Glenwood Springs, CO 81601

Property Description

Investor / Developer Opportunity - Combined Sale of 908 & 910 Blake Avenue A rare opportunity to acquire two adjoining properties in the heart of downtown Glenwood Springs. Offered together, 908 and 910 Blake Avenue present exceptional redevelopment potential in one of the area's most desirable locations. 908 Blake Avenue is currently configured as a duplex, while 910 Blake Avenue is a single-family home situated on the larger of the two parcels. Opportunities to purchase multiple contiguous lots this close to downtown are exceptionally uncommon. This offering is best suited for experienced developers, builders, or investors. Both homes are in very poor condition and require extensive rehabilitation. The properties have substantial deferred maintenance, including significant foundation issues, and should be purchased with the expectation of a major renovation or complete redevelopment. Buyers should perform their own due diligence regarding the condition of the improvements and redevelopment possibilities. Whether the vision is restoring these historic homes or creating a new residential project--such as townhomes, condominiums, or another permitted use (subject to city approvals)--the possibilities are compelling. The true value lies in the location, the combined parcels, and the opportunity to create something exceptional in a highly sought-after downtown setting. Cash or construction financing is strongly recommended. These properties are unlikely to qualify for conventional financing in their current condition.