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721 Grand Avenue

Grand Lake, CO 80447
  • $699,500
  • STATUS: Closed
  • ON SITE: 378 Days
  • MLS #: 22-1475
Sold - 08/14/2023
$699,500
SOLD - 08/14/2023
  • 1
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 75
    1/2 BATHS
  • 2,456
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:

School Ratings & Info

Description

Thank you for your interest in this property in Grand Lake. This is an excellent investment opportunity with the building currently demised for two commercial tenants and one residential apartment upstairs. The current lease for the apartment provides a steady income stream, while the commercial tenants are on a month-to-month lease. One tenant has expressed interest in a long-term lease, indicating a potential for stability and long-term income generation. It's also worth noting that some personal property and leased items/furnishings are excluded from the sale, so be sure to clarify any questions you may have with us.

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© 2023 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: 2023-12-02T23:06:18.513.
www.trecwp.com/homes/134889338
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721 Grand Avenue Grand Lake, CO 80447

  • Price: $699,500
  • Status: Closed
  • On Site: 378 Days
  • Updated: 41 min ago
  • MLS #: 22-1475
1
Beds
2
Baths
75
½ Baths
0.12
Acres
2,456
SQFT
$0
$/SQFT
1989
Built
Neighborhood:
Grand Lake
County:
Grand
Area:
Grand Lake Area
Property Description
Thank you for your interest in this property in Grand Lake. This is an excellent investment opportunity with the building currently demised for two commercial tenants and one residential apartment upstairs. The current lease for the apartment provides a steady income stream, while the commercial tenants are on a month-to-month lease. One tenant has expressed interest in a long-term lease, indicating a potential for stability and long-term income generation. It's also worth noting that some personal property and leased items/furnishings are excluded from the sale, so be sure to clarify any questions you may have with us.
Exterior Features

Architectural Style Not Applicable Attached Garage YN No Carport YN No Construction Materials Frame

Property Features

Association YN No Building Area Total 2857 Tax Amount 92 Tax Year 2022


Listing courtesy of Re/Max Peak To Peak: .
© 2023 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: 2023-12-02T23:06:18.513.
 
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78321 U.S. Hwy 40, Suite 107
Winter Park CO, 80482