59 Co Rd Rye, CO 81069
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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