Medical Office Suite with Treatment
505 Anglers Drive, Steamboat Springs, CO 80487
For Sale
Contact for pricing
Commercial, Steamboat Springs, CO
Property Size2,125 SF
Lot Size0.11 Acres
Price / SF$3.73
Days on Market152
Property Features for 505 Anglers Drive
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Roof type
Listing Agency:
The Agency Steamboat Springs
(970) 457-6880
Listed By:
Christopher Sias
(970) 819-5543
Added: Jun 15
Changed: Nov 11
Last Checked: Nov 13 at 8:06PM
MLS# S1069693
Copyright © 2026 Altitude 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 ground-floor medical office suite offers up to 2,125 square feet, with an option to divide the space into portions starting at approximately 1,000 square feet. Its layout includes a reception and waiting area, multiple private rooms, dedicated work areas, two restrooms, storage, and support space. A former medical configuration includes an X-ray room, and the suite has both front and rear entrances.
The property is positioned beside Fish Creek and near Central Park Plaza and Sundance Plaza. The building dates to 2000 and has forced-air heating and central air conditioning.
The property is positioned beside Fish Creek and near Central Park Plaza and Sundance Plaza. The building dates to 2000 and has forced-air heating and central air conditioning.
Key Highlights
- Up to 2,125 square feet, with division options starting at approximately 1,000 square feet
- Ground‑floor suite has front and rear entrances
- Layout includes reception and waiting areas, private rooms, work areas, storage, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,015
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,300
$640.3K
Cap Rate 7%
$457,357
$457.4K
Cap Rate 9%
$355,722
$355.7K
Market Conditions
NOI Build-Up for 2,125 SF
Gross rent
$57.4K $27.00/SF
− Vacancy
−$4.0K −$1.89/SF
EGI
$53.4K $25.11/SF
− OpEx
−$21.3K −$10.04/SF
NOI
$32.0K $15.07/SF
Area
Routt County, CO
Vacancy
7.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,300
Cap Rate 7%
$457,357
Cap Rate 9%
$355,722
Alternative Uses
Best Use
Office B
$508.2K
$444.7K – $592.9K
NOI $35,573 @ 7.0% cap
Second Best
Healthcare Medical
$457.4K
$400.2K – $533.6K
NOI $32,015 @ 7.0% cap
Theoretical Best
Warehouse
$849.9K
$743.7K – $991.6K
NOI $59,494 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 80487, CO
18,209
Population
13,231
Households
1.4
Avg Household Size
42
Median Age
57%
College-Educated
97%
High-School Grad
795.8 sq mi
ZIP Area
23
Density / Sq Mi
$106,837
Median Household Income
$50,551
Median Earnings
$1,927
Median Rent
$915,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Mountain Peaks Veterinary Clinic — 690 Marketplace Plaza b3, Steamboat Springs, CO 80487
- Colfer Susan DVM — 102 Anglers Dr, Steamboat Springs, CO 80487
- Pet Kare Clinic — 102 Anglers Dr, Steamboat Springs, CO 80487
Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground-level space includes reception, private rooms, work areas, storage, and two restrooms.
Where is this medical office space located?
The property is located at 505 Anglers Drive Steamboat Springs, CO.
What are key features of this property?
This property features: Up to 2,125 square feet, with division options starting at approximately 1,000 square feet; Ground‑floor suite has front and rear entrances; Layout includes reception and waiting areas, private rooms, work areas, storage, and two restrooms
