CO > Steamboat Springs > Crawford Subd
Steamboat Springs, CO 80487,205 / 207 Park AVE #2
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Steamboat Springs, CO 80487,205 / 207 Park AVE #2
Steamboat Springs, CO 80487,205 / 207 Park AVE #2
Steamboat Springs, CO 80487,205 / 207 Park AVE #2
Steamboat Springs, CO 80487,205 / 207 Park AVE #2
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Ben Martinez

Ben Martinez

+1(720) 322-5026
$ 2,349,000
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205 / 207 Park AVE #2 Steamboat Springs, CO 80487

8,276 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Crawford Subd

MLS Listing ID S1064007

Year Built 1952

Annual Tax Amount $6,361

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Located at the corner of Park Avenue and Grand Street in Steamboat's highly desirable Old Town neighborhood, this updated property offers a rare income-producing opportunity with two independent rental units, one of which includes a grandfathered Short-Term Rental (STR) license—a privilege no longer attainable in this red zone location. The main residence blends timeless Steamboat character with modern finishes and has demonstrated solid STR performance, even with significant owner usage during periods of rental. The separate one-bedroom ADU, built in 2017, operates as a 30-day+ executive or seasonal rental, providing a dependable secondary income stream. Together, the two units have achieved combined historical gross rents of approximately $140K, with upside potential toward $180K based on recent STR projections. Minimal operating costs, no expensive HOA fees, and newer hot water heater / furnace help to ensure future profitability. This is a true turnkey live and/or lease opportunity, offering strong income generation along with the option to personally enjoy one of Colorado's most beloved mountain towns and year-round destinations.

Location

State CO

County Routt

Area Downtown Area

Direction From Lincoln Ave, drive north on 7th St, left on Laurel St, drive past Soda Creek Elementary School, turn right on Logan Ave, turn right on Grand Street. Home will be on your left.

Interior

Heating Forced Air, Radiant Floor, Radiant

Fireplace No

Exterior

Parking Features Driveway, Garage, Heated Garage, Insulated Garage, Off Street, Oversized

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Sewer Connected, Trash Collection, Water Available

Water Access Desc Public

Roof Type Asphalt, Metal

Street Surface Alley Paved,Paved

Building

Lot Description Corner Lot

Dwelling Type Multi Family

Sewer Public Sewer

Water Public

Additional Building Living Quarters

Others

Pets Allowed Yes

Tax ID R7715030

Pets Allowed Yes

Altitude MLS / Summit County MLS
Listed by Steamboat Sotheby's International Realty (970) 819-5359
Ben Martinez

Ben Martinez

Global Real Estate Advisor

+1(720) 322-5026

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205 / 207 Park AVE #2