49542 Us Highway 285 Grant, CO 80448
- Turn key restaurants
- 2,712 SF
- 0.47 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 49542 Us Highway 285
- Year built
- 1942
- Lot size
- 0.47 lot acres
- Property size
- 2,712 SF
- Property type
- Turn key restaurants
- APN
- R0018358
- APU
- R0018358
Description
This 2,712 square foot retail space, situated on a 0.47-acre lot at 49542 US Highway 285 in Grant, Colorado, presents a unique investment opportunity. Located directly on US Hwy 285 in Park County, this property offers stunning mountain views and private S. Platte River access. The versatile space is ideal for various retail uses, from a tavern to a mountain shop. Currently in shell condition and sold AS IS, the property includes a new well (permit # 295206-A) and a new Advantex septic system designed for a 3-bedroom residence, small commercial kitchen with ADA bathroom, and retail space. The septic system comprises a 2-compartment 1000-gallon tank, an existing 1-compartment 500-gallon tank, and leach fields totaling 12x60 and 15x23. Park County's growing popularity ensures both immediate business potential and long-term property appreciation. This log cabin setting offers a blend of commercial viability and Colorado's natural beauty, making it an exceptional opportunity for entrepreneurs and investors seeking a unique business location. The asking price is $429,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $205,000
- 6.5%
- $200,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $240,000
- Mixed-Use
- $205,000
- Hospitality
- $240,000
- Educational
- $225,000
- Residential Income
- $225,000
- Energy
- $190,000
- Income-Based Land
- $230,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Grant
- County
- Park
- State
- Colorado
- Longitude
- -105.662
- Latitude
- 39.4592
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA