1855 Shield DrSteamboat Springs, CO 80487

For Sale
$4,350,000

13,090 SF Retail Building, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 13,090-square-foot retail building in Steamboat Springs, Colorado, presents a compelling investment opportunity. Located at 1855 Shield Dr, this property sits on a 1.76-acre lot and boasts 39 parking spaces, including a covered loading area with a roll-up door. Currently, the building is 100% leased, with iFurnish occupying approximately 84% of the space under a NNN lease, and Interiors with Altitude occupying the remainder. The property benefits from its strategic location in a high-growth area of Steamboat Springs, surrounded by thriving businesses and residential developments, including the Basecamp project, Curve Plaza, and Ace Hardware. The property's industrial zoning allows for a variety of uses, offering significant redevelopment potential. High traffic counts of 24,000 AADT on nearby US 40 and CO 129 further enhance its desirability. Built in 1996, this property offers a blend of existing income and future upside. The asking price is $4,350,000. Detailed financial information is available upon request.

Highlights

  • $4,350,000 asking price for this Steamboat Springs retail property.
  • 13,090 square foot building on a 1.76-acre lot.
  • NNN lease in place with 84% occupancy.
  • 39 parking spaces and covered loading area.
  • Located in a growth area with strong neighboring businesses and high traffic counts.
  • Industrial zoning allows for diverse uses and potential redevelopment.

Property Details for 1855 Shield Dr

Property type
Other retail properties, Retail properties
Square Feet
13,090 SF
Year Built
1996
Lot Size (sq. ft)
76,666 SF

Location Insight

City
Steamboat Springs
County
Routt
State
Colorado
Latitude
40.5004332
Longitude
-106.8575835
1855 Shield Dr, Steamboat Springs, Colorado

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1855 Shield Dr
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