Yearly Taxes: $9,708
Estimated Sq. Foot:
N/A
Lot Size:
0.47 ac.
Price per Sq. Foot:
N/A
MLS ID: 177449
Source Status: Active
Also Listed By: connectagency: a0U3q00000rFlBpEAK

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 1965
School
  • MLS Area Major: Glenwood Springs

Interior and Exterior Features

Exterior Features
  • Roof: Membrane
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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Aspen Glenwood MLS
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Last checked: Apr 28, 2024, 11:15 PM UTC
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