620 Grand Ave - Restaurant FOR SALE


Grand Lake, CO 80447
$450,000 USD
970-531-3333
620 Grand Ave, Grand Lake, CO for Sale
$450,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

620 Grand Ave
Grand Lake, CO 80447


OVERVIEW

Be a part of Grand Lake's history and its future! Formerly known as "The Ranger Station", this is a restoration project on Grand Avenue. Back in 1928, this was the home of Fred McLaren, the first ranger here on Rocky Mountain National Park's west side. We have photos of the home in its past life. Per current zoning regulations for the Town, the main level does now need to be a commercial use. Being sold ""as is"" $450,000 What will your Dream be for this prime location? The current owner had the idea of opening an appealing coffee shop. You can be the owner when it reaches the age of 100 years, in 2028! What a Celebration! The prior owner had planned for this ideal commercial location to be a tap house/ brewery with a wood fired pizzeria, to be enjoyed throughout all seasons. A full set of plans for that use - with soils and structural engineering - is available. Final size on 3 levels will be about 2400 square feet. The building is designed for a lower level "nano"(small) brewery operation, storage and delivery dock. The main level could house a new open kitchen, central bar area and inviting, intimate seating areas indoors and out. A new interior stairway was planned on the west side of the main floor with ADA-compliant bathroom(s). The upper level could be two offices and a new bathroom; discuss with the Town and the sanitation district if you might make this into living quarters for yourself or for employee housing. Possible floor plans for the main and lower level are attached.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

43

APN/PARCEL ID

R310090

ASK ABOUT THIS PROPERTY

Donna ReadyMountain Lake PropertiesMore Info
970-531-3333

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

Donna ReadyMountain Lake PropertiesMore Info
970-531-3333

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