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Oddo Building 713 Cooper Ave 4,350 SF 100% Leased Retail Building Glenwood Springs, CO 81601 $1,895,000 ($435.63/SF) 4.50% Cap Rate
Investment Highlights
- One of the best downtown Glenwood Springs locations. The 700 block is where everyone wants to be.
- Exposed brick. Original front steel posts with new glass. Historic look and feel
- Beautiful classic building
Executive Summary
Absolutly one of the best buildings and best locations in downtown Glenwood Springs Colorado on the 700 block of Cooper Avenue. 1/2 block off of 7th Street.
Building works for multiple uses. Currently used upstairs as the Owner's office and office staff and downstairs as retail. Retail tenant would like to stay.
The buildings effective age is 2007 as the owner did an extensive rebuild that year. Beautiful exposed brick. New wood floors. New wiring and plumbing throughout.
New roof and other infracture all in 2007. Rare find in this awsome location.
Building works for multiple uses. Currently used upstairs as the Owner's office and office staff and downstairs as retail. Retail tenant would like to stay.
The buildings effective age is 2007 as the owner did an extensive rebuild that year. Beautiful exposed brick. New wood floors. New wiring and plumbing throughout.
New roof and other infracture all in 2007. Rare find in this awsome location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
C
Year Built/Renovated
1888/2007
Price
$1,895,000
Price Per SF
$435.63
Cap Rate
4.50%
NOI
$85,275
Percent Leased
100%
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.04 AC
Opportunity Zone
Yes
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Homsted
- Retailer
-
99,999 SF
-
$9.99
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Homsted | Retailer | 99,999 SF | $9.99 | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R043014 | Improvements Assessment | $34,020 |
| Land Assessment | $60,930 | Total Assessment | $94,950 |
Property Taxes
Parcel Number
R043014
Land Assessment
$60,930
Improvements Assessment
$34,020
Total Assessment
$94,950
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Oddo Building | 713 Cooper Ave
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