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
198
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
Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$1,495,000 Active
0 Beds
0 Full Baths
6,658 SQFT

Presented By Coldwell Banker Distinctive Properties

Agent Image
Get in touch today! Phone: (877) 978-2978
Brokerage
Sun Valley Ketchum
(208) 622-3400
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Glenwood | Garfield County |

$ 1,495,000
This listing is play_arrow 629.3% higher than the average in the area
$ 205,000 in the area
6,658 SqFt
This listing is play_arrow 1009.7% larger than the average in the area
600 SqFt in the area
$ 225 $/SqFt
This listing is play_arrow 34.3% less than the average in the area
$ 342 $/SqFt in the area
198 days on site
This listing is play_arrow 70.3% below the average in the area
666 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive

Real Estate Links Our Domains