Glenwood Springs, CO 81601

$1,350,000
Property Type: Commercial Sale Square Footage: 3,807 Lot Size (sq. ft.): 5,000 Status: Active
Current Price: $1,350,000 List Date: 10/30/2025 Last Modified: 3/24/2026

Overview

Description

Downtown Glenwood Springs - Rare Income Property! This one-of-a-kind property in the heart of downtown Glenwood Springs offers endless potential and flexibility. The charming front house, built in 1938, features 1 bedroom and 1 bathroom, showcasing classic character and timeless appeal. Zoned for single-family residential or commercial use, this property is ideal for a variety of purposes. Behind the main house sits a well-maintained duplex built in 1997, offering strong rental income history. Each unit includes 2 bedrooms, 1 bathroom, a covered parking space, and a private storage closet. The duplex provides excellent investment opportunities. Enjoy the perfect combination of historic charm, income potential, and prime downtown location--all within walking distance to restaurants, shops, and Glenwood's best amenities. RENTAL INCOME on the 3 units = $7,400/month.

Listing Details MLS# 190665

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Glenwood Springs
Zoning County
Garfield
Type
Commercial
Major Area
Glenwood Springs
Area
09-Glenwood Proper
Asking Price
1350000
Original List Price
1350000
City/Town
Glenwood Springs
State/Province
CO
Postal Code
81601

Keywords Info

Association Dues
No

Listing Info

Occupant Type
Vacant
Seller/Owner is Licensed
No
Short Sale
No
REO
No
Member Association
Glenwood Association

General Info

Sub/Loc
Townsite of Glenwood Springs
County
Garfield
Legal
Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWNSTE. GLENWOOD Block: 18 Lot: 24 2500 SQ FT
Zoning
M2 - Mixed Use Core
Lot SqFt
5000
Nbr of Acres
0.11
Total SqFt
3807
Unit SqFt
1707
Year Built
1938
Directions
From downtown Glenwood Springs, head south on Grand Avenue. The property will be on your right at 1015 Grand Avenue.

Financing Info

Metro Tax District
No
Taxes
4261
Tax Year
2024
Transfer Tax
No
Total HOA Fee Per Year
0

Status Change Info

Sold Price Per/SF
0

More Information

Remarks

Public Remarks
Downtown Glenwood Springs - Rare Income Property! This one-of-a-kind property in the heart of downtown Glenwood Springs offers endless potential and flexibility. The charming front house, built in 1938, features 1 bedroom and 1 bathroom, showcasing classic character and timeless appeal. Zoned for single-family residential or commercial use, this property is ideal for a variety of purposes. Behind the main house sits a well-maintained duplex built in 1997, offering strong rental income history. Each unit includes 2 bedrooms, 1 bathroom, a covered parking space, and a private storage closet. The duplex provides excellent investment opportunities. Enjoy the perfect combination of historic charm, income potential, and prime downtown location--all within walking distance to restaurants, shops, and Glenwood's best amenities. RENTAL INCOME on the 3 units = $7,400/month.

Units

Units
3

Allowable Uses

Income
Yes
Mixed Use
Yes
Multi-Family Res
Yes

Current Use

Income
Yes
Multi-Family
Yes

Construction

Frame
Yes

Electric

Yes
Yes

Condition

Good
Yes

Basement/Substructure

Slab
Yes
Unfinished
Yes

Gas

Natural Gas Available
Yes

Roof

Metal
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Heating/Cooling

Gas
Yes
Hot Water
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes

Mineral Rights

No
Yes

Parking

1 - 5 Spaces
Yes
Covered Parking
Yes

Occupant

Tenant Occupied
Yes
Vacant
Yes
Multiple Leases
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Income; Mixed Use; Multi-Family Res Current Use: Income; Multi-Family Construction: Frame Roof: Metal Condition: Good Electric: Yes Gas: Natural Gas Available Water: Public Sanitation: Sewer Parking: 1 - 5 Spaces; Covered Parking Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied; Vacant; Multiple Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD
IDX
Listing Office: The Property Shop
Source MLS Verified
Last Updated: March - 24 - 2026
Broker Attribution: (970) 947-9300

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