38 Us-6 Edwards, CO 81632
This exceptional investment opportunity presents a stabilized retail condo in the vibrant Riverwalk Building, situated at Edwards, CO's busiest intersection (38 US-6, 81632). The property boasts a total of 7,052 square feet, encompassing two first-floor retail condos (4,830 sq ft) and two basement storage units (2,222 sq ft). Currently operating at 100% occupancy with a long-term lease to Smile Doctors, this NNN-leased property offers a secure and consistent income stream. The asking price is $1,900,000, translating to a price per square foot of $269.43. The two-story building features a total of two units within a single building. This turnkey investment is ideal for those seeking a stable, high-return property in a prime Colorado location. The property's strategic location ensures high visibility and foot traffic, maximizing its rental potential. The existing lease provides immediate cash flow, minimizing vacancy risk and offering a strong foundation for future growth. This is a rare opportunity to acquire a well-established, income-producing retail property in a thriving mountain community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.