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602 Cowdin Dr

0.8 Acres of Commercial Land Offered at $1,550,000 in Glenwood Springs, CO 81601

Investment Highlights

  • River Frontage
  • High Density Residential Zoning
  • Walking Distance to Downtown

Executive Summary

Incredible multi-family lot located at the confluence of the Roaring Fork and Colorado Rivers. Zoning allows for up to 14 residential units and seller can provide extensive due diligence items for review including soils reports, traffic studies, arborist report, and extensive topographic survey. Utility providers have confirmed ability to serve 14 units with electric, gas, water, and sewer services. Located within walking distance to downtown, Red Mountain, and directly across the river from the city's future confluence project. Opportunities to develop multifamily on the river, within walking distance to restaurants and shopping do not come up often and this one will not last long.

Property Facts

Price $1,550,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.80 AC

1 Lot Available

Lot

Price $1,550,000
Price Per AC $1,937,500
Lot Size 0.80 AC

Incredible multi-family lot located at the confluence of the Roaring Fork and Colorado Rivers.

Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code High Density Residential (Lot size allows for 14 units)
High Density Residential (Lot size allows for 14 units)
  • Listing ID: 30937986

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 602 Cowdin Dr, Glenwood Springs, CO 81601

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