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2500 Village Drive, Steamboat Springs CO (Active)

Price: $4,800,000
MLS #: 8722063
Type: Commercial

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Property Remarks

The Village Center is a four unit, triple net retail property located on a 1.09 acre lot at the base are of the Steamboat Ski Area. This retail property is located at a busy intersection on the free bus route and is easily accessed by walking both from the base area and from lodging properties via the core trail. 48% of Steamboat's lodging units are located within walking distance (less than 300 yards) from the Steamboat Ski Area. Currently leased to both regional and local tenants with a CAP rate of 7%, the parcel is zoned G-1 and has fantastic development potential for a larger, multi-use building. Developers can take advantage of solid cash flow while in the planning stages. Recently acquired by Alterra Mountain Company, the Steamboat Ski Area and surrounding properties are poised to benefit from the marketing strength of a company that includes Aspen, Deer Valley, Mammoth Mountain and Squaw Valley, among others.

Property Details

MLS Number: 8722063
Area: Mountain Area
Type: Commercial
List Price: $4,800,000
Bathrooms: 0.00
Garage Type: 1
Square Feet: 13,541
Year Built:
Condition: N/A
Acres: 1.09

Location Info

Address: 2500 Village Drive
Area: Mountain Area
County: Routt
Development: Ski Trails Subdivision
School: N/A

Interior Features

Appliances: N/A

Exterior Features

Exterior Amenities: Lighting, Professional Landscaping
Extras: N/A
Lot Description: Corner Lot, Near Public Transit, Near Ski Area
View Description: Mountain View, Ski Area

Additional Info

Additional Rights: N/A
Listing Agent: Chris Paoli

Listing courtesy of COLORADO GROUP REALTY

Financial Info

List Price: $4,800,000
Price/Total Sq. Ft: $354
Price/Finished Sq. Ft: $0
Real Property Tax: 38262.16
Real Property Tax Year: 2014
Trade/Exchange: N/A


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