$550,000
Winter Park, CO 80482
MLS# 23-223
Status: Closed

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Property Description
For Sale: Lower Level 12,144 sq/ft Retail Condo in Shell Condition with approved plans for 5 residential units. This space is ideally suited for a variety of uses such as a workforce housing or apartments with the current approved plans, a commercial laundry with storage, and many other retail uses. The lower level has undergone significant demo work, totaling approximately $500k in water/sewer in-ground plumbing, structural reinforcement, concrete, backfill, and plans. All building plans for apartments/condos are included in the sale. Entry to new units from an internal hallway at ground level as depicted in the plans or via stairs from the upper floor A buyer may also acquire the two adjacent income producing suites in the lower level. Seller financing available
Details
Maps
Documents
Contract Information
Current Price: $550,000
Transaction Type: Income Commercial
Book Section: Income/Commercial/Ranch
Status: Closed
Begin Date: 2023-03-31
Sold Date: 2025-07-22
Sold Price: $550,000
Under Contract Date: 2025-05-09
Lease Term: None
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 67.93
Sold Price Per SqFt: 45.29
Location Legal and Taxes
Area: Winter Park Area
House Number: 78415
Street Name: US HWY 40
County: Grand
State/Province: CO
Postal Code: 80482
Tax Year: 2023
Subdivision: WINTER PARK
General Property Description
Realtor.COM Type: Commercial
Finished SqFt: 12144
Year Built: 2022
Style: NOT APPLICABLE
Lot Size: NA
Garage Type: None
Miscellaneous
Minimum Earnest $: 50000
Sales Transfer Tax: Yes
Water Source
Community: n/a
Public: Tap Paid
Well: n/a
Sewer Source
Community: n/a
Public: Tap Paid
Septic: n/a
Utilities
Cable TV: Avail but no Connect
Electric: Avail but no Connect
Natural Gas: Avail but no Connect
Telephone: Avail but no Connect
Property Features
Lease Type: None
Access Road Maintain: County
Construction: Brick; Concrete
Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry; Terms Acpt to Seller
Possible Usage: Accommodations; Business; Commercial; Multi-Family; Residential
Supplements
A buyer may also acquire the two adjacent income producing suites in the lower level.
Seller financing may be available WAC
Listing Office: Re/Max Peak to Peak
Last Updated: July - 22 - 2025
Information deemed reliable but not guaranteed.
Apartment Plan