1855 Shield Drive is a 100% leased investment property with significant redevelopment potential. Sitting on 1.76 acres, this 13,090 square foot retail building is zoned industrial with big box retail allowed.
iFurnish occupies approximately 84% of the space, with a NNN lease in place. Interiors with Altitude occupies the remainder of the space. There is covered loading area with roll-up door at the rear and surface parking for thirty-nine cars.
The property is located on the west side of Steamboat in a growth area. Neighbors include the mixed-use Basecamp project with apartments, town homes and commercial space, Curve Plaza with restaurants and retail, Ace Hardware, and a variety of other vibrant business and residential developments. AADT traffic counts on the east side of the nearby intersection of US 40 and CO 129 are 24,000.
Industrial zoning allows a variety of uses by right and re-zoning may be possible in conjunction with redevelopment.
Please contract listing broker for financials and to arrange showings.
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Main Information
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County: Routt
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Property Type: Commercial Sale
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Property Subtype:
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Built: 1996
Exterior Features
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Approximate Lot SqFt: 76665.60
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Roof: Metal
Interior Features
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Heating: Central, Hot Water
Location Information
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Area: West Steamboat / US 40
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Legal Description: LOT 4 BLK 3 CURVE SUBD
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Lot Number: 4
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Parcel Number: R6818049
Additional
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Available Utilities: Electricity Available, Natural Gas Available, Sewer Connected
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Days on Market: 45
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Zoning Code: Commercial
Financial Details
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Current Tax Amount: $18,223.04
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Current Tax Year: 2023
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Possession: Delivery Of Deed