23 Mel Rey Road Glenwood Springs, CO
$ 2,500,000
Property Attributes
  • MLS#172404
  • TypeIndustrial
  • CountyGARFIELD
  • CityGlenwood Springs
  • Area09-West of Glenwood
  • Zip81601
  • StyleCommercial
  • Year Built1965
  • Taxes$ 9707
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2120
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
The Agency Aspen
Data Source:
Aspen Glenwood Springs MLS (AGSMLS)
Property Description

Great investment opportunity in West Glenwood with high visibility and remodel complete in spring of 2021. Lease in place with tenant occupying approximately fifty percent of the building with a 10 year lease. Ability to lease the remaining portion or owner occupy with fuel sales approved. In addition, included in the purchase price is the adjacent lot with the ability to develop additional income.Projected NOI ~$150k**

Price History
10/14/2021 Listed $2,500,000

General Features

Access Paved
Area 09-West of Glenwood
Construction Brick, Concrete Block, Poured Concrete, Steel/Metal
Electric Yes
Foreclosure No
HOA Dues? No
Parking 11 - 20 Spaces
Property Type E
Roof Membrane
Short Sale No
Status Active
Tax Year 2020
Taxes 9707.48
Total Sq Ft 2120.00
Type Commercial
Water City
Year Built 1965
Zoning M1- Mixed Use

Interior Features

Heating/Cooling Central AC, Gas

Exterior Features

Condition Good
Mineral Rights No
Water Rights No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Industrial Average in 81601

AVG $1.91M
AVG $10,102
Year Built
AVG 1959
AVG 53
Data Provided by Walkscore ® not using MLS data

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