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1625 Mid Valley Dr
3,016 SF Retail Unit Offered at £1,134,553 in Steamboat Springs, CO 80487
Executive Summary
A great opportunity to own a passive income property in Steamboat Springs, CO. This property is close-in to the Steamboat Ski area. This end cap space features over 3000 sf with 5 assigned parking space that can accommodate up to 7 vehicles. The first floor is built out as a retail space with finished walls, ceilings, flooring and bath and is currently used as a commercial laundry facility. The upper level is finished as office space with kitchenette and access to the mezzanine. This retail condo has a desirable garage that has an overhead door and access from the main level.
Property Facts
| Price | £1,134,553 | Building Class | C |
| Unit Size | 3,016 SF | Number of Floors | 2 |
| No. Units | 1 | Typical Floor Size | 1,508 SF |
| Total Building Size | 3,016 SF | Year Built | 1996 |
| Property Type | Retail (Unit) | Lot Size | 2.33 AC |
| Property Subtype | Storefront | Parking Ratio | 2.32/1,000 SF |
| Sale Type | Investment or Owner User |
| Price | £1,134,553 |
| Unit Size | 3,016 SF |
| No. Units | 1 |
| Total Building Size | 3,016 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Number of Floors | 2 |
| Typical Floor Size | 1,508 SF |
| Year Built | 1996 |
| Lot Size | 2.33 AC |
| Parking Ratio | 2.32/1,000 SF |
1 Unit Available
Unit 1
| Unit Size | 3,016 SF | Net Initial Yield | 6.00% |
| Price | £1,134,553 | NOI | £68,073.15 |
| Price Per SF | £376.18 | No. Parking Spaces | 5 |
| Unit Use | Retail | APN/Parcel ID | 225601001 |
| Sale Type | Investment or Owner User |
| Unit Size | 3,016 SF |
| Price | £1,134,553 |
| Price Per SF | £376.18 |
| Unit Use | Retail |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 6.00% |
| NOI | £68,073.15 |
| No. Parking Spaces | 5 |
| APN/Parcel ID | 225601001 |
Description
A great passive income opportunity in a commercial property located in the desirable Mid Valley Business Center.
This end cap space features over 3000 sf with 5 assigned parking spaces that will accommodate parking for 7 vehicles. The first floor is built out as a finished retail space and is currently set up as a commercial laundry facility. The upper level is finished as office space with kitchenette. This retail condo has a garage in the rear of the building with overhead door and a second floor mezzanine. The owner is the current tenant of the building and is open to staying as a tenant or relocating if a new owner wanted to occupy the space.
Sale Notes
Prime investment or owner use property. The lease is a NNN lease.
Amenities
- Bus Route
- Mezzanine
Nearby Major Retailers
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
Presented by
Steamboat Mountain Real Estate
1625 Mid Valley Dr
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