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600 Marina Dr
Grand Lake, CO 80447
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Set back from main street in a more secluded quite area in town. RELAXING! Steps away from the lake and a few blocks from down town.
  • Imagine a safe haven for you and your extended family. Surrounded by the Rocky Mountains and located just 5 minutes from the entrance to Rocky Mounta

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
9,332 SF
Year Built/Renovated
1937/2000
Building Height
2 Stories
Building FAR
1.35
Lot Size
0.16 AC
Zoning
PD - Planned Development

ABOUT 600 MARINA DR , GRAND LAKE, CO 80447

Detailed Information: Rocky Mountain Resort/Restaurant/Cabins/Catering & Event Center This 2.67 parcel of land perfectly located in the village of Grand Lake Colorado is the last parcel of commercial land this size to be found inside the town limits. Location: Grand Lake, CO Inventory: Included in asking price Real Estate: Owned Included in asking price Building SF:9,000Furniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities:9000 sq foot main lodge building. In Main Lodge building: 3br/3ba upstairs apt. Large Commercial kitchen Restaurant seating 62-72 Bar/Lounge seats 32 inside Covered outdoor bar patio seats 36 "Turn Key" Inventory to operate restaurant and catering included 6 nightly rental cabins with common grounds. On grounds fire pit, picnic area, horseshoe pit and volleyball court. 6 Employee cabins in addition to the 6 nightly rental cabins, Large workshop/garage, Housekeeping laundry facilities, 2 outdoor event pavilions. Upper pavilion seats 60 with Lower pavilion seats 100 Max seating 110 indoor Competition: There are only so many nightly pillows in Grand Lake. With that said there is a smaller market of individual nightly cabin rentals available to the public vs motel accommodations. Our niche is cabins vs rooms. Our market is seasonal ( although year round economy is building rapidly) which allows owners the flexibility of time off in the fall and spring for maintenance and repairs or nice extended vacations. Our restaurant is the only named "Steakhouse" in the county with an award winning reputation. For more information on the area go to http://gGrowth & Expansion: Being established since 1938 this property is well known as a successful, family operation. In the market place there is room for growth for those with a keen knowledge of internet and social marketing, a desire to operate the restaurant by extending hours of operation to include breakfast and lunch during peak season. Enhanced marketing of wedding events, reunions and corporate retreats would prove to be great boost to your income. Financing: not willing to owner finance Support & Training: If purchased as currently operated owners would be willing to stay on for a full summer season in what ever capacity desired with a financial working agreement in place. This would include giving up all trade secrets of operation and all special maintenance and operation procedures in maintaining the cabins and overall property. All 2020-2021 bookings must be honored. Reason for Selling: Time to Retire! We have been in business (Daven Haven Lodge) 31 years as of 2020 Franchise: This business is an established franchise: Owned, updated, operated and cared for by only 3 families since the 1930’s, present owners have operated Daven Haven Lodge since 1990. After 30 years they are looking to sell and retire. Grand Lake is one of Colorado’s most popular summer/winter recreational and vacation destinations. Just 5 minutes from the West entrance to Rocky Mountain National Park this property is well maintained a natural beauty. Currently the owners having decided to take more personal time have slowed down a bit in operations/marketing and year round opening dates. Open Memorial weekend through mid-October. Re-opening Xmas week ,weekends only for the restaurant with continued nightly lodging through early March. There is MUCH GREATER INCOME POTENTIAL to be made if operated with new energy, updated marketing techniques and bright new ideas. The property is in good shape. Consistent upgrades and care for buildings and grounds has been maintained and improved annually. Backstreet Steakhouse also has a great local reputation currently open 5 nights Wed-Sun nights during peak summer season and weekends only in the winter; lots of potential to increase restaurant income adding additional nights and weekend breakfast and lunch. Additionally the seasonality of our community allows for the owners to close for vacation and/or repairs and maintenance Mid- March thru April (mud season) and late October thru November At times maintaining nightly rentals, currently closing the restaurant during these slower seasonal times. Weddings, Celebratory events and Retreats are a BIG income source. With proper marketing can book the facility on a year round basis. Potential is certainly there. For Sale... Main lodge building inclusive of turn key restaurant, banquet room, commercial kitchen, bar, front desk office, and lobby with 3 bedroom apartment/outdoor event areas and dining patios/laundry and maintenance buildings/ employee housing and out buildings, 2.67 acres inclusive of 6 cabins and contract with (or option to buy out separately) 6 additional home-owner rental cabins, full property plat for 2.68M. Additional cabins/tee-pees may be built if desired 3 already have water and sewer lines in the ground. Should the purchasing desire be other than to operate this property as currently run the ideas and possibilities are ALMOST endless because of our zoning. There is not another property of this size in the Village of Grand Lake or nearby surrounding area like it. Private, corporate, personal or organizational use is an option as is the potential to tear it all down & build something new. Water & sewer tap fees are valuable and this property has 14 of them with 2 additional water and sewer lines already brought inside the property. Historic Grand Lake is one of the VERY FEW resort communities that is surrounded by National Forest lands and Rocky Mountain National Park and it also sits on the southern shore of Grand Lake, Colorado’s largest natural lake, this property is worth the trip to check it out. Colorado is the seventh fastest growing state with a 3% increase of residents annually, creating a boom in our recreational economy. Now is the perfect time to invest! A new development 15 min down the road bringing 5000 permanent/seasonal residents to our area by summer 2020 is bound to have a substantial economic impact of great significance on future revenue. Business Website:http://davenhavenlodge.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R309241
Land Assessment
$43,650
Improvements Assessment
$181,360
Total Assessment
$225,010
  • Listing ID: 20460881

  • Date on Market: 7/30/2020

  • Last Updated:

  • Address: 600 Marina Dr, Grand Lake, CO 80447

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