1901 Grand Ave | Glenwood Springs, CO 81601
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1901 Grand Ave
Glenwood Springs, CO 81601
U.S. Bank Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Standalone office building centrally located in Glenwood Springs on a 1.81-acre parcel with 49 parking spaces
- Brand new lease with the Seller for 4,098 SF on the ground level at $27/SF/YR Gross
- Seller is rated as Investment Grade (A+) by Fitch Ratings
- 41% of the building is currently leased, 61% leased at closing
- Situated on State Highway 82 with AADT of 27,648 vehicles
- RFTA stop next door providing transportation throughout the Roaring Fork Valley and as far west as Rifle
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
20,330 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
1.81 AC
Zoning
Mixed Use Corridor - M-U-C
Parking
100 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
469’ on Grand Avenue
PROPERTY TAXES
| Parcel Number | R311988 | Improvements Assessment | $589,830 |
| Land Assessment | $571,930 | Total Assessment | $1,161,760 |
PROPERTY TAXES
Parcel Number
R311988
Land Assessment
$571,930
Improvements Assessment
$589,830
Total Assessment
$1,161,760
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