$1,395,000

1125 Lincoln Avenue

Steamboat Springs CO, 80487

Description

PRICE REDUCED! IN-PLACE CASH FLOW WITH HUGE REDEVELOPMENT POTENTIAL. Only $82.11/SF for the land and $174.38/SF for the building! This opportunity offers an investor flexibility and allows the strong cash flow to offset carrying costs while a new development is planned. Located on a premier corner at 12th Street and Lincoln Ave. Little Toots Park, the Yampa River, and Bud Werner Library are only a stone's throw away. As Steamboat expands to the west, this corner will be the first building you see as you arrive in downtown. Currently listed at the lowest price/SF for both the land and building in downtown Steamboat.

Details

MLS#6075678
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site130

Features

SQ Feet8,000
ZoningCommercial Old Town
Acreage0.39

Market Activity 80487

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Area Information
StateCO
CountyRoutt
CitySteamboat Springs
Zip Code80487
Listing VS Median (in 80487)
Price:
$1,395,000
low | high
Med:
$575,000
100% of Average
SqFt:
8,000
low | high
Med:
0
100% of Average
$ / SqFt:
$174
low | high
Med:
$0
100% of Average
On Site:
130
low | high
Med:
38
100% of Average
Listing Updated: 10/23/2020
Greg Breslau LogoMLS Number: 6075678
Listing Provided By:
Greg Breslau  of  COLORADO GROUP REALTY