$699,500
$699,500
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1 Bed
3 Baths
2,456 SqFt
SOLD DATE : 08/14/2023
Key Details
Sold Price $699,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $284
Subdivision Grand Lake
MLS Listing ID 22-1475
Sold Date 08/14/23
Style NOT APPLICABLE
Bedrooms 1
Full Baths 1
Half Baths 2
HOA Y/N No
Year Built 1989
Annual Tax Amount $92
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions .115
Source Grand County Board of REALTORS®
Property Description
Thank you for your interest in this property in Grand Lake. This is an excellent investment opportunity with the building currently demised for two commercial tenants and one residential apartment upstairs.
The current lease for the apartment provides a steady income stream, while the commercial tenants are on a month-to-month lease. One tenant has expressed interest in a long-term lease, indicating a potential for stability and long-term income generation. It's also worth noting that some personal property and leased items/furnishings are excluded from the sale, so be sure to clarify any questions you may have with us. The property is located in a prime location in Grand Lake, a highly desirable and growing area. With its mixed-use potential, this property offers flexibility and a range of possible uses for a savvy investor. If you have any questions or would like to schedule a viewing, please don't hesitate to contact us through our website or at [insert phone number]. We would be happy to help you explore this investment opportunity further.
Location
State CO
County Grand
Community Grand Lake
Area Grand Lake Area
Exterior
View Y/N No
Garage No
Building
Architectural Style NOT APPLICABLE
Structure Type Frame
Others
Tax ID 119305218007
Ownership Full
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