Listing Courtesy of: (970) 429-4255 - Chris Flynn - The Agency Aspen
970-429-4255
$2,400,000
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23 Mel Rey Road Glenwood Springs, CO 81601
General Commercial
Residence
Beds
Baths
2,120
Sq. Ft.
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Income, Lease, Develop. Great investment opportunity in West Glenwood with high visibility and remodel complete in spring of 2021. Lease in place with tenant occupying approximately fifty percent of the building with a 10 year lease. Ability to lease the remaining portion or owner occupy. In addi...tion, included in the purchase price is the adjacent lot with the ability to develop additional income.
Projected NOI ~$150k**
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MLS#
177449
Property Type
General Commercial
Year Built
1965
Square Feet
2,120
sq. ft
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