www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
5866917
5868389

725 Grand Ave, Glenwood Springs, CO 81601

MM
CO FA100074443
COMPASS
COMPASS
Listed by COMPASS
$4,599,000
1648 days on market
Updated 61 days ago
Opportunity zone

Downtown Mixed-Use

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Restaurant
Square Footage 13,850
Units 16
Cap Rate 7.32%
NOI $336,726
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $332
Broker Co-Op Yes
Class A
Stories 2
Lot Size (SqFt) 5,000
Zoning M1
Investment Type Stabilized
Sale Condition 1031 exchange

Mixed Use | 7.32% CAP | 13,850 SqFt

Marketing description

Introducing an exceptional investment opportunity in the heart of Glenwood Springs, Colorado! Presenting 725 Grand Avenue, a historic downtown commercial building boasting character and charm.

This fully leased property features impossibly high ceilings, rustic brick accents, and a prime location. Spanning a 5,000 SqFt lot, this spacious building offers a basement and two stories above ground. The street level and basement are currently divided between long-standing Glenwood businesses, Sacred Grounds Coffee/Deli, and Dancing Bear Trading Post. Additionally, the upper level, with a history as a former hotel, consists of 14 uniquely styled "apartments." With openings that allow for easy unit reconfiguration and a prime downtown location, 725 Grand Avenue presents an excellent opportunity for entrepreneurs looking to expand their portfolio or developers seeking a prime location for their next project.

Don't miss out on this extraordinary chance to own a piece of Glenwood Springs history!

Listing Contacts

MM
CO FA100074443
COMPASS
COMPASS
Listed by COMPASS

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$336,726.00
$28,060.50/mo

Valuation Metrics

0
DSCR
7.32%
Cap Rate
7.32%
ROI

Map

Zoning

Intelligence Badge
M2 MixedMixed UseMixed Use Central Core
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 110 uses
View all 110 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Mike Mercatoris
License
FA100074443
Brokerage
Compass
Brokerage Phone
9709256063
Brokerage Address
230 East Hopkins Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591