• Asking Price $895,000
  • 38283 Highway 24 Lake George, CO 80827

  • Single Family Home / Resale (MLS)

Property Details for 38283 Highway 24, Lake George, CO 80827

Features

  • Lot Size: 1.368 acres

Facts

  • Year Built: 01/01/1947
  • Property ID: 897263931
  • MLS Number: 9945721
  • Property Type: Single Family Home
  • County: PARK
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 youre 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 stones 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 youre looking for a property that combines business potential and lifestyle opportunities, look no further.

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Property Brokerage: Your Neighborhood Realty, Inc. 111 E Midland Suite B Woodland Park CO 80863
Copyright © 2024 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.