38 Us-6Edwards, CO 81632

For Sale
$1,900,000

High-Yield Retail Condo, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a stabilized retail condo in the vibrant Riverwalk Building, situated at Edwards, CO's busiest intersection (38 US-6, 81632). The property boasts a total of 7,052 square feet, encompassing two first-floor retail condos (4,830 sq ft) and two basement storage units (2,222 sq ft). Currently operating at 100% occupancy with a long-term lease to Smile Doctors, this NNN-leased property offers a secure and consistent income stream. The asking price is $1,900,000, translating to a price per square foot of $269.43. The two-story building features a total of two units within a single building. This turnkey investment is ideal for those seeking a stable, high-return property in a prime Colorado location. The property's strategic location ensures high visibility and foot traffic, maximizing its rental potential. The existing lease provides immediate cash flow, minimizing vacancy risk and offering a strong foundation for future growth. This is a rare opportunity to acquire a well-established, income-producing retail property in a thriving mountain community.

Highlights

  • Exceptional investment opportunity: 7,052 SF stabilized retail condo in Edwards, CO's busiest intersection (US-6 & CO-81632).
  • Two first-floor retail condos (4,830 SF) and two basement storage units (2,222 SF).
  • 100% occupancy with long-term NNN lease to Smile Doctors, generating strong cash flow.
  • Asking price: $1,900,000 ($269.43/SF).
  • Turnkey investment with high visibility and foot traffic in a prime Colorado location.

Property Details for 38 Us-6

Property type
Other retail properties, Multifamily properties
Square Feet
7,052 SF
Buildings
1
Stories
2
Units
2

Location Insight

City
Edwards
County
Eagle
State
Colorado
Latitude
39.643803269691
Longitude
-106.59302925199
38 Us-6, Edwards, Colorado

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38 Us-6
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