Retail Space with
100 Midland Avenue Unit 250 & 26 Glenwood Springs, CO 81601
For Sale
$1,650,000
Retail unit features two large open areas, expansive windows, and a mezzanine with private rooms and restrooms.
Property Size5,560 SF
Price / SF$296.76
Days on Market395
Property Features for 100 Midland Avenue Unit 250 & 26
General Information
- Standard status
- Active
- Size
- 5,560 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2005
Listing Agency:
Coldwell Banker Lenhart-Gilmer
(903) 790-2015
Listed By:
Wendy West · License #0588934
(903) 790-2015
Source:
Xome
Added: Jun 24, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Lenhart-Gilmer
Investment Insights
Based on property information with market context.
This retail space offers 5,560 square feet configured with two large open areas supported by expansive windows and soaring ceilings. A mezzanine level includes private rooms, a welcome desk, and two restrooms, providing additional interior space beyond the main sales floor.
The unit is situated in West Glenwood near the I-70 ramp, with access to parking directly in front of the space. The property is located within the Midland Center.
This unit is also described as available for purchase in conjunction with a neighboring retail space of nearly 3,700 square feet, which would allow for a combined total of 9,255 square feet if desired. The remarks further note the option to construct a demising wall between the two units.
The unit is situated in West Glenwood near the I-70 ramp, with access to parking directly in front of the space. The property is located within the Midland Center.
This unit is also described as available for purchase in conjunction with a neighboring retail space of nearly 3,700 square feet, which would allow for a combined total of 9,255 square feet if desired. The remarks further note the option to construct a demising wall between the two units.
Key Highlights
- 5,560 SF retail space with two large open areas and expansive windows for natural light
- Includes a mezzanine with private rooms and a welcome desk
- Has 2 restrooms for customer and employee use
Financial Insights For Retail
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 | $100.1k | $18.00 |
| − Vacancy | −$4.0k | −$0.72 |
| EGI | $96.1k | $17.28 |
| − OpEx | −$28.8k | −$5.18 |
| NOI | $67.3k | $12.10 |
5,560 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$960.8K
$840.7K – $1.12M
NOI $67,254 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,927 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Retail unit features two large open areas, expansive windows, and a mezzanine with private rooms and restrooms.
Where is this retail space located?
The property is located at 100 Midland Avenue Unit 250 & 26 Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 5,560 SF retail space with two large open areas and expansive windows for natural light; Includes a mezzanine with private rooms and a welcome desk; Has 2 restrooms for customer and employee use
