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$2,500,000 New to Website
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Property Description
Great investment opportunity in West Glenwood with high visibility on the West Glenwood roundabout. It is fully leased, with fuels services and two food trucks occupying a portion of the vacant lot. In addition, included in the purchase price is the adjacent lot with the ability to develop additional income. Approximate NOI ~$160k (not including fuel sales)
Full Property Details
Full Property Details for 23 Mel Rey Rd
General
- Price: $2,500,000
- Taxes: $9,707 (2020)
- Status: Active
- Type: Commercial
- Source: 106
- MLS ID: 193775
- Updated: 7/13/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Yes
Location
- Area: Glenwood Springs
- County: Garfield
- Subdivision: None
- Driving Directions: Off of I-70 West, go to the roundabout and take the second right. Property will be on the left.
Utilities
- Water: Public
Structural Information
- Exterior Const.: Concrete, Block, Steel Frame, Brick
- Roof: Membrane
- Square Feet: 2,120
- Year Built: 1965
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,256
- Lot Features: Corner Lot
- Zoning: M1- Mixed Use
Financial Considerations
- Tax Amount: $9,707.48
- Tax Year: 2020
- Terms: Cash
Disclosures and Reports
- Legal Description: Section: 6 Township: 6 Range: 89 Subdivision: MEL-RAY SUB. Block: 4 Lot: 6, Subdivision: MEL-RAY SUB. Lot: 7 S 50' OF E
- Property ID: 218506104005
Listed by The Agency Aspen, Chris Flynn
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Schools
Schools serving 23 Mel Rey Rd
School District:Roaring Fork School District Re-1
| Name | Grades | Distance |
|---|---|---|
Glenwood Springs Elementary School 915 School Street, Glenwood Springs, CO 81602 | PK-5 | 2.1 mi |
Glenwood Springs Middle School 120 Soccer Field Road, Glenwood Springs, CO 81601 | 6-8 | 0.2 mi |
Glenwood Springs High School 1521 Grand Avenue, Glenwood Springs, CO 81601 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Mel Rey Rd
Date
Details
Price
Change
Source
7/13/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Mel Rey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,268
—
$341,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23 Mel Rey Rd
23 Mel Rey Road, Glenwood Springs, CO 81601 (MLS# 193775) is a Commercial property. 23 Mel Rey Road is currently listed for $2,500,000 and was received on July 13, 2026. Want to learn more about 23 Mel Rey Road? Do you have questions about finding other Commercial real estate for sale in Glenwood Springs? You can browse all Glenwood Springs real estate or contact a Coldwell Banker agent to request more information.

