Flexible-Plan Mixed-Use
137 Main Street, Edwards, CO 81632
For Sale
$610,500
Commercial Sale, Edwards, CO
Property Size1,221 SF
Lot Size0.02 Acres
Price / SF$500
Days on Market295
Property Features for 137 Main Street
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Utilities
Heating system
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Berkshire Hathaway - Edwards · Berkshire Hathaway HomeServices
(970) 926-8440
Listed By:
Jennie Longville May · License #FA1300765
(970) 390-6617
Added: Jan 16
Changed: Nov 6
Last Checked: Nov 6 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This 1,221-square-foot mixed-use property at The Riverwalk has a flexible interior layout suited to customization. Built in 1997, the space is zoned Commercial Condo and includes elevator access and assigned parking. The property also has natural gas, forced-air heating and water availability.
Located on Main Street in downtown Edwards, the space offers street-front and underground parking. The existing flexible layout may also be considered for a residential conversion; the source does not establish that conversion is permitted.
Located on Main Street in downtown Edwards, the space offers street-front and underground parking. The existing flexible layout may also be considered for a residential conversion; the source does not establish that conversion is permitted.
Key Highlights
- 1,221 square feet of flexible mixed‑use space
- Commercial Condo zoning
- Elevator access, with street‑front and underground parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,143
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,860
$342.9K
Cap Rate 7%
$244,900
$244.9K
Cap Rate 9%
$190,478
$190.5K
Market Conditions
NOI Build-Up for 1,221 SF
Gross rent
$29.3K $24.00/SF
− Vacancy
−$6.4K −$5.28/SF
EGI
$22.9K $18.72/SF
− OpEx
−$5.7K −$4.68/SF
NOI
$17.1K $14.04/SF
Area
Eagle County, CO
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,860
Cap Rate 7%
$244,900
Cap Rate 9%
$190,478
Alternative Uses
Best Use
Office B
$244.9K
$214.3K – $285.7K
NOI $17,143 @ 7.0% cap · market cap 2.81%
Second Best
Mixed Use
$216.6K
$189.6K – $252.8K
NOI $15,165 @ 7.0% cap · market cap 2.48%
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 authorities.
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Location Intelligence
Trade Area within ½ mile
1,143
Businesses Nearby
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Business Placement
Demographics for 81632, CO
11,343
Population
5,529
Households
2.1
Avg Household Size
39
Median Age
58%
College-Educated
94%
High-School Grad
115.9 sq mi
ZIP Area
98
Density / Sq Mi
$92,304
Median Household Income
$49,709
Median Earnings
$1,885
Median Rent
$734,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Eagle County, CO
Properties on Market for Mixed-use properties in Eagle County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Elevator access and assigned parking support convenient visits for clients and staff.
Where is this mixed-use property 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: 1,221 square feet of flexible mixed‑use space; Commercial Condo zoning; Elevator access, with street‑front and underground parking
