29 Second Street C-103, Edwards, CO 81632 (MLS# 1010378)

29 Second Street C-103, Edwards, CO 81632

$1,950,000
Property Type: Commercial Sale Square Footage: 3,714 Lot Size (sq. ft.): 4,051 Status: Closed
Current Price: $1,950,000 List Date: 9/20/2024 Last Modified: 12/26/2024

Description

Attention Investors! Unique and Rare Ground Floor retail space of over 3700 sq ft in the Riverwalk at Edwards! This prime corner location is the home to one of the Vail Valley's most successful business tenants for the past 30 years. This incredibly well-located ground-level commercial retail space unit consists of 3 condominium units and is situated on the corner of 2nd and Main Street. This centrally located space features high ceilings and windows that wrap around the Eastern and Northern exterior that allows for ample natural light to fill the space. The property is easily accessed from both US-6 and Edwards Access Road and offers parking directly in front as well as a parking garage directly below, providing convenient access for both employees and customers. Riverwalk at Edwards is a highly desirable and prominent retail/office development located in the heart of Edwards's commercial core, and is just minutes from Arrowhead and Beaver Creek Resort. Riverwalk is home to a multitude of boutique shops, over 20 restaurants, business services, activities, a hotel, movie theater, grocery store, and 120 residential units. The center is a hub of commercial activity for Edwards, as well as the entire mid-valley area. This listing is for the Real Estate Only, the existing successful business is also for sale.

More Information MLS# 1010378

Location Info

Unit #: C-103 Area: Riverwalk Complex/Subdivision: Riverwalk Crystal Building Property Subtype: Retail Street #: 29 Street Name: Second Street Suffix: Street County: Eagle State/Province: CO Zip Code: 81632

Keywords Info

Year Built Effective: 1996 Lot Size Square Feet: 4051 Finished Square Feet: 3714 Sq Ft Source: County/Gov't Association YN: Yes Year Built: 1996 Lot Size Acres: 0.09 Lot Size Source: County/Gov't Total SqFt: 3714

Listing Info

List Price/SqFt: 565.43 Listing Price: 2100000 Current Price: $1,950,000 Status: Closed Listing Date: 2024-09-20

General Info

Construction Status: Complete Schedule Number: R044228 Metro District: No # Of Levels in Unit: 1 Entry Location: 1 Furnished: Unfurnished Garage: No Freight Elevator: No Mineral Rights: No Passenger Elevator: No Water Rights: No Ground Lease: No Loading Area: Door Parcel Number: 210505422019 Zoning Code: Commercial

Financing Info

Transfer Tax %: 0 Transfer Fee %: 1 Title Company: Land Title Current Tax Amount: 23165.92 Current Tax Year: 2023

Status Change Info

Sold Price/SqFt: 525.04 Seller Concessions: No Status Change Date: 2024-12-26 Under Contract Date: 2024-11-20 Sold Date: 2024-12-26 Sold Price: $1,950,000 Original List Price: 2100000

Lease Type

NNN: 1

Development Status

Completed: 1

Distressed Property

None: 1

Utilities Available

Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Sewer Connected: 1 Snow Removal: 1 Trash: 1 Water Available: 1 See Remarks: 1

Documents

Association Documents: 1

Utility Expenses

Water/Sewer included in HOA: Yes

Geological Info

None Known: 1

Heating

Natural Gas: 1

Water Source

Public: 1

Construction

Frame: 1

Foundation

Poured in Place: 1

Roof

See Remarks: 1

Association/HOA Fees

Association/HOA Fee: 2957.54 Association/HOA Fee Frequency: Monthly

Electric Service

220 Volts: 1 See Remarks: 1

Association/HOA Fee Includes

Common Area Maintenance: 1 Heat/AC: 1 Insurance: 1 Landscaping: 1 Management: 1 Sewer: 1 Trash: 1

Terms

1031 Exchange: 1 Cash: 1 New Loan: 1

Possession

Subject to Lease: 1

Assessments

See Remarks: 1

Parking

See Remarks: 1

Lease Term

Other: 1

Property Features

Lease Type: NNN Development Status: Completed Distressed Property: None Utilities Available: Natural Gas Available; Phone Available; Sewer Available; Sewer Connected; Snow Removal; Trash; Water Available; See Remarks Heating: Natural Gas Water Source: Public Construction: Frame Foundation: Poured in Place Roof: See Remarks Geological Info: None Known Electric Service: 220 Volts; See Remarks Documents: Association Documents Assessments: See Remarks Parking: See Remarks Possession: Subject to Lease Lease Term: Other Terms: 1031 Exchange; Cash; New Loan
Listing Office: Beveridge Real Estate
IDX
Last Updated: December - 26 - 2024
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