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.

  • MLS# 8722063
  • Style Retail
  • Sub-Type Resale
  • Status Active
  • Days On Site 168
SQ Feet 13,541
Story(s) 1
Zoning Commercial
Listing Provided By:
Chris Paoli  of  COLORADO GROUP REALTY
 
 
 
 
 
 
 
 
 
 
 
 
this listing $4,800,000
707.06%
$594,750 in 80487
this listing 13,541 SqFt
719.67%
1,652 SqFt in 80487
this listing $354 $/SqFt
26.53%
$482 $/SqFt in 80487
this listing 168 on site
24.91%
134.5 on site in 80487

Location

State CO
County Routt
City Steamboat Springs
Zip Code 80487
Area Routt

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