2754 Downhill Dr, Steamboat Springs

$899,000

0 Beds
2 Baths
7,195 Sqft
0 Acres
0 Garages

Sale and Leaseback Opportunity. Truly a hands off investment and excellent revenue generating property. This investment consists of 3 of the 5 total condos in the Dover Building. West of downtown Steamboat, this location offers good visibility in high traffic area. Total of 7,195 SF, one solid tenant in place with ample parking. Competitive market rent in place with tremendous upside potential. Cash flows at 7.5% cap rate with lease in place. Main level is home to a functional training facility and a health and nutrition bar along with two restrooms, two overhead doors and several windows with great sunlight. On the mezzanine level there are three finished offices, approximately 1,000 SF of flexible open area and additional storage space. Seller maintains excellent exterior improvements. Keep current tenant in place for a hands off, income producing investment. Tenant manages all expenses and HOA. Excellent option for your 1031 exchange client or part time resident.

Status: Active

Metrolist Services Inc (Colorado) Logo COLORADO GROUP REALTY.

Essential Information
MLS® #8412708
Price$899,000
Bathrooms2.00
Square Footage7,195
Acres0.00
Year Built1995
TypeIncome
Sub-TypeCommercial
StyleMulti-Story
StatusActive
FeaturesCorner Lot
Community Information
Address2754 Downhill Dr
AreaElk River Area
SubdivisionNo Defined Development
CitySteamboat Springs
CountyRoutt
StateCO
Zip Code80487
Amenities
Parking Spaces25
ParkingParking Lot
ViewMountain View
Interior Features

Double Pane Windows, Drive Indoors, Exercise Room, Showroom Area

Heating

Baseboard, Hot Water, Space Heater

Cooling

Ceiling Fan, Evaporative Cooler (Swamp)

Exterior
Lot Description0.00
WindowsDouble Pane Windows
RoofOther
ConstructionBlock, Structural Steel
Exterior Features

Heated Gutters, Lighting, Professional Landscaping

Additional Information
ZoningCommercial
Listing Details
Metrolist Services Inc (Colorado) LogoCOLORADO GROUP REALTY
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 2754 Downhill Dr, Steamboat Springs, CO

Photo of Listing #8967391

1724 Ski Time Square Dr, Steamboat Springs

$900,000 - 3,290 Sf

MLS® # 8967391

Metrolist Services Inc (Colorado) Logo COLORADO GROUP REALTY Status: Active
Photo of Listing #4759768

1724 Ski Time Square Dr, Steamboat Springs

$975,000 - 2,960 Sf

MLS® # 4759768

Metrolist Services Inc (Colorado) Logo COLORADO GROUP REALTY Status: Active
Photo of Listing #6267673

1875 Ski Time Square Dr, Steamboat Springs

$750,000 - 1,430 Sf

MLS® # 6267673

Metrolist Services Inc (Colorado) Logo COLORADO GROUP REALTY Status: Active

Metrolist Services Inc (Colorado) Logo Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Steamboat | Sotheby's International Realty are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2019 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on February 21st, 2019 at 8:34am MST.

Sign up for email updates