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Mixed-Use Office Unit with Elevator

137 Main Street Unit O201 Edwards, CO 81632

137 Main Street Unit O201, Edwards, CO, 81632
$610,500
For Sale
$610,500

Flexible office unit in a downtown mixed-use building with street-front and underground parking and elevator access.

Property Size1,221 SF
Price / SF$500
Days on Market214

Property Features for 137 Main Street Unit O201

General Information

Standard status
Active
Size
1,221 SF
Property subtype
Mixed Use

Building Details

Year Built
1997
Listing Agency Edwards
Listed by Berkshire Hathaway
Source Xome
Added: Dec 19, 2025 Updated: Jul 20 at 5:42 pm Checked: Jul 20 at 5:42 pm

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 Edwards


Investment Insights

Based on property information with market context.

This mixed-use office unit (Unit O201) offers a flexible floor plan designed to accommodate customized workspace. The property is presented as an opportunity for a business tenant to build out a functional office environment, and it is also described as a potential candidate for conversion into a residential unit.

Located in the heart of downtown Edwards at The Riverwalk, the offering includes both street-front and underground parking, with elevator access for convenience.

If you’re evaluating a space that can support a tailored office layout, or you’re exploring the reported feasibility of residential conversion, this Unit O201 within a downtown mixed-use setting provides a straightforward starting point.

Key Highlights

  • Flexible office unit in a downtown Edwards mixed‑use building at The Riverwalk
  • Commercial condo zoning
  • Street‑front and underground parking with elevator access

Local Financial Insights For Office B

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 $29.3k $24.00
− Vacancy −$6.4k −$5.28
EGI $22.9k $18.72
− OpEx −$5.7k −$4.68
NOI $17.1k $14.04
1,221 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$244.9K
$214.3K – $285.7K (±1% cap)
NOI $17,143 @ 7.0% cap · market cap 2.81%
Second Best
Mixed Use
$216.6K
$189.6K – $252.8K (±1% cap)
NOI $15,165 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K (±1% cap)
NOI $23,443 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Auto Parts Store Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Office units - Flexible office unit in a downtown mixed-use building with street-front and underground parking and elevator access.
Where is this office units located?
The property is located at 137 Main Street Unit O201 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: Flexible office unit in a downtown Edwards mixed‑use building at The Riverwalk; Commercial condo zoning; Street‑front and underground parking with elevator access
Contact an agent
More about this property
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