17460 Co Rd Bayfield, CO 81122

Exceptional investment opportunity: The Lake House, a 7,798 square foot mixed-use building situated on a one-acre lakefront lot in Bayfield, Colorado. This unique property, built in 1962 and renovated in 2019, boasts a rich history within the Vallecito Lake community. Currently configured with three tenants, including residential units, office space, a conference room, meeting areas, and a coffee shop, the property offers diverse income streams. The building features a full commercial kitchen, expanding potential uses to include a restaurant or other commercial ventures. The 6,300 square feet of net rentable space is priced at $76.93 per square foot, with an asking price of $599,900. The two-story building includes 15 parking spaces and is zoned for mixed-use development. Located at 17460 Co Rd 501, Bayfield, CO 81122, this property benefits from its proximity to the Vallecito Lake and the Weminuche Wilderness, offering recreational opportunities and attracting a diverse clientele. The current leases have a remaining term of approximately one-tenth of a year, commencing October 1st, 2024, and expiring September 9th, 2025. The property's versatility and prime location make it an ideal investment for an owner/user seeking a unique and profitable venture. The Lake House is currently used for weddings, family reunions, fundraisers, meetings, and artisan events, demonstrating its adaptability and potential for continued growth.