$1,850,000
40833 US-6
Details
Property Type Office
Sub Type Executive Office
Square Footage 3,633
Cap Rate 5.90%
Price per SqFt $509
Class B
Year Built 1983
Year Renovated 2018
Acreage 0.140
Parking Spaces 12 spaces
Parking Per SqFt 3.30
Office | 5.90% CAP | 3,633 SqFt
Marketing description
Very rare Owner/User commercial building being offered for sale in Eagle-Vail, Colorado. Minutes away from Vail ski resort and Beaver Creek ski resort. This freestanding building has 2,500 sf at ground level and 1,133 sf on the second level. Parking is ample with 12 spaces with the ability to add more parking. This building is ideal for an owner/user or ripe for mixed-use development by adding residential on additional floors. Building can be popped top to 35' for much needed housing in Eagle County. A complete re-gut to the studs with all permits completed in 2016. Newer 3 phase electrical with 700amps (to be verified). Newer membrane roof installed in 2017. HVAC system. Full kitchen upstairs and 3 bathrooms total in the building. Generous deck overlooking the mighty Eagle River with lush vegetation perfect for lunch gatherings. Seller Carry available with reasonable rates. Sale Leaseback also available with a proforma cap rate of 5.9%.
SUBDIVISION: EAGLE-VAIL COMM SERVICE CENTER BLOCK: 1 LOT: 1 AND:- LOT: 4 PART OF
New wood siding was installed in 2018 to compliment the timeless flagstone for a fresh modern look. 12 parking spaces. Drive-In door for easy deliveries.
Newly refinished office building with upstairs owners quarters. New electrical panel and new plumbing. Contemporary modern design that would be suitable for service business or retailer.
Investment highlights
- Seller Carry Available with Reasonable Rates
- Sale Leaseback Available with a Proforma Cap Rate of 5.9%
- Ample Parking
- Prestigious locale
- New Plumbing and Electric
Listing Contacts
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