412 GRAND Avenue, Grand Lake, CO 80447 (MLS# 19-766)


$390,000
412 GRAND Avenue
Grand Lake, CO 80447
MLS# 19-766
1 beds  |  4 baths  |  1962 sqft


412 GRAND Avenue, Grand Lake, CO 80447
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412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447 412 GRAND Avenue, Grand Lake, CO 80447

Property Description
RARE OPPORTUNITY TO OWN A FREESTANDING COMMERCIAL BUILDING WHICH INCLUDES: a nice mixed use of retail/flex space, warehouse, apartment, basement AND storage Use your creativity and ingenuity to bring this back to its fullest potential. SOLD AS IS

Details
Maps
Documents
Contract Information
Current Price: $390,000
Book Section: Income/Commercial/Ranch
Status: Active
Begin Date: 2019-06-04
List Price: $390,000
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
Location, Legal and Taxes
Area: Grand Lake Area
House Number: 412
Street Name: GRAND
Street Suffix: Avenue
County: Grand
State/Province: CO
Postal Code: 80447
Parcel Number: 119306122003
Taxes: 2449.36
Tax Year: 2018
Tax Schedule #: R141540
Subdivision: GRAND LAKE
Legal: Subd: GRAND LAKE Lot: 4 Block: 28 W 4FT LT 4 AND LOT 5 Subd: GRAND LAKE Lot: 5 Block: 28 W 4FT LT 4 AND LOT 5
FIRPTA (Foreign Investment in Real Property Act): No
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 5718
Basement SqFt: 1148
Finished SqFt: 1962
Year Built: 1934
Style: Two Story
Lot Size: 8102
Acres: 0.19
Total Bedrooms: 1
Total Bathrooms: 4
Garage Type: Built In
Garage Stalls: 1
Garage Remarks: 2600+sqft
Remarks
Book Msg 2: *** PRICE REDUCED ***
Miscellaneous
Minimum Earnest $: 5,000
Possession: By Contract
Sales Transfer Tax: No
Water Source
Community: n/a
Public: Tap Paid
Well: n/a
Sewer Source
Community: n/a
Public: Tap Paid
Septic: n/a
Utilities
Natural Gas: Connected
Basement
Basement: Full
Construction
Construction: Frame
Property Features
Inclusions: Oven; Range; Refrigerator; W/D Hookup
Terms: Cash; Conventional; FHA
Possible Usage: Accommodations; Business; Commercial; Multi-Family; Residential
Supplements
Run your own business on main street in Grand Lake, CO and live above it, rent the entire building or subsidize your investment by renting out various portions to others. This 6240 sq ft property includes: -2nd floor loft with roof-top deck (your home, long term rental or nightly rental?) -Retail space/showroom could possibly be broken into several smaller spaces (2-3). Use 1 and rent the others or take the whole space for yourself -Current business takes up 2 spaces but could be reconfigured to take only 1 with 2 smaller spaces being rented. -Large basement (1148 sq ft) w/exterior and interior stairs (storage for your excess or rent out to others) -Huge warehouse (2600+ sq ft) in back with overhead door and alley access. Store all your toys or rent out to others. -Side alley belongs to property -Blank slate- ripe for cultivating your vision in Colorado's newly appointed and certified creative district -Capitalize on Grand Lake's newly designated Gateway Community to the Continental Divide Trail (CDT) -Much commercial growth and urban development in the area -Property could be used as-is, renovated, added onto or demolished and redeveloped. Talk to the town about your options and desires. Total sq ft: 6240 Garage/Warehouse: 2608 Basement: 1148 Porch/Deck space: 522 2nd Floor Apartment: 621 Retail Main Floor (3 exterior doors): 1341 ALSO: -Highly visible and accessible -Large lot -Excellent location at the Entrance to town -Customer Off-Street Parking at front of building -Right Hand Location -Visible to traffic bypassing town via Portal Road -Walking distance to lakes, trails, shops, restaurants, post office, community center and more SOLD AS IS. Needs work depending on your vision. -------------------------------------------------------------------------------------------- PLEASE DO NOT TRESPASS ON THE PROPERTY. Ground floor opportunity. Act now before the growth, transformation and development of the Grand Lake commercial district prices you out. Information deemed Reliable but not Guaranteed. Buyer and Agent to verify all.

Listing Office: The Resource Group, LLC

Last Updated: August - 21 - 2019

Information deemed reliable but not guaranteed.

Thursday 22nd of August 2019 06:46 AM