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    110 Greenwood Ave Cedaredge, CO 81413

    For Sale
    $325,000

    Profitable 5-suite retail building, seller financing.

    Property size:
    2,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional investment opportunity presents a 2,800 square foot multi-tenant retail building situated on a 0.25-acre lot at 110 SE Greenwood Avenue in Cedaredge, Colorado. Currently 100% leased, the property boasts five individual suites, providing a consistent income stream. Constructed in 1983 and extensively renovated in 2019, the building features a new roof, updated metal and stucco siding, and soon-to-be-installed new gutters. A significant advantage is the large, shared courtyard, offering tenants ample space for outdoor seating or product displays. Convenient off-street parking, prominent pylon signage, and excellent street visibility enhance the property's appeal and tenant satisfaction. The short-term leases provide flexibility for a new owner, allowing for options such as owner-occupancy, lease renegotiation, or the addition of complementary tenants. Located on State Highway 65, the main thoroughfare to the Grand Mesa, this property benefits from high traffic volume. Its unique architectural blend of stone, stucco, metal, and wood seamlessly integrates with the downtown Cedaredge community, just two blocks away. This attractive property is being offered for sale with seller financing available

    Property Features for 110 Greenwood Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,800 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1983
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedaredge
    County
    Delta
    State
    Colorado
    Longitude
    -107.9273
    Latitude
    38.89356

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    FAQs

    What type of property is this?
    Retail property - Profitable 5-suite retail building, seller financing.
    Where is this retail property located?
    The property is located at 110 Greenwood Ave Cedaredge, CO.
    What is the asking price?
    The asking price for this property is $325,000.
    Request Owner's contact information
    110 Greenwood Ave Cedaredge, CO 81413
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    Cedaredge, CO 81413
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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
    110 Greenwood Ave Cedaredge, CO 81413
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