151 Mel Rey Road, Glenwood Springs, CO 81601 (MLS# 194315)

151 Mel Rey Road, Glenwood Springs, CO 81601

$25

Property Type: Commercial Lease Lot Size (sq. ft.): 14,145 Status: Active

Current Price: $25 List Date: 8/25/2026 Last Modified: 8/25/2026

Overview

Description

Build-to-Suit Lease Opportunity -- 1 minute from the West Glenwood I-70 interchange, roughly equidistant to Aspen and Vail -- ideal for service/distribution tenants covering both resort markets or businesses serving the local community. Warehouse space is scarce; this lets you design your own new space without the capital cost of acquiring land and building on your own. Conceptual plans are approx. 5,000 SF but fully flexible to tenant needs (warehouse, distribution, office, retail, live/work, or a mix). Local owner ready to break ground quickly after lease signing. Landlord open to a future purchase option. Landlord/owner is a licensed real estate agent in Colorado.

Listing Details MLS# 194315

Location Info

Type: Leasehold
Major Area: Glenwood Springs
Area: 09-West of Glenwood
Original List Price: 25
Street #: 151
Street Name: Mel Rey
Street Suffix: Road
City/Town: Glenwood Springs
State/Province: CO
Postal Code: 81601

Lease Info

Unit SqFt: 5000
Ground Floor SqFt: 5,000
Asking Price: 25
Type of Lease: NNN
Lease $ Amount: $25 psf

Financing Info

Annual Tax P/SqFt: 6170.36
Tax Year: 2025
Total Expense P/Year: 6170.36
Security Deposit: 25000

Listing Info

SqFt Level: No
Term Offered: 5-year +
Seller/Owner is Licensed: Yes
Member Association: Aspen Association

General Info

Sub/Loc: None
County: Garfield
Legal: SECTION: 6 TOWNSHIP: 6 RANGE: 89 SUBDIVISION: MEL-RAY SUB. BLOCK: 1 LOT: 1 14150 SQUARE FEET
Zoning: Commercial
Lot SqFt: 14145
Nbr of Acres: 0.32
Under Construction: No
Occupant Type: Tenant
Parcel #: 218506101009
Year Built: 2027
Directions: Exit I-70 at West Glenwood. Proceed 0.10 miles north from roundabout on Mel Rey, On left side. Gated.

More Information

Remarks

Public Remarks: Build-to-Suit Lease Opportunity -- 1 minute from the West Glenwood I-70 interchange, roughly equidistant to Aspen and Vail -- ideal for service/distribution tenants covering both resort markets or businesses serving the local community. Warehouse space is scarce; this lets you design your own new space without the capital cost of acquiring land and building on your own. Conceptual plans are approx. 5,000 SF but fully flexible to tenant needs (warehouse, distribution, office, retail, live/work, or a mix). Local owner ready to break ground quickly after lease signing. Landlord open to a future purchase option. Landlord/owner is a licensed real estate agent in Colorado.

Property Features

Allowable Uses: Industrial - Light; Office; Retail; Warehouse; Other Condition: New Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Building Insurance; Electricity; Gas; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Water Owner Pays: Exterior Maintenance Disclosures: Landlord Licensed Possession: Subject to Lease

Documents

Survey ›

Listing Office: Douglas Elliman Real Estate-Willits

Last Updated: August - 25 - 2026

Broker Attribution: (970) 925-8810

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