600 Marina Dr Grand Lake, CO 80447
- Retail properties
- 9,200 SF
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 600 Marina Dr
- Year built
- 1937
- Lot size
- 0.50 lot acres
- Property size
- 9,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional Grand Lake, Colorado, property presents a unique investment opportunity. Located at 600 Marina Drive, this turnkey business encompasses a thriving restaurant and western-themed bar, ideally situated near three lakeside parks at the western entrance to Rocky Mountain National Park. The 9,200 square-foot building, constructed in 1937, sits on a half-acre lot and boasts ample parking for customers. The main level features a spacious 6,800 square-foot interior, including a restaurant and bar area enhanced by two large natural gas fireplaces. Upstairs, a 2,400 square-foot area provides three private suites, perfect for owner's or employee housing. The property has a long history of hosting various events, including weddings, corporate retreats, and local celebrations, benefiting from a built-in customer base of locals and vacation homeowners. The outdoor spaces offer covered seating options, maximizing the potential for year-round operation. The asking price is $1,095,000, representing approximately $119 per square foot for the indoor space. This price reflects a reduction from the previous asking price, allowing for future improvements and maximizing the property's potential. The sale includes all business furnishings, fixtures, and equipment. The property is identified as the north portion of Parcel 4, Daven Haven, and is located in Grand Lake Village, 80447.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Lake
- County
- Grand
- State
- Colorado
- Longitude
- -105.828
- Latitude
- 40.2491
