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    604 Marina Drive

    Grand Lake, CO 80447
    • $2,750,000
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 21-1152
    UPDATED: 32 min ago
    $2,750,000
    • 26
      BEDS
    • 2.67
      ACRES
    • 20
      BATHS
    • 0
      1/2 BATHS
    • 12,093
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2001
    County:

    School Ratings & Info

    Description

    Daven Haven Lodge & Backstreet Steak HouseRocky Mountain Resort/Restaurant/Cabins/Catering & Event CenterThis 2.67 acre parcel of land perfectly located in the village of Grand Lake, Colorado, is the last parcel of commercial land this size to be found inside the town limits.Owned & operated by only three families since the 1930's, the current owners have operated Daven Haven Lodge since 1990. After 32 years they are ready to retire.Grand Lake is one of Colorado's most popular summer/winter recreational and vacation destinations. Just 5 minutes from the west entrance to Rocky Mountain National Park (RMNP), Grand Lake experiences over 409,000 vehicles per year passing through RMNP.There is MUCH GREATER INCOME POTENTIAL to be made if operated with new energy, updated marketing techniques and bright new ideas. Current listing price is a 10% cap rate. The property is in great shape and has no deferred maintenance. The buildings and grounds have been maintained and improved annually. Backstreet Steakhouse has a great local reputation and is currently open 5 nights per week; Wed-Sun nights during peak summer season and weekends only in the winter. Hours can be extended and create a great deal of potential restaurant income by adding additional nights and weekend breakfast and lunch. Additionally the seasonality of the Grand Lake community allows for the owners to close for vacation and/or repairs and maintenance mid-March thru April (mud season) and late October thru November, if desired. Expanded catering has very high-income potential. The current owner has been operating a catering business for several years and routinely turns down events due to the overwhelming demand. Weddings, corporate events retreats, reunions, church group, offsite in-home events, and special event catering are in high demand. With proper marketing, a caterer can book the facility on a year-round basis. The sale includes: 1. Main lodge building inclusive of the Back Street Steakhouse turnkey restaurant, banquet room, commercial kitchen, bar, front desk office, and lobby 2. 3-bedroom owner/operator apartment upstairs. 3. Outdoor event areas, BBQ, fire pit and dining patios 4. Commercial laundry and maintenance buildings 5. Employee housing for 10-12 staff. 6. 2.67 acres including 7 owned rental cabins and 5 rental cabins managed for others (for a fee) 7. Additional cabins, yurts or teepees may be built if desired. Three lots have water and sewer lines in place. Zoning allows for multiple uses including redevelopment of almost all the 2.6 acres. You can be part of historic Grand Lake. Grand Lake is one of the VERY FEW resort communities that is surrounded by National Forest lands and Rocky Mountain National Park and it also sits on the southern shore of Grand Lake, Colorado's largest natural lake, this property is worth the trip to check it out. Colorado is the seventh fastest growing state with a 3% increase of residents annually, creating a boom in our recreational economy. Now is the perfect time to invest in your future.

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    © 2021 Grand County Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Real Estate Company. Data last updated: 2021-09-26T21:06:30.37.
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    604 Marina Drive Grand Lake, CO 80447

    • Price: $2,750,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 21-1152
    26
    Beds
    20
    Baths
    0
    ½ Baths
    2.67
    Acres
    12,093
    SQFT
    $227
    $/SQFT
    2001
    Built
    Neighborhood:
    Grand Lake
    County:
    Grand
    Area:
    Grand Lake Area
    Property Description
    Daven Haven Lodge & Backstreet Steak HouseRocky Mountain Resort/Restaurant/Cabins/Catering & Event CenterThis 2.67 acre parcel of land perfectly located in the village of Grand Lake, Colorado, is the last parcel of commercial land this size to be found inside the town limits.Owned & operated by only three families since the 1930's, the current owners have operated Daven Haven Lodge since 1990. After 32 years they are ready to retire.Grand Lake is one of Colorado's most popular summer/winter recreational and vacation destinations. Just 5 minutes from the west entrance to Rocky Mountain National Park (RMNP), Grand Lake experiences over 409,000 vehicles per year passing through RMNP.There is MUCH GREATER INCOME POTENTIAL to be made if operated with new energy, updated marketing techniques and bright new ideas. Current listing price is a 10% cap rate. The property is in great shape and has no deferred maintenance. The buildings and grounds have been maintained and improved annually. Backstreet Steakhouse has a great local reputation and is currently open 5 nights per week; Wed-Sun nights during peak summer season and weekends only in the winter. Hours can be extended and create a great deal of potential restaurant income by adding additional nights and weekend breakfast and lunch. Additionally the seasonality of the Grand Lake community allows for the owners to close for vacation and/or repairs and maintenance mid-March thru April (mud season) and late October thru November, if desired. Expanded catering has very high-income potential. The current owner has been operating a catering business for several years and routinely turns down events due to the overwhelming demand. Weddings, corporate events retreats, reunions, church group, offsite in-home events, and special event catering are in high demand. With proper marketing, a caterer can book the facility on a year-round basis. The sale includes: 1. Main lodge building inclusive of the Back Street Steakhouse turnkey restaurant, banquet room, commercial kitchen, bar, front desk office, and lobby 2. 3-bedroom owner/operator apartment upstairs. 3. Outdoor event areas, BBQ, fire pit and dining patios 4. Commercial laundry and maintenance buildings 5. Employee housing for 10-12 staff. 6. 2.67 acres including 7 owned rental cabins and 5 rental cabins managed for others (for a fee) 7. Additional cabins, yurts or teepees may be built if desired. Three lots have water and sewer lines in place. Zoning allows for multiple uses including redevelopment of almost all the 2.6 acres. You can be part of historic Grand Lake. Grand Lake is one of the VERY FEW resort communities that is surrounded by National Forest lands and Rocky Mountain National Park and it also sits on the southern shore of Grand Lake, Colorado's largest natural lake, this property is worth the trip to check it out. Colorado is the seventh fastest growing state with a 3% increase of residents annually, creating a boom in our recreational economy. Now is the perfect time to invest in your future.
    Exterior Features

    Garage Type Detached

    Interior Features

    Lower Sq Ft 12093.00 Total Sq Ft 12093.00

    Property Features

    Electric Connected Natural Gas Connected Percent Ownership Full Real Estate Owned No Sales Transfer Tax No Sewer Source Community N/A Sewer Source Public Tap Paid Sewer Source Septic N/A Style Not Applicable Tax Year 2021 Taxes 11421.00 Water Source Community N/A Water Source Public Tap Paid Water Source Well N/A


    Listing courtesy of Sanderson Commercial Real Estate.
    © 2021 Grand County Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Real Estate Company. Data last updated: 2021-09-26T21:06:30.37.
     
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