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Property profile & analytics
OFF-MARKET
Drug stores

49348 Us Hwy 285 Grant, CO 80448-5022

1,500 SF 0.41 ac lot Built 1953
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-1313566
Property summary
AI-generated overview

This exceptional Grant, Colorado commercial property offers a unique blend of retail and residential space. Situated on a 0.41-acre lot along the scenic North Fork South Platte River, the property features a 4,644 square foot building currently configured as a licensed recreational marijuana dispensary and a duplex. The main commercial building boasts a fully intact commercial kitchen and bar, remnants from its previous life as a restaurant/bar, offering significant versatility for a variety of businesses. The duplex provides comfortable living quarters, ideal for owner occupancy, staff housing, or supplemental rental income. Recent renovations are extensive, including a new roof (2017), updated plumbing and electrical systems (2017), new sheetrock and flooring (2017), a completely redone septic system (2018), and a new well (2020). This turnkey operation presents a rare opportunity to acquire a well-maintained, mixed-use property in a desirable location with significant income potential. The property's prime riverfront location adds to its appeal, offering stunning views and a unique atmosphere. The combination of a thriving business and comfortable living space makes this an attractive investment for both seasoned and aspiring entrepreneurs. The property's modern infrastructure and recent upgrades ensure a smooth transition for any new owner. This is a truly remarkable opportunity to own a versatile and profitable commercial property in a picturesque setting.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1953
Total area 1,500 SF
Lot 0.41 ac (17,860 SF)
APN R0017260
UPID US13-1313566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Creative Mental Health Solutions Ll · 1 yrs held
Creative Mental Health Solutions Ll
since 2025
2 recorded transactions
2025
$730,000
2017
$225,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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