601 Lincoln St - Storefront Retail/Office CONDO FOR SALE


Steamboat Springs, CO 80487
$640,000 USD
310-344-5458
601 Lincoln St, Steamboat Springs, CO for Sale
$640,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/9
null | 5% Cap Rate

601 Lincoln St
Steamboat Springs, CO 80487


HIGHLIGHTS

  • Downtown Location
  • Credit Tenant
  • Newer Building with Active Management

OVERVIEW

Rare downtown office space with income. This commercial condominium in the downtown core fronts 6th Street between Lincoln Avenue and Yampa Street. AlpenGlow is professionally managed and commercial units benefit from shared restrooms, snow-melted sidewalks and professional maintenance of building systems. Edward Jones has occupied this office space for many years, and the NNN lease is directly with corporate, offering quality credit and predictability. Office use requires a CUP, currently in place, and retail is a use by right for the future. This property offers strong cash flow in high quality building benefiting from a central location in the vibrant downtown. Financials are available to qualified buyers upon completion of non-disclosure agreement.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$889 USD /SF

CAP RATE

5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

601 Lincoln Ave C3

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

6,612 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

Comm

APN/PARCEL ID

R3775591

ASK ABOUT THIS PROPERTY

Chris SiasThe Agency Steamboat SpringsMore Info
310-344-5458

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Chris SiasThe Agency Steamboat SpringsMore Info
310-344-5458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.