78415 US HWY 40, Winter Park, CO 80482 (MLS# 20-567)


$2,595,000
78415 US HWY 40
Winter Park, CO 80482
MLS# 20-567
Status: Closed
8.5 baths  |  32221 sqft


78415 US HWY 40, Winter Park, CO 80482
  1 / 39  
78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482 78415 US HWY 40, Winter Park, CO 80482

Property Description
Value Added Opportunity in a Commercial Building in highly visible location in Downtown Winter Park. Home to many shops, office locations, Conoco Stop & Save located here. Many shops on main level, nightclub in lower level with previous movie theatre space which has possibilities for a conference space or live theater! A must see w/ large suites of office space in upper level as well. Great opportunity for the right owner operator who wants a business in the same complex that their business is located.

Details
Maps
Documents
Contract Information
Current Price: $2,595,000
Book Section: Income/Commercial/Ranch
Status: Closed
Begin Date: 2020-05-26
Sold Date: 2020-12-31
Sold Price: $2,595,000
Under Contract Date: 2020-10-16
Percent Ownership: Full
BB Comm: 3
BB Comm Type: %
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 84.44
Sold Price Per SqFt: 84.4479
Location, Legal and Taxes
Area: Winter Park Area
House Number: 78415
Street Name: US HWY 40
County: Grand
State/Province: CO
Postal Code: 80482
Parcel Number: 158728338006
Association Y/N: No
Taxes: 553.68
Tax Year: 2019
Tax Schedule #: P137360
Subdivision: METES AND BOUNDS
Legal: Subd: KARPEN SUBDIVISION Tract: 4 PERSONAL PROPERTY IN BUSINESS
FIRPTA (Foreign Investment in Real Property Act): No
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 32221
Finished SqFt: 30729
Year Built: 1978
Year Built Remarks: Finished in 1979
Style: Three Story
Lot Size: 1.470 acres
Acres: 1.47
Total Bathrooms: 8.5
Garage Type: None
Remarks
Book Msg 2: *** PRICE REDUCED ***
Miscellaneous
Minimum Earnest $: 100,000.00
Sales Transfer Tax: Yes
Earnest Check To: Title Company
Water Source
Community: Tap Paid
Public: Tap Paid
Well: n/a
Sewer Source
Community: Tap Paid
Public: Tap Paid
Septic: n/a
Utilities
Electric: Connected
Natural Gas: Connected
Telephone: Connected
Heat: Natural Gas
Construction
Construction: Frame
Schools
Elementary School: Fraser
High School: Middle Park
Jr High School: East Grand
Special Listing Conditions
Real Estate Owned: No
Property Features
Access Road Maintain: HOA
Supplements
The complex has a diverse group of tenants with an excellent downtown Winter Park Location. The building is located in the center of downtown Winter Park with a multi million dollar development just completed adjacent to this complex to the North. This complex is in walking distance to hundreds of condominiums,townhomes and homes located in downtown Winter Park. There is a Transit bus stop located in the front of the building, many restaurants, shops, bar/ nightclub located in the lower level and even on old theatre space. This is a Value added opportunity for the right buyer owner or investor who can see the vision of this property going into the future! A little "face lift" and "dress up" and this property can have lasting value into the future with the location the land value alone is worth $2 million based on recent comparable sales of vacant land in downtown Winter Park over the last 18 months. Don't miss this one, give me a call to schedule an appointment to see the property. Contact me for income and expense statement. There is theatre space with approximately 200+- seats which has concession stand, restrooms and projection both. Could be rented for old or current movies as well and speaker meeting space. Also, upper level office space with several private offices as well as larger rooms for operation desks. Great for many types of business needs. Photos included on both spaces herein.

Listing Office: Clifford Anderson, Independent Broker

Last Updated: January - 02 - 2021

78415 US HWY 40, Winter Park, CO 80482 - MLS# 20-567
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.