912 Grand Avenue

$ 349,000
MLS Number: 3243609
Location: In Town
Square Feet: 1850
Acreage: .115
Year Built: 1932
Taxes: $ 4521.00 R146550
County: Grand
Listed by: Mountain Lake Properties

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Lots of personality... Sloping floors, primitive upper level... Imagine the tales these walls could tell!
Courthouse record show age as 1932, yet Grand County had no building department before the 1970's, so many dates were guesses.
From old photos, the seller believes the building could be as old as the late 1800's. 
In keeping with that, it is summer only: no insulation, mostly single pane windows, no central source of heat...
All of the modern conveniences are now available. The possibilities are as large as your imagination.
R146550 Town of Grand Lake: Lot 5, Block 11 #912 Grand Avenue


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Town water, public sewer, no association... Land size is 50 feet wide along the boardwalk by 100 feet deep.
The Town plows the alley in back as well as Grand Avenue, the main street of the village, along the boardwalk side.
 
There are folks who would love to lease shop space from you if you are not ready to run a business of your own at this time.
For 40+ years, this location has been a popular retail shop. Please do not speak with the current tenant; the business is not being sold.
This is real estate only. They have a lease until November 1, 2020, so if you purchase before that, you will receive the balance of the rent from the lease.
It comes to $12,000/year and is paid as $2,000/month from May through October. The tenant pays all utilities year round.
There is electric baseboard heat in a few of the rooms, yet not enough to heat the building comfortably once the weather turns cold. 
The wood burning stove has been used by the tenant in past years during spring and fall.
In the past couple of years, the sellers made approximately $16,000 worth of structural repairs; they resurfaced the roof about 12 years ago.
 
As part of your due diligence before completing your purchase, please speak with the Town about your intentions for the property to avoid any surprises 
such as parking requirements if you change the use or building tax if you add on... townofgrandlake.com  970-627-3435
The south side is currently on site parking by the aspen trees and a covered back patio for relaxing when taking a break from customers.

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