$4,100,000
$4,600,000
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1001 - 1007 Lake Avenue Grand Lake, CO 80447
0.68 Acres Lot
Key Details
Sold Price $4,100,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 9348189
Sold Date 01/09/24
HOA Y/N No
Originating Board recolorado
Year Built 1960
Annual Tax Amount $57,515
Tax Year 2023
Lot Size 0.680 Acres
Acres 0.68
Property Description
Parcel C: Enjoy amazing water and mountain views from these 6 large year round one bedroom cabins and 4 small lakeside cabins rented mid-May through mid-October, right across from the lakeside boardwalk. All 10 got new roofs in early December of 2021!
Lake House: all glass looking past decks out towards that deep blue water! . Lower level of this building is employee quarters.
Lofty views from Tree House! 1 king bedroom, 1 queen bedroom and a sleeper sofa rounds out the beds to sleep 6.
Legal description is R147161 Leatherwood Inn by the Lake: Lots 10, 10A, 11, 12, 12A, 13A, West 25 feet of Lot 13, All known as 1005 Lake Avenue.
Parcel D: Events Center
"The Waterfront" Restaurant! A fun gathering space for 122 guests. Handicapped accessible enclosed space with long bar for serving beverages, three restrooms discreetly located down a hall, plus a huge deck looking out over Colorado's largest natural lake. Down a partial flight of stairs is the kitchen and at ground level is a small apartment which can be employee housing. Parking at the back door access from the alley is convenient for caterers. County records show 3941 square feet. Legal description is R147162 Leatherwood Inn by the Lake: Lot 14 and East 25 feet of Lot 13, known as 1007 Lake Avenue.
Parcel B: Land on the corner will be ideal for adding what you like, adjacent to the lakeside cabins. With commercial zoning, there are no setbacks; just leave room for snow removal and trash removal. For any parking you cannot provide on site, the Town will assess you a parking space fee, currently $20,000 for each space. Legal description is R146440 Town of Grand Lake: Lot 9, Block 5, known as 1001 Lake Avenue.
Location
State CO
County Grand
Zoning Commercial
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Bought with MOUNTAIN LAKE PROPERTIES