$3,395,000

Previous Price
$3,950,000
Type
Commercial Sale
Sub-Type
Retail
Subdivision
Castle Peak Building
Approx. Sq.Ft.
15,796
MLS #
929740
Status
Active
Parking
Surface Unassigned
Year Built
2003

Property Description

BELOW REPLACEMENT COST - mixed use commercial opportunity located in the heart of Eagle, Colorado. Current occupancy is approximately 85%, offering a long-term investor immediate cash flow; along with lease-up opportunity. There are a number of under market leases expiring creating significant upside. The building is also condominiumized providing an alternate exit strategy in the form of individual condominium sales. Tenants: Silfer Smith & Frampton, Title Company of the Rockies,Axis Sport

Location

County
Eagle
Area
Eagle Ranch

Financial Information

Current Tax Amount
$62,960.20
Transfer Fee
1.000%
Current Tax Year
2016

Interior

Entry Level Master
No
Loft
No
Loft Included in Bed Count
No
Unit Entry Level
Ground/Second Floor
Heating
Forced Air

Cooling
Yes

Exterior

Lot Size
0.0300 Acres (1,307 Sq.Ft.)

Additional Details

Available Utilities
District Sewer
District Water
Electricity
Gas
Phone
Satellite
Listing Date
06/19/17
New Construction
No
Select a Point of Interest and Radius from the form above.

Eagle

The quaint small town of Eagle, home to the county seat, has experienced steady growth over the past decade-plus while managing to maintain its old west charm and build on its easy lifestyle. Founded in 1887 along the Eagle River and located 25 minutes west of Vail at a warmer, lower elevation, the sun almost always shines in Eagle, even when surrounding peaks are blanketed with snow. Paved walkways and bike paths wind their way in and around the historic downtown in this cycle friendly community, which has undergone notable improvements while maintaining original store fronts and architecture from its agricultural and railroad roots. Wide open vistas and mountain peaks dominate your views from nearly every perspective in town. Ample parks and open spaces, an ice rink and pool, playgrounds, special events complex, miles of river frontage and pristine creeks for fly fishing, and the now famous mountain biking and hiking trails that surround town provide endless recreation opportunities. In addition, the town offers a variety of events throughout the year including weekly outdoor summer concerts on Centennial Stage at the Town Park, farmers markets, a fall festival, a holiday parade, summer outdoor sports festival, Eagle Flight Days - the annual summer family fun weekend, and the County Fair and Rodeo. The Eagle Medical Center provides convenient access to all types of care including physical therapy. A variety of retail can be found in Eagle Ranch Village, Downtown, and along the commercial corridor of Chambers Avenue. Properties range from simple historic houses near downtown, condominiums, flats, single family and golf course homes in Eagle Ranch, and large custom homes at Eby Creek, to sprawling ranch estates on the outskirts of town. The Eagle Regional Airport and Jet Center are only minutes west of town. Breathtaking scenery, affordability, convenience, outdoor recreation, and historic charm combine in Eagle.

 

View Community Details

The data relating to real estate for sale on this website comes in part from the Resort Data Exchange program of the Vail Multi List Service Inc. and Mountain Region Multi List Service. Real estate listings belonging to brokerage firms other than Slifer Smith & Frampton Real Estate are marked with the RDX logo or icon. The detailed information about them includes the listing brokers name.

Copyright © 2017 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited.

Listing courtesy of NAI Mountain Commercial

RDX
Property Cart