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    629 Grand Ave Grand Lake, CO 80447

    For Sale
    $985,000

    High-traffic location near Rocky Mountain National Park entrance.

    Lot size:
    0.11 Acres

    Property Features for 629 Grand Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1989

    Source: MOUNTAIN LAKE PROPERTIES Agent Donna Ready

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Lake Restaurant/Retail Opportunity

    This property is located at the west entrance of Rocky Mountain National Park and in the resort town of Grand Lake, Colorado. The location benefits from high visibility, as it is passed by all traffic entering and leaving town. The property features parking and is suitable for a restaurant or retail business. The property includes a large home that could be used as a residence, employee housing, or a rental unit for additional income. The property is a fixer-upper. Seller financing is available to a qualified purchaser. Additional details and income figures from when the business was in full operation are available. The property is identified as Lot 16, Block 21, #629 Grand Avenue.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Grand Lake
    County
    Grand
    State
    Colorado
    Longitude
    -105.882
    Latitude
    40.2938

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    FAQs

    What type of property is this?
    Drive through restaurant - High-traffic location near Rocky Mountain National Park entrance.
    Where is this drive through restaurant located?
    The property is located at 629 Grand Ave Grand Lake, CO.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Prime location: First commercial property entering/exiting Grand Lake near Rocky Mountain National Park, ensuring high visibility and traffic.; - Versatile Use: Suitable for restaurant or retail business, offering flexibility for various ventures.; - Income Potential: Includes a large home that can be used for owner occupancy, employee housing, or rental income.
    (970) 627-3103
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    Grand Lake, CO 80447
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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
    629 Grand Ave Grand Lake, CO 80447
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