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Property profile & analytics
FOR SALE
Flex space

2754 Downhill Dr Unit A B C Steamboat Springs, CO 80487

Built 1995
Property ID
US13-Q014884
Property summary
AI-generated overview

Rare opportunity to own a versatile three-unit commercial condominium in Steamboat Springs' sought-after Elk River Road Business Park. Comprising Units A, B, and C of the Dover Commercial Building, this 7,195 SF offering sits on a 0.83-acre lot with desirable corner positioning and street frontage o ... n both Downhill Drive and Jacob Circle. Currently configured as one assembled space with connecting doorways, the property delivers exceptional flexibility: the original demising walls remain in place, allowing a buyer to keep the units combined or readily convert them back into three legally separate condominiums to suit owner-occupancy, investment, or a mix of both. Each unit features a full main level plus a second-level mezzanine, with bathrooms on every level and in every unit. The concrete block building offers a built-up flat roof, stucco exterior, thermal windows, central air, gas heat throughout, concrete floors, and a practical vanilla-box interior ready for a buyer's custom finish. Past and current uses have included offices, warehouse, a construction showroom, athletic performance and coaching space, and live-work areasâ??reflecting the broad range of possibilities within the Industrial zone district, where live-work is an allowed use. The location offers easy access from RCR 129, close proximity to downtown Steamboat, ample on-site parking, generous storage, and excellent vehicular circulation. With three separately deeded units, a buyer gains rare configuration options and the ability to occupy, lease, or sell units individually over time. Whether you're an end user seeking to control your own space in a supply-constrained resort market or an investor looking for a flexible, well-located asset, this property presents a compelling value in one of the Yampa Valley's strongest commercial corridors. Properties of this size, flexibility, and location seldom come availableâ??schedule your private showing today.

Property profile
Verified
Property type Flex space
Year built 1995
UPID US13-Q014884
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Advanced Copier Solutions Computer & Electronic Repair
  • Steamboat Athletes Workshop Gym & Fitness Center Alternative Medicine Practice
  • 87 West LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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