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Klug Properties
3637 Highway 82, Glenwood Springs, CO 81601 - Photo 1

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3637 Highway 82

Glenwood Springs, CO 81601

0Baths15,467Sq Ft2.20Acres

3637 Highway 82

Glenwood Springs, CO 81601

0

Baths

15,467

Sq Ft

2.20

Acres

$1,695,000

About This Property

2.2 acres of land located along Highway 82 on the Aspen side of Glenwood Springs. Permits are ready with plans and approvals included for a Z-Group Architects designed 54-unit apartment complex comprised of 11 one-bedroom units, 37 two-bedroom units and 6 three-bedroom units. Proposed gross square footage of new building one is 32,384 (including basement storage of 2,712 SF) and 32,479 (including basement storage of 3,606 SF) for building two. Average one-bedroom unit sizes are about 560 SF, two-bedroom units about 885 SF, and three-bedroom units about 1,180 SF. The property is located on County Road 154, which is the back way to Glenwood, an alternative to the downtown congestion. The bike path also runs in front of the property to Glenwood, Aspen and beyond.A stop light intersection makes for easy access to Highway 82. Water and sewer are city owned municipally run systems, and irrigation water helps reduce the water bill throughout the summer. The land slopes downhill from the highway towards the Roaring Fork River below, reducing highway noise. The site is gently sloping, which is easier to build and maintain. It is a safe and quiet neighborhood, and only about 1.5 miles from the retail services of Glenwood including Wal-Mart. The former Buffalo Valley Restaurant and meeting space along with six rental apartments and eight hotel rooms currently occupy the property that are currently 100% rented. Enjoy faster access to Aspen and the Roaring Fork Valley being located south of Glenwood Springs. This is a great development opportunity that is ready to get started. www.BuffaloValleyGlenwood.com A stop light intersection makes for easy access to Highway 82. Water and sewer are city owned municipally run systems, and irrigation water helps reduce the water bill throughout the summer. The land slopes downhill from the highway towards the Roaring Fork River below, reducing highway noise. The site is gently sloping, which is easier to build and maintain. It is a safe and quiet neighborhood, and only about 1.5 miles from the retail services of Glenwood including Wal-Mart. The former Buffalo Valley Restaurant and meeting space along with six rental apartments and eight hotel rooms currently occupy the property that are currently 100% rented. Enjoy faster access to Aspen and the Roaring Fork Valley being located south of Glenwood Springs. This is a great development opportunity that is ready to get started. www.BuffaloValleyGlenwood.com

Property Details

0

Bathrooms

15,467

Square Feet

2.20 Acres

Lot Size

1958

Year Built

Commercial

Property Type

MLS #150049
StatusSold
NeighborhoodNone
Days on Market3251
Listed7/10/2017
Chris Klug

Listing Agent

Chris Klug

Real Estate Broker

Inquire About This Property

Location

3637 Highway 82, Glenwood Springs, CO 81601 81601

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Inquire About This Property

Chris Klug

Listing Agent

Chris Klug

Real Estate Broker

All inquiries are handled with the utmost discretion and confidentiality.