Lake City, CO 81235,231 N Gunnison Avenue

$995,000

Est. payment /mo

$995,000

Est.Price: ?

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231 N Gunnison Avenue Lake City, CO 81235

8 Baths

3,627 SqFt

SOLD DATE : 09/13/2022

Key Details

Sold Price $995,000

Property Type Commercial

Sub Type Multi-Use w/Res

Listing Status Sold

Purchase Type For Sale

Square Footage 3,627 sqft

Price per Sqft $274

MLS Listing ID 796495

Sold Date 09/13/22

Full Baths 6

Three Quarter Bath 2

Year Built 1937

Annual Tax Amount $7,102

Tax Year 2021

Lot Size 0.500 Acres

Acres 0.5

Property Description

Sale Pending.....This well established Triple Revenue Commercial Business is in the best location in downtown Lake City, Colorado! The turn-key ready operation offers seasonal vacation rental cabins, a mini mart & gas station in addition to an on-site owner's residence. The ideal location offers 175' of highway frontage at the corner of 3rd Street and Gunnison Avenue (Hwy 149) within the Historic District and is situated on 7 town lots equating to 0.50+/- of an acre. The vacation rentals offer 8 historic log cabins (5 two bedroom and 3 studio style) with some upgrades, propane heaters, propane hot water heaters and all with kitchenettes. Guests can enjoy the centrally located courtyard with seating areas to visit and enjoy the mountain views, outdoor grilles and a separate laundry cabin with 4 washing machines and 2 dryers. The Town Square Mini Mart & Gas Station offers a 847+/- sq. ft. convenience store with a new point of sale computer system, completely upgraded fuel system with storage tanks and 2 double sided gas pumps. Business trade name, domain name, client lists, vendor/supplier lists, equipment, fixtures, shelving, inventory, commercial ice maker and 2 detached storage sheds will all be included in the sale and convey at closing. The 2-story owner's/manager's log cabin residence offers 1,550+/- sq. ft. with 2 bedrooms, 1 3/4 baths, propane efficient Rinnai heater downstairs and remodeled galley style kitchen and remodeled downstairs full bath. Lake City (elevation 8,679') is located in the heart of the beautiful San Juan Mountains along the scenic Alpine Loop and the base camp for all outdoor enthusiasts and tourists primarily during the summer/fall seasons. This is a prime opportunity to own and operate an established southwestern Colorado business in the beautiful and most remote county in the lower 48 states. *Owner financing contingent upon price, terms and buyer qualifications acceptable and approved by Sellers.

Location

State CO

County Hinsdale

Interior

Heating Electric Baseboard, Other

Flooring Carpet, Laminate, Other, Vinyl

Furnishings Furnished

Exterior

Garage Dirt, Off Street, 10-20 Total Spaces, Common, In Rear of Building

Utilities Available Electric, Internet, Phone, Propane-Tank Owned, Water

Waterfront No

Roof Type Metal

Building

Story 1

Foundation Crawl Space, Other, Slab, Stone

Sewer Public Sewer Installed

Water Public

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Hall Realty, Inc.

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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