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Grand Retail Space and Copper Ridge Industrial Condo Sold

Copper Ridge Retail Space

Ron Wendler with Colorado Group Realty announced the sale of a prime restaurant/retail space in the Steamboat Grand Summit Resort Hotel to CHFA/Riggio and the sale of a Copper Ridge industrial condo to Elementary Property Holdings.

The 1,200 sq. ft. ground floor space in the Grand Hotel is move-in ready for a pizzeria or bakery. It has a walk-in cooler, convection and pizza oven, pastry counter and attractive tenant finish. Located at the base of Steamboat Ski Resort, across from the Transit Center and the Gondola, it is situated in one of the finest Steamboat Springs retail locations. Purchase price was $200,000.

Built in 2007 the 5,003 square foot Copper Ridge industrial condo is a high-quality mansonry building. It currently houses several Steamboat contractors. As an industrial “condo,” it has three offices, kitchen, two baths, a large four vehicle shop and second floor mezzanine storage space. The Copper Ridge property is located at 2675 Copper Ridge Circle. Purchase price was $477,500.

Both sales were handled by Ronald Wendler of Colorado Group Realty in Steamboat Springs. Ron Wendler is the exclusive REO representative for Wells Fargo in the Steamboat area and also represents other Steamboat REOs: Vectra Bank, Colorado Housing and Finance Authority (CHFA) and First National Bank of the Rockies.

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About The Author

Ron Wendler, Colorado Group Realty

With over 20 years of real estate experience in the Steamboat Springs area, Ron Wendler has an extensive background in commercial real estate. He owns Colorado Group Realty, an independent brokerage firm that specializes in cash flow real estate, commercial and residential specifications development. He also has experience in residential/luxury home sales, ranches and recreation properties.