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725 GRAND Avenue, Grand Lake, CO 80447 (MLS# 23-74)

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725 GRAND Avenue, Grand Lake, CO 80447

$2,175,000
Property Type: Inc/Comm/Ranch Bedrooms: 12 Baths: 9.75 Square Footage: 3,664 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $2,175,000 List Date: 2/20/2023 Last Modified: 3/22/2023

Description

At the entrance to Rocky Mtn Ntl Park and within walking distance of the waterfront, the local shops, and Summer entertainment, this commercial motel and restaurant location with over 3,600 finished square feet cannot be beat. Plenty of parking, guest experiences and adventures to be had right from this doorstep! If you have been dreaming of living and working in the Rocky Mountains, then this business opportunity in historical downtown Grand Lake is for you! Overlooking the Boardwalk and facing Mount Baldy, this hotel and restaurant building is waiting for new operators. Situated at the corner of Grand and Vine and taking up the entire corner, the 8 room motel with a variety of bedding sizes faces the largest patio in Grand Lake.

Supplements: Featuring the largest patio in Grand Lake, complete with fire marshal approved fire pit and a stage for outdoor music all Summer long. Originally built in 1949 and added on in 1963, this building offers a lot of the charm to be expected in Grand Lake: half log siding, open decks, friendly attitude. The restaurant features a newly built bar, an enclosed, but removable exterior dining area, a front desk check in area, and a lower level perfect for more tables, music set ups or game room. The galley style kitchen has a large 48" gas range, exterior vented commercial hood, and refrigerators and freezers. Easy access to the pantry area for dried good storage makes the small kitchen easy to maneuver while serving up plenty of food. New luxury vinyl planking in the kitchen, the entry and the bar make clean up easy. A walk through door from the front desk to the patio make serving drinks easy during warmer months. A 4-bedroom apartment above the restaurant could be for employees or for owners, depending on preference. Usage for this building is based on Grand County zoning and the Town of Grand Lake zoning. Whether for employee housing, a motel, a bed and breakfast, or other commercial uses, this expansive building has lots of potential and lots of space to customize. New owner would be creating their own slice of heaven with this building purchase. No business is being offered with the building. No historical business documents available. Listing agent must be present during all showings. Verification of funds may be requested prior to showings.

More Information MLS# 23-74

Contract Information

Current Price: $2,175,000 Transaction Type: Income Commercial Book Section: Income/Commercial/Ranch Status: Active Begin Date: 2023-02-01 List Price: $2,175,000 Lease Term: None Percent Ownership: Full Reservations: Not Applicable 1st Right of Refusal: No List Price Per SqFt: 593.61

Location, Legal and Taxes

Area: Grand Lake Area House Number: 725 Street Name: GRAND Street Suffix: Avenue County: Grand State/Province: CO Postal Code: 80447 Parcel Number: 119305218008 Taxes: 25624.32 Tax Year: 2022 Tax Schedule #: R147060 Subdivision: GRAND LAKE Legal: Subd: GRAND LAKE Lot: 15 Block: 18 Subd: GRAND LAKE Lot: 16 Block: 18 FIRPTA (Foreign Investment in Real Property Act): No Common Road Name: GRAND AVE

General Property Description

Realtor.COM Type: Commercial Main SqFt: 3295 Total SqFt: 7519 Upper SqFt: 2160 Basement SqFt: 865 Finished SqFt: 3664 Year Built: 1949 Year Built Remarks: EFF YR BLT 1963 Style: Two Story Lot Size: 97X103 Acres: 0.23 Total Bedrooms: 12 Total Bathrooms: 9.75 Total Full Baths: 2 Total 3/4 Baths: 7 Garage Type: None

Remarks

Permanent Book Msg: Commercial Building

Miscellaneous

Minimum Earnest $: 30000 Sales Transfer Tax: No

Legal

Block/Bldg: 18 Lot/Unit: 15&16

Water Source

Community: n/a Public: Tap Paid Well: n/a

Sewer Source

Community: n/a Public: Tap Paid Septic: n/a

Utilities

Cable TV: Connected Electric: Connected Natural Gas: Connected Telephone: Connected Heat: Natural Gas Type Heat: Forced Air

Basement

Basement: Full Bsmt Finished: Partial Finished Crawl/Slab: Crawl Space % Basement Finished: 85 Basement Finished: 85% finished

Fireplace/Wood Stove

# of Fireplace/Stove: 2

Schools

Elementary School: Granby High School: Middle Park Jr High School: East Grand

Possible Usage

Lease Term: Both Short & Long

Special Listing Conditions

Auction: No Real Estate Owned: No

Property Features

Lease Type: None Access Road Maintain: County Inclusions: Disposal; Furniture; Microwave; Oven; Range; Refrigerator; W/D Hookup; Washer/Dryer Construction: Frame Amenities: Cable TV; Fishing; Game Room; Golf Course; Heat Included; Laundry; Lodge; Restaurant; Road Maintenance; Trash Removal; Snow Removal Description: Addl Parking; Bars; Cable Installed; Deck; Fence; Fireplace; Lake View; Smoke Alarm; Updated; View City; View Mtns; Walk in Closet Terms: 1031 Exchange; Cash; Conventional; Terms Acpt to Seller Possible Usage: Accommodations; Business; Commercial; Multi-Family

Documents

View Document Appliances to remain ›
View Document FF&E to stay ›
View Document LBP Disclosure ›
View Document List of Improvements ›
View Document Location Map ›
View Document Utilities ›
View Document Sq Ftg Disclosure ›
Listing Office: Re/Max Peak to Peak
Last Updated: March - 22 - 2023
725 GRAND Avenue, Grand Lake, CO 80447- MLS# 23-74
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.

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Contact Info

Stacy Strayer
Keller Williams Advantage Realty
(970)531-2074
[email protected]

Erin Life
Keller Williams Advantage Realty
(970)531-0565
[email protected]

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