051637 Highway 6 & 24, Glenwood Springs, CO 81601
$3,650,000
Property Type:
Commercial Sale
Square Footage:
18,000
Lot Size (sq. ft.):
105,415
Status:
Closed
Current Price:
$3,650,000
List Date:
1/25/2022
Last Modified:
9/05/2024
Overview
Description
Listing Details MLS# 155548
Location Info
- Type
- Commercial
- Major Area
- Glenwood Springs
- Area
- 09-West of Glenwood
- Asking Price
- 3800000
- Original List Price
- 3999000
- Street #
- 051637
- Street Name
- Highway 6 & 24
- City/Town
- Glenwood Springs
- State/Province
- CO
- Postal Code
- 81601
Keywords Info
- Total Building SqFt
- 10,001 - 20,000
- Association Dues
- No
Listing Info
- REO
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- None
- County
- Garfield
- Legal
- Lengthy See Exhibit A in Documents
- Zoning
- C1
- Lot SqFt
- 105415
- Nbr of Acres
- 2.4
- Total SqFt
- 18000
- Business Name
- Red Mountain Inn
- Inventory
- Yes
- Parcel #
- 218505300094
- Year Built
- 1947
- Year Remodeled
- 1998
- Directions
- Off Hwy 6 & 24 in West Glenwood Springs
Financing Info
- Metro Tax District
- No
- Taxes
- 23390
- Tax Year
- 2019
- Transfer Tax
- No
Status Change Info
- Under Contract Date
- 2022-03-29
- Proposed Close Date
- 2022-08-02
- Sold Date
- 2022-08-04
- Sold Price Per/SF
- 202.78
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- Exciting commercial real estate investment, comprised of 41 units including 12 kitchens and 4 kitchenettes, 7 cabins with heated pool, hot tub, large secure parking area and open, fully irrigated green space. An incredible opportunity to own mostly flat usable land with I-70 frontage. Great potential for an owner operated Motel or design your redevelopment project. Multiple possibilities for residential or commercial projects in C1 zone district. Currently on well and city sewer. Located in the Opportunity Zone only minutes to downtown and 2 Hot Springs pools, Glenwood Caverns, White water park, many other tourist attractions. Listed as Outside Magazine's Top ten places to live in the United States. Easy access to 2 airports, Amtrak train station, RFTA bus stop and I-70
Property Features
Allowable Uses:
Business w/RE; Hospitality; Hotel/Lodge; Income; Multi-Family Res; Office; Restaurant/Bar; Retail; Single Family Res; Warehouse; Other
Current Use:
Motel
Construction:
Concrete; Frame
Condominiumized:
No
Roof:
Composition Shingles
Condition:
Good
Electric:
Yes
Gas:
Natural Gas
Water:
Public; Well - Household
Sanitation:
Sewer
Green Features:
Solar
Parking:
21 + Spaces
Access:
Paved
Extras:
ADA Compliant; Employee Quarters; Fireplace; Furnished; Gas/Log Fireplace; Kitchen Area; Landscaped; Laundry; Living Quarters; Management; Pool; Restrooms; Storage
Amenities:
Front Desk; Pets Allowed/Owner
Location Amenities:
High Traffic Loc; High Visibility; Highway Access; View
Disclosures:
Excluded Buyer
Documents on File:
Survey/ILC
Water Rights:
Yes
Terms Offered:
Owner Finance
Sign:
No
Possession:
DOD
Documents
Survey ›
Listing Office:
Coldwell Banker Mason Morse-Carbondale
Last Updated: September - 05 - 2024
Broker Attribution:
(970) 963-3300
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