416 Grand Ave - Hospitality FOR SALE


Grand Lake, CO 80447
$1,595,000 USD
970-531-3333
416 Grand Ave, Grand Lake, CO for Sale
$1,595,000 USD
Hospitality - FOR SALE
1/50
null | Request Cap Rate

416 Grand Ave
Grand Lake, CO 80447


OVERVIEW

Columbine Cabins = very visible near the entrance to Grand Lake Village and close to Rocky Mountain National Park: just the place to stay when you visit a lakeside town out of the Wild West. Each of the 8 individual cabins has an inviting living room, a gas heater/ "fireplace" with a visible flame, a kitchenette, a ¾ bath and a private bedroom. Property is landscaped with the cottages gathered around a circular driveway and the home with hot tub in back is on the west side of this large property. Almost 8000 sq. ft. of living and work areas plus a garage, right across Veteran's Park by a grocery store, near the Grand Lake Center.  With commercial zoning, these could become individual retail shops - gathered around the courtyard. What a fun vision for the entrance to this year round resort town! Block 28, Lots 1-3 & East 46 feet of Lot 4. #416 Grand Avenue. $1,595,000

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$208 USD /SF

# OF ROOMS

11

PRICE/ROOM

$145,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbine Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1948

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

36

APN/PARCEL ID

R142200

ASK ABOUT THIS PROPERTY

Donna ReadyMountain Lake PropertiesMore Info
970-531-3333

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Donna ReadyMountain Lake PropertiesMore Info
970-531-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.