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601 Lincoln St - 601 Lincoln Ave C3

720 SF Office Condo Unit Offered at $907,181 CAD in Steamboat Springs, CO 80487

Investment Highlights

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

Property Facts

Price $907,181 CAD
Unit Size 720 SF
No. Units 1
Total Building Size 6,612 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Sale Type Investment NNN
Building Class B
Floors 2
Typical Floor Size 5,917 SF
Year Built 2007
Lot Size 0.49 AC
Parking Ratio 1.9/1,000 SF

1 Unit Available

Unit C%

Unit Size 720 SF
Price $907,181 CAD
Price Per SF $1,259.97 CAD
Condo Use Office
Sale Type Investment
Cap Rate 5.00%
NOI $45,359.04 CAD
APN/Parcel ID 283701605
Description

Downtown 1st Floor Condo on 6th Street Between Lincoln Avenue and Yampa Street.  Shared restrooms, snow-melted sidewalk.  HOA maintained building.

Sale Notes

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.

Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Air Conditioning

Nearby Major Retailers

Natural Grocers
Wells Fargo Home Mortgage

zoning

Zoning Code Comm (Commercial)
Comm (Commercial)
  • Listing ID: 32957334

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 601 Lincoln St, Steamboat Springs, CO 80487

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