Grand Lake, CO 80447,1001 - 1007 Lake Avenue
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Grand Lake, CO 80447,1001 - 1007 Lake Avenue
Grand Lake, CO 80447,1001 - 1007 Lake Avenue
Grand Lake, CO 80447,1001 - 1007 Lake Avenue
Grand Lake, CO 80447,1001 - 1007 Lake Avenue

$4,100,000

Est. payment /mo

$4,600,000

10.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1001 - 1007 Lake Avenue Grand Lake, CO 80447

0.68 Acres Lot

SOLD DATE : 01/09/2024

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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REColorado (REColorado MLS)
Listed by MOUNTAIN LAKE PROPERTIES
Bought with MOUNTAIN LAKE PROPERTIES
agent

Bill Hubbell

Advisor | License ID: 012762

+1(720) 297-2441

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