Inda Grimshaw - Coldwell Banker Distinctive Properties
1122 Lincoln Avenue
Steamboat Springs, CO 80487

$11,900,000

Description

Creative and imaginative minds wanted! Rare redevelopment opportunity in the heart of downtown Steamboat, encompassing 11.5 city lots, bordering 12th Street and Oak Street. Six lots have Lincoln Avenue frontage, offering high visibility with great access and exposure. Currently existing on the property are the Western Lodge Motel, a residential duplex and warehouse. Located just one block away from the Yampa River and Bud Werner Memorial Library, with spectacular views of Howelsen Hill and steps from shopping, restaurants, parks, this central location offers an opportunity to create a property that could become a Steamboat icon. Soda Creek running through the property creates an opportunity to bring Steamboats natural elements into a design vision. Some possible development scenarios, subject to approval, could be a new hotel, modern office building with street-level retail space, restaurant and shops, a multi-use building or commercial/residential. www.WesternLodgeForSale.com

Details

MLS#6309388
StyleHospitality
Sub-TypeResale
StatusActive
Year1951
Days On Site268

Features

SQ Feet19,600
Story(s)1
Units3
ZoningCO, RO

Market Activity 80487

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Area Information

StateCO
CountyRoutt
CitySteamboat Springs
Zip Code80487
AreaRoutt
Listing VS Median (in 80487)
Price:
$11,900,000
low | high
Med:
$594,750
100% of Average
SqFt:
19,600
low | high
Med:
1,652
100% of Average
$ / SqFt:
$607
low | high
Med:
$482
70.534231130888% of Average
On Site:
268
low | high
Med:
134.5
100% of Average
Listing Updated: 11/14/2018
MLS Number: 6309388
Listing Provided By:
SUNNY BRSTINA  of  Steamboat Sothebys International Realty
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