26808 CO-82, Snowmass, CO 81654

$3,200,000
Property Type: Commercial Sale Square Footage: 72,310 Lot Size (sq. ft.): 72,310 Status: Closed
Current Price: $3,200,000 List Date: 8/01/2018 Last Modified: 9/05/2024

Overview

Description

Rare opportunity for a commercial parcel on Hwy 82. B2 Zoning allows for a broad range of business uses making this parcel a prime opportunity for an investor or end user. 19,000 cars pass by every day! Property currently produces income from three businesses and one residential unit. Add the fuel revenue and you have a cap rate deal that is difficult to find in Pitkin County. Any representations regarding FAR or potential development rights must be verified by the buyer during due diligence. Sellers do not make any representations of development potential.

Listing Details MLS# 155478

Location Info

Type
Commercial
Major Area
Old Snowmass
Area
04-Old Snowmass
Asking Price
3950000
Original List Price
4300000
Street #
26808
Street Name
CO-82
City/Town
Snowmass
State/Province
CO
Postal Code
81654

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
No

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association

General Info

Sub/Loc
None
County
Pitkin
Legal
AVALANCHE ASSOCIATES SUB EXEMPTION COMMERCIAL PARCEL
Zoning
B 2 General Business
Lot SqFt
72310
Nbr of Acres
1.66
Total SqFt
72310
Unit SqFt
7026
Inventory
No
Parcel #
246727202001
Year Built
1971
Year Remodeled
1985
Directions
Located on Hwy 82 at the intersection of Snowmass Creek Rd.

Financing Info

Metro Tax District
No
Taxes
20708.84
Tax Year
2018
Transfer Tax
No
HOA Dues
0

Status Change Info

Under Contract Date
2019-06-07
Proposed Close Date
2019-09-25
Sold Date
2019-12-09
Sold Price Per/SF
44.25
How Sold
Conventional

More Information

Remarks

Public Remarks
Rare opportunity for a commercial parcel on Hwy 82. B2 Zoning allows for a broad range of business uses making this parcel a prime opportunity for an investor or end user. 19,000 cars pass by every day! Property currently produces income from three businesses and one residential unit. Add the fuel revenue and you have a cap rate deal that is difficult to find in Pitkin County. Any representations regarding FAR or potential development rights must be verified by the buyer during due diligence. Sellers do not make any representations of development potential.

Allowable Uses

Business w/o RE
Yes
Income
Yes
Mixed Use
Yes
Office
Yes
Retail
Yes
Warehouse
Yes

Current Use

Gas/Automotive
Yes
Income
Yes
Retail Store
Yes

Construction

Block
Yes
Frame
Yes

Access

Paved
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Average
Yes

Basement/Substructure

Slab
Yes

Water

Well - Domestic
Yes

Sanitation

Septic
Yes

Water Rights

No
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes
Highway Access
Yes
Intersection
Yes

Mineral Rights

No
Yes

Parking

21 + Spaces
Yes
Assigned
Yes
Parking Lot
Yes
Paved
Yes

Occupant

Owner Occupied
Yes
Tenant Occupied
Yes
Multiple Leases
Yes

Disclosures

1031 Exchange
Yes

Owner Pays

Property Taxes
Yes
Site Maintenance
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes

Sign

No
Yes

Property Features

Allowable Uses: Business w/o RE; Income; Mixed Use; Office; Retail; Warehouse Current Use: Gas/Automotive; Income; Retail Store Construction: Block; Frame Condominiumized: No Condition: Average Electric: Yes Water: Well - Domestic Sanitation: Septic Owner Pays: Property Taxes; Site Maintenance Parking: 21 + Spaces; Assigned; Parking Lot; Paved Access: Paved Location Amenities: High Traffic Loc; High Visibility; Highway Access; Intersection Occupant: Owner Occupied; Tenant Occupied; Multiple Leases Disclosures: 1031 Exchange Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: DOD
IDX
Listing Office: Douglas Elliman Real Estate-Hyman Ave
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 925-8810

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.