718 Grand Avenue, Glenwood Springs, CO 81601 (MLS# 188036) -

718 Grand Avenue, Glenwood Springs, CO 81601

$1,500,000

Property Type: Commercial Sale Square Footage: 4,160 Lot Size (sq. ft.): 2,000 Status: Closed

Current Price: $1,500,000 List Date: 5/05/2025 Last Modified: 3/07/2026

Overview

Description

Rare Opportunity in the Heart of Downtown Glenwood Springs! Welcome to this iconic mixed-use building nestled in the vibrant core of downtown Glenwood Springs. This four-unit gem offers an unbeatable blend of residential and commercial space, making it a premier investment opportunity or live-work scenario. The main-level commercial unit boasts high visibility, steady foot traffic, and endless potential for a thriving business. Above, you'll find two charming apartments full of character and natural light. The third apartment has easy alley access. And the crown jewel? A spectacular rooftop deck with unobstructed 360-degree views of Red Mountain, the Colorado River, and all the action below. This is downtown living at its absolute finest, just a few steps to restaurants, shops, trails, the hot springs, and the Amtrak station. Whether you're an investor, entrepreneur, or someone dreaming of owning a slice of Glenwood's historic charm, this building checks every box. Don't miss y ... (Read more)

Listing Details MLS# 188036

Location Info

Inside City Limits: Yes
Condominiumized: No
Zoning City: mixed use - M-2
Zoning County: mixed use - M-2
Type: Commercial
Major Area: Glenwood Springs
Area: 09-Glenwood Proper
Asking Price: 1699000
Original List Price: 1699000
Street #: 718
Street Name: Grand
Street Suffix: Avenue
City/Town: Glenwood Springs
State/Province: CO
Postal Code: 81601

Keywords Info

Total Building SqFt: 1.001 - 5,000
Association Dues: No

Listing Info

Occupant Type: Tenant
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Glenwood Association

General Info

Sub/Loc: Townsite of Glenwood Springs
County: Garfield
Legal: ORIGINAL TWNSTE. GLENWOOD Block: 44 Lot: C ONLY THE N. 20.0'
Zoning: mixed use - M-2
Lot SqFt: 2000
Nbr of Acres: 0.05
Stories: 3
Total SqFt: 4160
Unit SqFt: 4160
Inventory: No
Parcel #: 218509405017
Year Built: 1904
Directions: Block of 7th & Grand

Financing Info

Metro Tax District: No
Taxes: 6676.76
Tax Year: 2024
Transfer Tax: No
HOA Dues: 0
Total HOA Fee Per Year: 0

Status Change Info

Under Contract Date: 2025-08-29
Proposed Close Date: 2025-10-28
Sold Date: 2025-09-23
Sold Price Per/SF: 360.58
How Sold: Other

More Information

Remarks

Public Remarks: Rare Opportunity in the Heart of Downtown Glenwood Springs! Welcome to this iconic mixed-use building nestled in the vibrant core of downtown Glenwood Springs. This four-unit gem offers an unbeatable blend of residential and commercial space, making it a premier investment opportunity or live-work scenario. The main-level commercial unit boasts high visibility, steady foot traffic, and endless potential for a thriving business. Above, you'll find two charming apartments full of character and natural light. The third apartment has easy alley access. And the crown jewel? A spectacular rooftop deck with unobstructed 360-degree views of Red Mountain, the Colorado River, and all the action below. This is downtown living at its absolute finest, just a few steps to restaurants, shops, trails, the hot springs, and the Amtrak station. Whether you're an investor, entrepreneur, or someone dreaming of owning a slice of Glenwood's historic charm, this building checks every box. Don't miss your chance to own a piece of Main Street magic!

Units

Units: 4

Terms Offered

Other: new loan
Cash: Yes

Allowable Uses

Mixed Use: Yes
Multi-Family Res: Yes
Retail: Yes

Current Use

Multi-Family: Yes

Construction

Brick: Yes

Access

Paved: Yes

Electric

Yes: Yes

Condition

Good: Yes

Gas

Natural Gas: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Heating/Cooling

Central AC: Yes
Forced Air: Yes
Gas: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes

Mineral Rights

No: Yes

Documents on File

Leases: Yes

Parking

None: Yes

Occupant

Tenant Occupied: Yes

Possession

DOD: Yes

Sign

No: Yes

Property Features

Allowable Uses: Mixed Use; Multi-Family Res; Retail Current Use: Multi-Family Construction: Brick Roof: Membrane Condition: Good Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: None Access: Paved Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied Documents on File: Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: DOD

Documents

Neighbor lot proposed drawing ›

plans ›

Listing Office: The Property Shop

Last Updated: March - 07 - 2026

Broker Attribution: (970) 947-9300

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.