Retail Office Flex
230-100 Midland Ave Glenwood Springs, CO 81601
230-100 Midland Ave, Glenwood Springs, CO, 81601
$1,250,000
For Sale
$1,250,000
Retail-ready interior with three open areas, large windows, two private offices, and two restrooms with parking out front.
Property Size3,700 SF
Price / SF$337.84
Days on Market242
Property Features for 230-100 Midland Ave
General Information
- Standard status
- Active
- Size
- 3,700 SF
Listing agency
Roaring Fork Sotheby's Meadows
(970) 948-6926
Listed by
Sean de Moraes · License #FA40045629
(970) 948-6926
Source
Exprealty
Added: Nov 21, 2025 Updated: Jul 20 at 7:04PM Checked: Jul 20 at 7:04PM
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 Roaring Fork Sotheby's Meadows
Investment Insights
Based on property information with market context.
This for-sale commercial space offers nearly 3,700 square feet of interior area configured with three large open areas featuring huge windows, along with soaring ceilings. The layout also includes two private offices and two restrooms, supporting a mix of customer-facing and work-area needs.
The space is located in West Glenwood Springs, near the I-70 ramp, with ample common parking available out front. The Midland Center is described as drawing traffic from neighboring businesses, and the property is positioned across from The Glenwood Meadows shopping.
It is also offered as a potential combination purchase with a neighboring unit containing 5,560 square feet, which would create a total of 9,255 square feet for an expanded footprint.
The space is located in West Glenwood Springs, near the I-70 ramp, with ample common parking available out front. The Midland Center is described as drawing traffic from neighboring businesses, and the property is positioned across from The Glenwood Meadows shopping.
It is also offered as a potential combination purchase with a neighboring unit containing 5,560 square feet, which would create a total of 9,255 square feet for an expanded footprint.
Key Highlights
- Nearly 3,700 sq ft retail space in West Glenwood Springs, offered to own instead of leasing
- Interior features three large open areas with huge windows for natural light
- Includes 2 private offices, 2 restrooms, and ample common parking right out front
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 | $81.3k | $21.96 |
| − Vacancy | −$11.4k | −$3.07 |
| EGI | $69.9k | $18.89 |
| − OpEx | −$17.5k | −$4.72 |
| NOI | $52.4k | $14.16 |
3,700 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$748.7K
$655.1K – $873.5K
NOI $52,408 @ 7.0% cap · market cap 4.19%
Second Best
Retail
$639.4K
$559.4K – $745.9K
NOI $44,755 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$969.0K
$847.9K – $1.13M
NOI $67,829 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail-ready interior with three open areas, large windows, two private offices, and two restrooms with parking out front.
Where is this retail space located?
The property is located at 230-100 Midland Ave Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Nearly 3,700 sq ft retail space in West Glenwood Springs, offered to own instead of leasing; Interior features three large open areas with huge windows for natural light; Includes 2 private offices, 2 restrooms, and ample common parking right out front
