38283 Highway 24 Active

Lake George,CO 80827

$ 895000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mix Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9945721

Year Built 1947

Annual Tax Amount $3,104

Tax Year 2023

Lot Size 1.368 Acres

Property Description

Amazing investment property with numerous revenue generating possibilities. This property has amazing potential for many different purposes. Featured in the property are a 1,200 square foot cafe area; 1,150 square foot bar/office area; 690 square foot operating retail fly shop; newly remodeled 1 bedroom apartment; detached 520 square foot newly remodeled studio apartment with a new 6 x 24 wooden deck. Commercial well installed in 2017. Commercial septic system installed in 2017. New furnace in 2023. Dual pane windows with transferrable lifetime warranty. This property has a minimum of 7 different revenue generating possibilities. The 1.37-acre property includes mixed use 0.34-acre lot as well as a 0.68 residential lot. This property is ideal for transforming into a bustling hotspot for tourists and locals. Whether you're whipping up culinary delights for hungry guests or outfitting anglers for a day on the nearby lakes and rivers, the possibilities here are as vast as the surrounding landscapes. Natura lovers will thrive with the Eleven Mile Canyn Recreation Area only a stone's throw away. Engage in endless outdoor activities ranging from fishing at the acclaimed Eleven Mile and Spinney Mountain Reservoirs to exploring scenic trails that promises breathtaking views and heart-pumping adventures. This property benefits from significant traffic and excellent visibility on US-24 making it a strategic spot for any business. In addition, the residential units provide flexibility for on-site management or additional rental income. If you're looking for a property that combines business potential and lifestyle opportunities, look no further.

Location

State CO

County Park

Area Lake George Park

Interior

Cooling Ceiling Fan(s)

Laundry Common

Exterior

Utilities Available Electricity Connected

Roof Type Composite Shingle

Building

Foundation Partial Basement

Water Well

Structure Type Frame

Schools

School District Park Re-2

Others

Special Listing Condition Not Applicable

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