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Sold

721 GRAND Avenue

721 GRAND Avenue, Grand Lake, CO 80447

$699,500
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. The property is located in a prime location in Grand Lake, a highly desirable and growing area. With its mixed-use potential, this property offers flexibility and a range of possible uses for a savvy investor. If you have any questions or would like to schedule a viewing, please don't hesitate to contact us through our website or at [insert phone number]. We would be happy to help you explore this investment opportunity further.

1
bed

2
baths

2,456 Sq.Ft. LIVING AREA

5,227.2 Sq.Ft. lot

John Sanderson

John Sanderson

Features & Amenities

Interior

  • total bedrooms1
  • Total bathrooms2
  • full bathroom1
  • half bathrooms2

Area & Lot

  • Status Sold
  • Living Area2,456 Sq.Ft.
  • Lot Area5,227.2 Sq.Ft.
  • MLS® ID22-1475
  • TypeCommercial
  • YEAR BUILT1989
  • Architecture StylesNOT APPLICABLE

Financial

  • Sales Price$699,500
  • Real Estate Tax $92/yr

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