Glenwood Springs Mixed-Use Building

820 Grand Ave, Glenwood Springs, CO 81601

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For Sale

$975,000

Prime real estate with existing restaurant and apartment conversion potential.

Lot size:

0.06 Acres

HighLights

Prime real estate location on Grand Ave in Glenwood Springs.
Existing business in place provides immediate income.
Lease on restaurant in place until 2028.
Upstairs space can be converted into two apartments.
Significant potential for future development and increased value.
Rare opportunity to own property in a desirable location.

We can help!

Listing Contact

Nancy Marie Stover

For Sale

$975,000

Prime real estate with existing restaurant and apartment conversion potential.

Lot size:

0.06 Acres

Added:: Jan 26, 2025
Days on Market:: 503
Last Refresh:: Jan 20 at 9:46 am

Property Features for 820 Grand Ave

General Information

Standard status: Active
Lot size: 0.06 Acres

We can help!

Listing Contact

Nancy Marie Stover

Listing agent Nancy Marie Stover

Listing office Leverich and Carr Real Estate

Listing date Jan 26, 2025

Source Exprealty

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 Leverich and Carr Real Estate

HighLights

Prime real estate location on Grand Ave in Glenwood Springs.
Existing business in place provides immediate income.
Lease on restaurant in place until 2028.
Upstairs space can be converted into two apartments.
Significant potential for future development and increased value.
Rare opportunity to own property in a desirable location.

Overview

This property represents a unique opportunity to own real estate on Grand Avenue in Glenwood Springs. The property includes a business already in place, with a lease on the restaurant extending until 2028. The building's upper level presents the possibility of conversion into two apartments, offering additional income potential. The property is suitable for restaurants, apartment buildings, multifamily properties, and residential income properties.

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Glenwood Springs
County: Garfield
State: Colorado
Longitude: -107.324
Latitude: 39.5459

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For sale
Restaurants
CO
Glenwood Springs
81601
820 Grand Ave

What type of property is this?

Restaurant - Prime real estate with existing restaurant and apartment conversion 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 in place provides immediate income.; Lease on restaurant in place until 2028.