Dairy King 629 Grand Ave 984 SF 100% Leased Retail Building Grand Lake, CO 80447 $898,000 ($912.60/SF)

First fast food place as you leave the west entrance of Rocky Mountain National Park and first one as you enter the year round resort of Grand Lake, CO. Everyone drives past your location as they enter town and then again as they leave town! Plenty of parking. No franchise fees. This could be any kind of restaurant - or retail! Large Home could be for you, for employees or update it and let it be a place for you to rent out nightly or monthly for additional income. This property is a fixer-upper, ready for its new incarnation. Many more details and income figures are available from when the business was in full operation; just ask us for the email presentation.  R147260  Lot 16, Block 21  #629 Grand Avenue. Price reduced from 999,000 to $898,000 so that you can update the flooring.
Location:
Customers enjoy a great view of Mount Baldy from the outdoor part of your seating at the beginning of Grand Lake's boardwalk! The restaurant's equipped kitchen and indoor seating is about 984 square feet. There is no fast food place from here to Granby in the winter months. When it was open full time in summer, the Dairy King kept longer hours than the other restaurants - from about 10 am to 10 pm - and there is enough business for all to do well. You can catch the large groups leaving the theater six nights a week and the late night crowd coming and going from the bars.
What you have here is what other business owners in town dream of - to be able to provide employee housing on site. You can negotiate housing as part of your employee compensation. If you do not have another residence in the area for yourself, you could possibly live on one level and have employees on a different level. If you are thinking about such an arrangement, we will recommend questions for you to get answers to, when you speak with the town about your plans for the property, current and future. No association, no covenants.
The Large Home
behind the building was built in 1989, in a passive solar design. It is now about 2200 square feet. The mid-level is living/ kitchen/ dining with a big sun room and large bath. Upstairs are 2 more bedrooms and a second bath with a second sun room! Lower level is mostly storage right now yet it can add a lot of living space!
Directions:
As you enter Grand Lake, head down the main street. This is on your left, at #629 Grand Avenue. Shown by appointment.