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    49348 Us Highway 285 Grant, CO 80448

    For Sale
    $949,000

    Riverfront Retail & Duplex Investment

    Property size:
    4,644 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional Grant, Colorado commercial property offers a unique blend of retail and residential space. Situated on a 0.41-acre lot along the scenic North Fork South Platte River, the property features a 4,644 square foot building currently configured as a licensed recreational marijuana dispensary and a duplex. The main commercial building boasts a fully intact commercial kitchen and bar, remnants from its previous life as a restaurant/bar, offering significant versatility for a variety of businesses. The duplex provides comfortable living quarters, ideal for owner occupancy, staff housing, or supplemental rental income. Recent renovations are extensive, including a new roof (2017), updated plumbing and electrical systems (2017), new sheetrock and flooring (2017), a completely redone septic system (2018), and a new well (2020). This turnkey operation presents a rare opportunity to acquire a well-maintained, mixed-use property in a desirable location with significant income potential. The property's prime riverfront location adds to its appeal, offering stunning views and a unique atmosphere. The combination of a thriving business and comfortable living space makes this an attractive investment for both seasoned and aspiring entrepreneurs. The property's modern infrastructure and recent upgrades ensure a smooth transition for any new owner. This is a truly remarkable opportunity to own a versatile and profitable commercial property in a picturesque setting.

    Property Features for 49348 Us Highway 285

    General Information

    Property type
    Retail properties
    Square Feet
    4,644 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Grant
    County
    Park
    State
    Colorado
    Longitude
    -105.6655
    Latitude
    39.45969

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Riverfront Retail & Duplex Investment
    Where is this retail property located?
    The property is located at 49348 Us Highway 285 Grant, CO.
    What is the asking price?
    The asking price for this property is $949,000.
    (303) 962-4272
    Request Owner's contact information
    49348 Us Highway 285 Grant, CO 80448
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    Grant, CO 80448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49348 Us Highway 285 Grant, CO 80448
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