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231 N Gunnison Avenue Lake City, CO 81235
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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
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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