1855 Shield Drive is a 100% leased investment property with significant redevelopment potential. Sitting on 1.76 acres, this 13,090 square foot retail building is zoned industrial with big box retail allowed. iFurnish occupies approximately 84% of the space, with a NNN lease in place. Interiors with Altitude occupies the remainder of the space. There is covered loading area with roll-up door at the rear and surface parking for thirty-nine cars. The property is located on the west side of Steamboat in a growth area. Neighbors include the mixed-use Basecamp project with apartments, town homes and commercial space, Curve Plaza with restaurants and retail, Ace Hardware, and a variety of other vibrant business and residential developments. AADT traffic counts on the east side of the nearby intersection of US 40 and CO 129 are 24,000. Industrial zoning allows a variety of uses by right and re-zoning may be possible in conjunction with redevelopment. Please contract listing broker for financials and to arrange showings.
MLS# | S1053054 |
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Listing Type | For Sale |
Building Name | iFurnish/IWA |
Sub-Type | Resale |
Status | Pending |
Year | 1996 |
Days On Site | 213 |
Listing Provided By | The Agency Steamboat Springs | Christopher Sias |
SQ Feet | 13,090 |
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Zoning | Commercial |
Acreage | 1.76 |
State | CO |
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County | Routt |
City | Steamboat Springs |
Zip Code | 80487 |
Area | West Steamboat | US 40 |
Subarea | Unknown |
Community Name | CURVE SUBD |
Listing VS Median (In CURVE SUBD) | |
Price: $4,350,000 low | high Med: $4,350,000 SqFt: 13,090 low | high Med: 13,090 $ / SqFt: $332 low | high Med: $332 On site: 213 low | high Med: 213.000000 |