1112 Grand Avenue

$ 798,000
MLS Number: 9930941
Location: In Town
Bedrooms: 4
Bathrooms: 4
Square Feet: 5000
Acreage: .115
Year Built: 1975
Taxes: $ 6862.76
County: Grand

SOLD at $ 775,000
Sold On: July 2, 2020

Listed by: Mountain Lake Properties

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Great in-town commercial building on Grand Lake's Boardwalk with 3 nightly rental residences above. 
5000 square feet (about 2500 up and 2500 down).
Large south-facing Lakeside Deck overlooks Grand Lake.  
One of the few properties along the boardwalk where you own a piece of Grand Avenue with a direct connection to the lake and to the beach through a town park. Protected Views! 
Ideally located between Polly's Sweet Shop and Whispering Pines.

R143710 Town of Grand Lake: Lot 6, Block 4. 1112 Grand Avenue $798,000


Click a photo below to view a larger version:

  • View from the deck - from our archives.
  • Lake View deck is shared between the three residential units.
  • Looking on to the Lake View deck. 3 storage closets are on the lower level.
  • Covered parking behind the building.
  • Retail space, right on the boardwalk!
  • Two doorways currently connect the retail spaces giving it flexibility to use as one or two shops.
  • Back room currently staged to display this fine log furniture set.
  • Storage room for the retail space.
  • Studio apartment has a Lake View
  • Views of Grand Lake from both kitchen and living room in the 1 bedroom apartment.
  • 3 bedroom apartment has fine wood detailing along wall and ceiling.
  • Spacious Master Suite in the 3 bedroom apartment
  • Bonus room in the three bedroom apartment.
  • All apartments share this laundry area.

Click here to see attached the nightly rental description of each of the three residential rentals; a studio, a one bedroom, and a 3 bedroom, all updated with mountain decor and furnished with lovely log furniture (residential furnishings are included).  Each apartment has a storage area along the back by the parking area. 

Town water, public sewer. No homeowners association. Zoned commercial, so no nightly rental business license required. Access for on-site parking is down the alley on the south side; just turn in behind Pancho & Lefty's. Impressive retaining wall on the west side assures privacy from that direction. Built in 1950 and updated over the years, the building has a fascinating history of being different store fronts as time has passed. Two separate entrances; put in a couple of small wall pieces and you will have two shop spaces, not just one as you have now.
Residential finishes have mostly been completed since the year 2000. Contents of retail space are excluded.
50 feet along the boardwalk and 50 feet along the lake side/ town park, 100 feet deep.

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