$895,000

38283 Highway 24, Lake George, CO 80827, US

Summary

Style: Mix Use
Year Built: 1947

Moving Quotes

primary photo for 38283 Highway 24, Lake George, CO 80827, US

Remarks

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.

Details

MLS#: 8145821
Price: $895,000

Style: Mix Use
Year Built: 1947

County: Park
Tax Fee: 3104.90

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Broker Contact


Your Neighborhood Realty, Inc.
111 E Midland Suite B
Woodland Park, CO, 80863
US
Mike Slaback
! 719-687-2222
! ynrmike@gmail.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Pikes Peak Association of REALTORS
Last updated: 2024-06-25T11:27:02.000-06:00.
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