720 Grand Avenue

Glenwood Springs, CO 81601

About this property

Your chance to own a piece of history in downtown Glenwood Springs. 2019 showed a nice solid 5.4 CAP and now with FULL OCCUPANCY, 2020 is on track to have just under an 8 CAP. The King Mall offers the ideal commercial location for pedestrian and drive-by traffic with some of the best visibility and access in downtown Glenwood Springs. Current leases in place include a restaurant, jewelry store, glass shop & spa. Incredible opportunity for a long term investment hold in the heart of one of the Western Slope's fastest growing communities.

Date Listed
March 10, 2020
Listing Status
Active
Days On Site
25
MLS#
163479

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Sub-Type
Resale
Year
1903
Garage
0
Pool
No
Story(s)
0
Property View
No
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$1,495,000 Active
0 Beds
0 Baths
6,658 SQFT

Presented By Coldwell Banker Distinctive Properties, Montrose

Get in touch today! Phone: (970) 249-2449
Brokerage
Montrose
(970) 249-2449
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Area Information

Glenwood | Garfield County |

$ 1,495,000
This listing is play_arrow 754.3% higher than the average in the area
$ 175,000 in the area
6,658 SqFt
This listing is play_arrow 866.3% larger than the average in the area
689 SqFt in the area
$ 225 $/SqFt
This listing is play_arrow 11.6% less than the average in the area
$ 254 $/SqFt in the area
25 days on site
This listing is play_arrow 56.9% below the average in the area
58 days on site in the area

Schools in the Area

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    Elementary School
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    High School

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