38 Us-6 Edwards, CO 81632
- Retail properties
- 7,052 SF
Current Use by Public Records
- Retail properties
Property Details for 38 Us-6
- Property size
- 7,052 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edwards
- County
- Eagle
- State
- Colorado
- Longitude
- -106.593
- Latitude
- 39.6438
