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    59 Co Rd 371 Rye, CO 81069

    Sponsored
    For Sale
    $1,599,900

    Mountain Resort & Restaurant - Prime Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Embrace an exceptional investment opportunity with "The Lodge," a thriving hospitality and entertainment destination nestled near the scenic 40-acre Lake Isabel in Rye, Colorado. This turnkey property boasts a unique blend of lodging and dining, offering 11 fully furnished cabins, each conveniently located near the main 4,414 square foot building. This central hub houses a newly remodeled restaurant and bar, a refreshed retail area, and a completely modernized commercial kitchen. The restaurant and bar are the social heart of Lake Isabel, attracting a steady stream of tourists and outdoor enthusiasts. The Lodge capitalizes on the area's popularity, providing both lodging and dining experiences. The property includes paddleboard/kayak rentals and a fudge shop, adding to its diverse revenue streams. Recent renovations include a brand-new bar, remodeled dining area, updated retail space, and a completely overhauled commercial kitchen. Some cabins have also undergone recent renovations. Located at 59 Co Rd 371, Rye, CO 81069, this property presents a rare chance to acquire a well-established and profitable business in a picturesque mountain setting. The asking price is $1,599,900. This is a for-sale-by-owner opportunity. Don't miss this chance to own a piece of paradise and a thriving business.

    Property Features for 59 Co Rd 371

    General Information

    Property type
    Restaurants

    HighLights

    • $1,599,900 asking price.
    • Mixed‑use property encompassing hospitality, retail, and restaurant operations.
    • Located at 59 Co Rd 371, Rye, CO 81069.
    • Features eleven fully furnished cabins.
    • Includes a restaurant, bar, and retail space (fudge shop).
    • Recently renovated bar, dining area, retail area, and commercial kitchen; some cabins also remodeled.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rye
    County
    Custer
    State
    Colorado
    Longitude
    -105.0540058
    Latitude
    37.9878031

    Nearby Comparable

    • $849,900

      Mountain Lodge Retreat in Rye, CO

      8-Cabin Lodge, Scenic Byway Location
      18488 Co-165, Rye, CO 81069
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    • Contact for pricing
      0.11 Acres

      Land Near Lake Isabel, Rye

      Picturesque land near Lake Isabel with live water.
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      Land Bordering National Forest

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      Prime Beulah Agribusiness Opportunity

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      35 Acres Bordering BLM Land

      35-acre parcel with mountain views, bordering BLM land.
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    Nearby Similar for Sale

    • $649,999

      Rye, Colorado Agricultural Property

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    • $849,900

      Mountain Lodge Retreat in Rye, CO

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      View Details

    FAQs

    What type of property is this?
    Restaurant - Mountain Resort & Restaurant - Prime Investment
    Where is this restaurant located?
    The property is located at 59 Co Rd 371 Rye, CO.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: $1,599,900 asking price.; Mixed-use property encompassing hospitality, retail, and restaurant operations.; Located at 59 Co Rd 371, Rye, CO 81069.
    Request Owner's contact information
    59 Co Rd 371 Rye, CO 81069
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    Rye, CO 81069
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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
    59 Co Rd 371 Rye, CO 81069
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