2520 S Grand Avenue 203, Glenwood Springs, CO 81601
$525,000
Property Type:
Commercial Sale
Square Footage:
1,129
Status:
Pending
Current Price:
$525,000
List Date:
1/30/2026
Last Modified:
4/30/2026
Listing Details MLS# 191511
Location Info
- Inside City Limits
- Yes
- Condominiumized
- Yes
- Zoning City
- Commercial
- Zoning County
- Commercial
- Type
- Commercial
- Major Area
- Glenwood Springs
- Area
- 09-South of Glenwood
- Asking Price
- 525000
- Original List Price
- 525000
- Street #
- 2520
- Street Direction Pfx
- S
- Street Name
- Grand
- Street Suffix
- Avenue
- Address 2/Unit #
- 203
- City/Town
- Glenwood Springs
- State/Province
- CO
- Postal Code
- 81601
Keywords Info
- Association Dues
- Yes
- Association Fee
- 1125.56
- Association Fee Frequency
- Monthly
Listing Info
- Occupant Type
- Vacant
- Seller/Owner is Licensed
- No
- REO
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- None
- County
- Garfield
- Legal
- Section: 16 Township: 6 Range: 89 DESC: FIRST AMENDED Subdivision: PENROSE PLAZA Unit: 2E STATE EXEMPT #23-01096-16
- Zoning
- Commercial
- Total SqFt
- 1129
- Unit SqFt
- 1129
- Parcel #
- 218516442012
- Year Built
- 2002
- Directions
- South On Grand Ave, turn right onto South Grand, units are on the left before the 27th street bridge
Financing Info
- Metro Tax District
- No
- Tax Year
- 2025
- Transfer Tax
- No
- HOA Dues
- 3136
- Total HOA Fee Per Year
- 13506.72
- Taxes
- 0
Status Change Info
- Under Contract Date
- 2026-04-23
- Proposed Close Date
- 2026-05-29
- Sold Price Per/SF
- 0
More Information
Remarks
- Public Remarks
- Light-filled second-level office condominium located in Penrose Plaza, one of Glenwood Springs' premier professional office buildings. Unit 203 offers a flexible layout with abundant natural light, mountain views, and a quiet professional setting ideal for owner-users or investors. The space features a combination of open workspace and multiple private offices, allowing for a wide range of professional uses including legal, medical, financial, creative, or general office. Large windows provide excellent daylight and views, creating a bright and productive work environment. Unit 203 conveys with two dedicated parking spaces (Spaces D and J) and a separately deeded storage unit (Unit B)—a rare and valuable combination within the building. Additional building amenities include elevator access, professional common areas, and convenient access to downtown Glenwood Springs, Highway 82, and surrounding amenities. This is an excellent opportunity to acquire high-quality office space with strong fundamentals in a well-located and established commercial building.
Allowable Uses
- Mixed Use
- Yes
- Office
- Yes
Current Use
- Medical
- Yes
Construction
- Block
- Yes
- Concrete
- Yes
Condition
- Excellent
- Yes
Basement/Substructure
- Other
- Yes
Water
- Community
- Yes
Sanitation
- Sewer
- Yes
Water Rights
- No
- Yes
Heating/Cooling
- Central AC
- Yes
- Forced Air
- Yes
Location Amenities
- High Visibility
- Yes
- View
- Yes
Mineral Rights
- No
- Yes
Parking
- 1 - 5 Spaces
- Yes
- Common
- Yes
- Covered Parking
- Yes
- Parking Lot
- Yes
Occupant
- Vacant
- Yes
Possession
- DOD
- Yes
Sign
- Yes
- Yes
Property Features
Allowable Uses:
Mixed Use; Office
Current Use:
Medical
Construction:
Block; Concrete
Condition:
Excellent
Water:
Community
Sanitation:
Sewer
Parking:
1 - 5 Spaces; Common; Covered Parking; Parking Lot
Location Amenities:
High Visibility; View
Occupant:
Vacant
Water Rights:
No
Mineral Rights:
No
Sign:
Yes
Possession:
DOD
Listing Office:
Compass Aspen
Last Updated: April - 30 - 2026
Broker Attribution:
970-925-6063
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
ALL RIGHTS RESERVED WORLDWIDE
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.