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    210 Rpd Ln Grand Lake, CO 80447

    For Sale
    $1,895,000

    Unique streamside commercial property in Grand Lake, Colorado.

    Property size:
    7,600 SF
    Lot size:
    0.26 Acres

    Property Features for 210 Rpd Ln

    General Information

    Standard status
    Active
    Size
    7,600 SF
    Lot size
    0.26 Acres

    Building Details

    Year built
    1915

    Source: MOUNTAIN LAKE PROPERTIES Agent DONNA READY

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

    Overview

    Grand Lake Streamside Commercial Opportunity

    Located in Grand Lake, Colorado, this 7,600 square foot commercial property presents a unique opportunity along the streams. The property currently houses the Rapids Restaurant, a 4,000 square foot restaurant and bar area with a banquet room and lobby level that can seat approximately 100 guests inside and 45 outside. The middle level offers an additional 2,600 square feet with 6 rooms, each with a private bath, suitable for employee housing or a bed and breakfast. The third floor features a 984 square foot owner's apartment or manager's quarters with 2 bedrooms and 2 bathrooms. The property includes land extending to the middle of the stream, spanning 100 feet along and below the waters of the North Inlet. Situated just beyond the east end of the Boardwalk, it is located 2 1/2 blocks from the beach. The property could be remodeled for various uses, such as a spa or a wine and cheese bar. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Map

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

    Nearby Similar for Sale

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    • $985,000

      Grand Lake Restaurant/Retail Opportunity

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      Grand Lake Restaurant & Bar

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    FAQs

    What type of property is this?
    Restaurant - Unique streamside commercial property in Grand Lake, Colorado.
    Where is this restaurant located?
    The property is located at 210 Rpd Ln Grand Lake, CO.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Unique commercial property: The only one located directly along the streams in Grand Lake, offering exclusive waterfront access and ambiance.; - Substantial price reduction: Reduced from $2,350,000 to $1,895,000, providing significant potential for value appreciation and investment return.; - Versatile potential: Suitable for various business ventures (restaurant, spa, B&B) or conversion to a private residence.
    (970) 627-3103
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    210 Rpd Ln Grand Lake, CO 80447
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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
    210 Rpd Ln Grand Lake, CO 80447
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