21220 Baron Lk Dr 1 Cedaredge, CO 81413-8253
This exceptional turn-key business opportunity presents the chance to own a renowned lodge nestled on over 10 acres of private land within the Grand Mesa National Forest. This historic landmark, known for its accessibility and stunning location on the world's largest flat-top mountain, operates year-round, catering to both summer and winter recreation enthusiasts. The property boasts a substantial 12,038 square feet, encompassing a fully equipped restaurant and bar with separate dining areas and two bathrooms. Upstairs, a six-bedroom, three-bathroom residence provides comfortable owner accommodations. Further enhancing the income potential are seven individual cabins and an eight-room motel, each fully furnished and updated. The lodge enjoys a loyal clientele, hosting weddings and attracting visitors drawn to the area's abundant recreational opportunities. Existing infrastructure includes established domestic water, septic, and power systems, providing a solid foundation for expansion with potential for additional cabin or RV sites. The surrounding Grand Mesa National Forest offers unparalleled access to over 270 reservoirs and lakes, extensive trails ideal for various activities including Nordic skiing, snowmobiling, ATV riding, and horseback riding, as well as exceptional fishing and hunting. This established business presents a unique opportunity for significant growth and expansion in a highly desirable location. The property is offered at $2,950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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