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    820 Grand Ave Glenwood Springs, CO 81601

    For Sale
    $975,000

    COMMERCIAL - Glenwood Springs, CO

    Property size:
    4,775 SF
    Lot size:
    0.06 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 820 Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial & Res
    APN
    218509412006
    Basement
    Unfinished
    Size
    4,775 SF
    Lot size
    0.06 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1909

    Leverich & Carr Real Estate (970) 925-5400 [email protected]

    Listing agent Nancy Marie Stover (970) 948-4350

    Listing date Sep 29, 2025

    Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Glenwood Springs Commercial Opportunity

    Located in Glenwood Springs, this commercial property offers a rare opportunity on Grand Avenue. The property includes a business currently in place, with a lease on the restaurant extending until 2028. The existing structure provides approximately 4,775 square feet of space on a lot of approximately 0.06 acres. The zoning is designated as Commercial & Res, allowing for a range of uses. The upper level of the building presents the possibility of conversion into two apartments, offering additional income potential. This property presents significant potential for a buyer seeking a versatile investment in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood Springs
    County
    Garfield
    State
    Colorado
    Longitude
    -107.32444
    Latitude
    39.545932

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    FAQs

    What type of property is this?
    Restaurant - Prime real estate with existing business and apartment potential.
    Where is this restaurant located?
    The property is located at 820 Grand Ave Glenwood Springs, CO.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Prime real estate location on Grand Ave in Glenwood Springs; - Existing business included with the property; - Restaurant lease in place until 2028 providing immediate income
    (970) 948-4350
    Request Owner's contact information
    820 Grand Ave Glenwood Springs, CO 81601
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    Glenwood Springs, CO 81601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    820 Grand Ave Glenwood Springs, CO 81601
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