$2,400,000
$3,150,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
1850 Lincoln AVE Steamboat Springs, CO 80487
2 Acres Lot
Key Details
Sold Price $2,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision No Defined Development
MLS Listing ID SS6653227
Sold Date 01/12/24
Year Built 1959
Annual Tax Amount $21,449
Tax Year 2019
Lot Size 2.000 Acres
Acres 2.0
Property Description
Great combination of business and property- Russell’s Auto Salon. This current owners have been providing full service auto body and collision repair services to the Yampa Valley since 1990. The long established location has a loyal customer base and has been in operation as an auto body shop since 1958. Since then there have been only three owners of the business. The strong reputation of the company and prime Highway 40 location have allowed the current owners to be very successful. Along with the owners there are 5 employees, who have been with the company from 4 to 21 years. Sales price includes the business and associated real estate. Business is currently open Monday through Friday. Owners will be willing to train new owner as negotiated to ensure a successful transition of the business.
Sales Price: $3,150,000- includes real estate ($2,750,000) and business ($400,000). Sold together.
Building: Prime Highway 40 location with a 9,494 square foot building on 2 acres and future development possibilities. Commercial Services Zoning.
Facilities: The long time and well known location allows for easy access and parking for customers. The building has 12 service bays with overhead doors, 2 paint booths and ample outdoor space for storage.
Product Inventory: Included in sales price.
Fixtures and Equipment: Included in sales price.
Support and Training: Will be provided as negotiated to ensure a successful business transition.
Reason for Selling: Retirement.
Location
State CO
County Routt
Area West Steamboat / Us 40
Direction Right on HWY 40- Lincoln Avenue
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
Water Access Desc Public
Roof Type Membrane, See Remarks
Present Use Automotive,Unimproved
Building
Sewer Public Sewer
Water Public
Others
Tax ID R3815880
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Bought with THE COMMERCIAL PROPERTY GROUP, LLC