Office Condominium with
137 Main Street Edwards, CO 81632
137 Main Street, Edwards, CO, 81632
$610,500
For Sale
$610,500
COMMERCIAL - Edwards, CO
Property Size1,221 SF
Lot Size0.02 Acres
Price / SF$500
Days on Market188
Property Features for 137 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial Condo
- Parking features
- Assigned
- Standard status
- Active
- APN
- 2105-054-27-012
- Size
- 1,221 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUBDIVISION: RIVERWALK DIAMOND BLDG CONDOS UNIT: O-201 R669199 DEC 09-14-98 R669200 MAP 09-14-98 R69
- Tax Annual Amount
- 7437
Utilities
- Utilities
- Water Available
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 1
- Building materials
- Steel Siding, Concrete
- Roof type
- Asphalt
Listing agency
Berkshire Hathaway - Edwards
(970) 926-8440
Listed by
Jennie Longville May · License #FA1300765
(970) 390-6617
Added: Jan 16 Updated: Jul 17 at 10:31AM Checked: Jul 23 at 7:06AM
MLS# 1013348
Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial condo office space at 137 Main Street in Edwards, Colorado offers a flexible floor plan for an end-to-end customized workspace. The property is part of a mixed-use setting described as The Riverwalk, and it includes elevator access to support client and employee convenience.
Access is designed to be straightforward, with both street-front parking and underground parking available. The space is positioned in the heart of downtown Edwards at The Riverwalk, giving it an in-town presence while still supporting off-street parking needs.
While the layout is suited for office use, the offering also notes the possibility of transforming the space into a residential unit, subject to appropriate approvals and design work.
Access is designed to be straightforward, with both street-front parking and underground parking available. The space is positioned in the heart of downtown Edwards at The Riverwalk, giving it an in-town presence while still supporting off-street parking needs.
While the layout is suited for office use, the offering also notes the possibility of transforming the space into a residential unit, subject to appropriate approvals and design work.
Key Highlights
- Prime location in the heart of downtown Edwards at The Riverwalk.
- Flexible floor plan allows for customized workspace or residential conversion.
- Easy street‑front and underground parking.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.3k | $24.00 |
| − Vacancy | −$6.4k | −$5.28 |
| EGI | $22.9k | $18.72 |
| − OpEx | −$5.7k | −$4.68 |
| NOI | $17.1k | $14.04 |
1,221 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$244.9K
$214.3K – $285.7K
NOI $17,143 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K
NOI $23,443 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial condo office space at 137 Main Street with elevator access and street-front plus underground parking.
Where is this office units located?
The property is located at 137 Main Street Edwards, CO.
What is the asking price?
The asking price for this property is $610,500.
What are key features of this property?
This property features: Prime location in the heart of downtown Edwards at The Riverwalk.; Flexible floor plan allows for customized workspace or residential conversion.; Easy street‑front and underground parking.
