210 Rapids Ln Grand Lake, CO 80447
- Retail properties
- 7,600 SF
- 0.26 lot acres
Current Use by Public Records
- Retail properties
Property Details for 210 Rapids Ln
- Year built
- 1915
- Lot size
- 0.26 lot acres
- Property size
- 7,600 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
Prime Grand Lake, Colorado restaurant and bar opportunity awaits! This 7,600 square foot establishment, built in 1915, sits on a 0.26-acre lot at 210 Rapids Ln, offering a unique riverside location. The property boasts a 4,000 square foot main level encompassing a restaurant, bar, and banquet room, perfect for year-round operation. Enjoy outdoor dining along the stream during warmer months. Upstairs, a 2,600 square foot area houses six uniquely decorated bed and breakfast suites, adding to the revenue potential. The owner's quarters are a significant perk, comprising a 980 square foot, two-bedroom, two-bathroom apartment on the third level. The property extends to the middle of the stream, providing 100 feet of river frontage. Conveniently located just beyond the east end of the boardwalk and 2.5 blocks from the beach, this property presents a rare chance to own a thriving business in a desirable Colorado mountain town. The asking price is $2,599,000, reduced from $2,998,000, allowing for potential updates and renovations. This is a turn-key opportunity to own a successful restaurant and bar with additional income streams.
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
- -105.815
- Latitude
- 40.2521
