210 Rapids Ln 7,608 SF 100% Leased Retail Building Grand Lake, CO 80447 $1,690,000 ($222.13/SF)

Riverside Destination Dining with Owner's/ employee quarters. Just off the Boardwalk & Beach
At 7,000 square feet and ownership of land to the middle of the stream, this is the only commercial property along the streams in Grand Lake. Active, open, ready for you to step in and make it your own! Price reduced from $2,450,000 to $1,690,000 to make it easy for you to remodel with your own ideas.
This remarkable location could be something other than a restaurant. Perhaps a spa, with those 6 charming rooms? Wine & cheese, small plates/ appetizers along the river?
Your own private 8 bedroom home? Owner's home & Employee quarters are included at this price - no need to buy a million dollar waterfront home when you can live here & collect income as well.
Guests enjoy dining along the river year round at this popular restaurant & bar, just a few blocks before it spills into Colorado's largest natural lake: Grand Lake.
Winter hours are Wednesday through Saturday, 4:30 pm until... Come and enjoy it, yourselves!
Seller financing is available.
Floor plan
4,000 square foot restaurant/ bar/ banquet room/ lobby level seats about 100 guests inside and 45 outside.
Another 2600 square feet on the middle level: 6 unique employee rooms, each with a private bath, that can be easily offered to Bed & Breakfast guests.
Plus, a Spacious 2 bedroom/ 2 bath owner's home / manager's quarters on the private third floor adds another 984 square feet.
Leave your windows open all summer to hear the sounds of the clear cold water coming out of the Rocky Mountain National Park just up the hill.
Rapids Lodge & Restaurant features a marvelous website. https://www.rapidslodge.com/ This tells about the history of the property, menus, etc.
What a Location!
Click on the arrows below each photo on this link to see so much more of what your guests will enjoy within a short walk:
https://www.mountainlakeselection.com/Grand-Lake-Boardwalk-and-Town-Square
Map is attached.
Rapids Lodge and Restaurant is shown along the right hand side of the attached map. An easement for parking, snow and trash removal is on the properties on the left side of the map, for your benefit. This survey shows the topography lines. The owners have built up the shoreline over time and the land is enjoyable all the way to the water.
Grand County describes this as Sunnyside Addition to Grand Lake: Lot 18, Block 1 plus a tract east of Lot 18 to the center of the North Inlet stream
Income figures are available upon request. Please sign the attached non-disclosure form, scan and email it back.
We have been told that gross income by the end of 2025 was just over $1,000,000. Most winter weekends, Grand Lake has special events: winter carnival, pond hockey, ski-joring, ice fishing contests. Winter months are great here in the Snowmobile Capital of Colorado. For the four less busy months, The Rapids was open only on Fridays and Saturdays; that is a pretty nice work schedule.
Please keep in mind that in addition to making money from the bar & restaurant, you own a home along the river in town at no extra cost - that is a value of a million dollars. Plus - for no extra money - you are able to provide housing for a large number of employees, or you could collect rental income from those rooms by offering them as nightly lodging.
Potential for Restaurant:
Rapids is open for lunch daily well into the fall, except on Mondays and Tuesdays. Speaking for locals and vacation homeowners, we would love to have lunch offered in this fabulous setting year round (indoors in winter & spring, please!) and every day in the summertime! Since many of us take vacations in April and November, your bar & restaurant would be one of the very few places open if you choose to serve lunch and/or dinner during those 2 quiet months in Grand Lake. Another breakfast location - or a Wine & Tapas bar - would be welcome! Bring your own ideas to our town.