1629 Dolores Way, Carbondale, CO

Others for Sale - $4,495,000 - 11,128 Sq. Ft.


Agent Info

Scott Lupow
Coldwell Banker Mason Morse

Property Info

CIMLS#1120410
Location
  1629 Dolores Way
  Carbondale CO 81623
UpdatedOctober 22nd, 2022
TypeOthers
Price$4,495,000
Building11,128 Sq. Ft.

Property Description

1629 Dolores Way is a 32,539 square foot lot with an existing 11030 square foot 1-story commercial building. The property is located in Carbondale, strategically located adjacent to the regional Bus Rapid Transit Park and Ride. Downtown Carbondales commercial center is one mile to the southwest. Access to Hwy 82 that extends the length of the Roaring Fork Valley from Aspen to Glenwood Springs is less than a half mile to the north. The existing building is leased to 5 commercial tenants and is fully occupied. Tenants are signed to triple net leases, which includes property taxes, insurance, and utilities. City entitlements and plans in place to build a second story above the existing commercial space would add a total of 8 apartments, 1 ADU, and 1 office.The total net leasable square footage would increase from 6,594 sf to 18,935sf


Financials


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