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    1600 Pine Grove

    Steamboat Springs, CO 80487
    • $2,100,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 6544853
    $2,100,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $497
      $/SQFT
    Type:
    Commercial
    Built:
    1998
    County:

    School Ratings & Info

    Offered by Colorado Group Realty.

    Description

    High quality building with strong leases. Located near Central Park Plaza, UC Health and Barn Village, 1600 Pine Grove presents a compelling opportunity for the investor looking to secure a high quality asset with strong tenants. Anchored by the Yampa Valley Women's Clinic, which occupies the second floor, and Edward Jones on the first floor, the building has strong income and reliable tenants. An additional half of the first floor is currently rented as individual offices/suites, but may be consolidated for a single user or to provide space for a buyer seeking to own their own offices and the income from the other tenants. Designed by Joe Patrick Robbins, the building features large exterior porches and attractive finishes. The downstairs interior was recently remodeled, and the office/suite area features a kitchenette, restroom and several suites with sinks installed. The building is ADA compliant with an elevator servicing the second floor, and has a basement for storage and easy access to the mechanical systems. The spacious lot has views of the historic barn and Steamboat Ski Area, as well as having room for a potential building expansion. There is ample parking as well. All lease information included in the listing is believed to be correct but should be verified by the buyer. Leases available to qualified buyers on execution of a confidentiality agreement. CAP rate calculation is based on current rents and there is upside potential based on lease renewals and bringing the office/suites to full market rent.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    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 Arnie Stein Team | RE/MAX Masters Millennium 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.arniesteinteam.com/homes/116624463
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    1600 Pine Grove Steamboat Springs, CO 80487

    • Price: $2,100,000
    • Status: Active
    • ID#: 6544853
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    4,224
    SQFT
    $497
    $/SQFT
    1998
    Built
    County:
    Routt
    Area:
    Steamboat Springs
    Property Description
    High quality building with strong leases. Located near Central Park Plaza, UC Health and Barn Village, 1600 Pine Grove presents a compelling opportunity for the investor looking to secure a high quality asset with strong tenants. Anchored by the Yampa Valley Women's Clinic, which occupies the second floor, and Edward Jones on the first floor, the building has strong income and reliable tenants. An additional half of the first floor is currently rented as individual offices/suites, but may be consolidated for a single user or to provide space for a buyer seeking to own their own offices and the income from the other tenants. Designed by Joe Patrick Robbins, the building features large exterior porches and attractive finishes. The downstairs interior was recently remodeled, and the office/suite area features a kitchenette, restroom and several suites with sinks installed. The building is ADA compliant with an elevator servicing the second floor, and has a basement for storage and easy access to the mechanical systems. The spacious lot has views of the historic barn and Steamboat Ski Area, as well as having room for a potential building expansion. There is ample parking as well. All lease information included in the listing is believed to be correct but should be verified by the buyer. Leases available to qualified buyers on execution of a confidentiality agreement. CAP rate calculation is based on current rents and there is upside potential based on lease renewals and bringing the office/suites to full market rent.
    Exterior Features

    Architectural Style Detached Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Near Public Transit Lot Size Area 0.57 Lot Size Square Feet 24829 Parking Total 16 Road Frontage Type Public Road Road Surface Type Paved

    Interior Features

    Levels Two

    Property Features

    Electric 110 Volts Exclusions All Personal Property And Business Fixtures Belonging To The Tenants. Property Sub Type Office Sewer Community/Coop Sewer Tax Annual Amount 17412 Tax Year 2020 Utilities Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer Connected Water Source Public Zoning Community Commercial

    Listing courtesy of Colorado Group Realty: MLS #6544853


    Licensed in the State of Colorado, USA

    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 Arnie Stein Team | RE/MAX Masters Millennium 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
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    Arnie Stein Team | RE/MAX Masters Millennium
    6020 Greenwood Plaza Blvd #100
    Greenwood Village CO, 80111
    Offered by Colorado Group Realty.