1850 Lincoln Avenue Bldg , Unit

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Active Steamboat Springs, CO 80487 MLS# 4363249 Listed by Bart Kounovsky on 05/26/2023
$400,000
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Commercial Property Type
Acres
9464.00 Sq Ft
0 Year Built
Commercial Services Zoning

Overview

Sales Price: $400,000 business. The seller owns the property and would be willing to enter into a long-term lease for the property with an option to purchase the property in the future. Great combination of business and property- Russell’s Auto Salon. This current owners have been providing full service auto body and collision repair services to the Yampa Valley since 1990. The long established location has a loyal customer base and has been in operation as an auto body shop since 1958. Since then there have been only three owners of the business. The strong reputation of the company and prime Highway 40 location have allowed the current owners to be very successful. Along with the owners there are 5 employees, who have been with the company from 4 to 21 years. Sales price includes the business and associated real estate. Business is currently open Monday through Friday. Owners will be willing to train new owner as negotiated to ensure a successful transition of the business. Building: Prime Highway 40 location with a 9,494 square foot building on 2 acres and future development possibilities. Commercial Services Zoning. Facilities: The long time and well known location allows for easy access and parking for customers. The building has 12 service bays with overhead doors, 2 paint booths and ample outdoor space for storage. Product Inventory: Included in sales price. Fixtures and Equipment: Included in sales price. Support and Training: Will be provided as negotiated to ensure a successful business transition. Reason for Selling: Retirement.

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Courtesy Of THE COMMERCIAL PROPERTY GROUP, LLC
Source: REcolorado (SSBR)

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
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    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 9,464
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $42.27
    • PSF Finished $
    • PSF Above Grade $
    Use details
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    • Retail Area
    • Warehouse Area
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    Unit Information

    Summary

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    Exterior/Lot Features

    Summary

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    • Number of Doors
    • Number of Storage Units
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    • Ski Features
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    Lot Details​​​​​​​
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    Parking/Garage

    Parking Space Summary

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    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
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    Green Ratings
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    Sewer
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    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
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    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
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    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
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    • Phone
    • Total Annual Fee $0.00
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    • Total Annual Fee $0.00
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    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
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    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
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    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.50%
      • Compensation Offered
      • Dual Variable Compensation No
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      Income details
      • Actual Annual Net Income $
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      Neighborhood

      Summary

      • Building Name
      • Development Name No Defined Development
      • Park Name
      • Senior Community No
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      Zoning Details
      • Current Use
      • Incorporated? No
      • Zoning Commercial Services
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      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType Auto Service
      • Year Established
      History
      • Original List Price $400,000
      Partial Ownership Details
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      • Week Remarks
      • Weeks Available
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