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Leased Gas Station with Food Trucks
For Sale
$2,300,000

23 Mel Rey Road, Glenwood Springs, CO 81601

COMMERCIAL - Glenwood Springs, CO

Property Size2,120 SF
Lot Size0.47 Acres
Price / SF$1,084
Days on Market47

Property Features for 23 Mel Rey Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1- Mixed Use
Lot features Corner Lot
Directions Off of I-70 West, go to the roundabout and take the second right. Property will be on the left.
Subdivision Glenwood Springs
Standard status Active
APN 218506104005
Size 2,120 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2020
Tax Description Section: 6 Township: 6 Range: 89 Subdivision: MEL-RAY SUB. Block: 4 Lot: 6, Subdivision: MEL-RAY SUB. Lot: 7 S 50' OF E
Tax Annual Amount 9707
Legal Description Section: 6 Township: 6 Range: 89 Subdivision: MEL-RAY SUB. Block: 4 Lot: 6, Subdivision: MEL-RAY SUB. Lot: 7 S 50' OF E

Utilities

Water source Public

Building Details

Year built 1965
Building materials Concrete, Block, Steel Frame, Brick
Roof type Membrane
Listing Agency: The Agency Aspen
Listed By: Chris Flynn · License #ER.40014021
Added: Jul 13 Changed: Aug 5 Last Checked: Aug 28 at 6:06PM
MLS# 193775

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,120-square-foot gas station property was built in 1965 and is fully leased. The site includes fuel services, while two food trucks operate on part of the surrounding lot. Construction incorporates concrete, block, steel frame, and brick, with a membrane roof and public water service.

Positioned at the West Glenwood roundabout, the property benefits from a visible roadside setting. The 0.47-acre offering also includes an adjacent lot, providing a separate area for potential future development. M1 mixed-use zoning supports the property’s commercial positioning and should be reviewed alongside applicable development requirements.

Key Highlights

  • Fully leased gas station property with fuel services
  • 2,120‑square‑foot building constructed in 1965
  • Two food trucks occupy part of the lot

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Parking Lot & Garage Law Firm Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 33% Home Improvements & Furnishings 9% Apparel 4%
Kum & Go Shops & Services
26,122 visits/mo 0.2 miles
Arby's Dining
21,749 visits/mo 0.0 miles
Culver's Dining
13,457 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
9,636 visits/mo 0.3 miles
Conoco Shops & Services
6,001 visits/mo 0.2 miles

Demographics for 81601, CO

16,484
Population
6,491
Households
2.5
Avg Household Size
38
Median Age
41%
College-Educated
88%
High-School Grad
367.6 sq mi
ZIP Area
45
Density / Sq Mi
$103,632
Median Household Income
$45,271
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Fuel operations, two food trucks, and an adjoining lot are included in this mixed-use commercial property.
Where is this gas station located?
The property is located at 23 Mel Rey Road Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully leased gas station property with fuel services; 2,120‑square‑foot building constructed in 1965; Two food trucks occupy part of the lot
More about this property
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