210 Rapids LN Active Save Request In-Person Tour Request Virtual Tour
Grand Lake,CO 80447
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $288
MLS Listing ID 2703503
HOA Y/N No
Year Built 1915
Annual Tax Amount $10,370
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Retail
Source recolorado
Property Description
Only $2,190,000 for 7,000 square feet of streamside charm. Location! The Rapids Restaurant - Riverside Destination Dining year round, just off the Boardwalk and near Grand Lake's Beach - could even be something other than a restaurant - perhaps a spa, using those 6 charming rooms? offering wine & cheese & appetizers along the river? Owner's home/ manager's quarters are included. Seller financing is available. This 7,000 square foot building out of Grand Lake's past could even be your own private riverfront home, when fall comes.
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 employee rooms each with a private bath that can be easily converted for Bed & Breakfast guests. Plus a Spacious 2 bedroom/ 2 bath owner's apartment on the private third floor. Leave your windows open all summer to hear the sounds of the clear cold water coming from out of the Rocky Mountain National Park just up the hill. Lunch is served outside along the river through the summer months and into the fall! Ownership includes land to the middle of the stream - 100 feet along and below the waters of the North Inlet. Just beyond the east end of the Boardwalk, 2 1/2 blocks from the beach! Reduced from $2,950,000 to $2,190,000 so that you can update it as you like. although the building is part of Grand Lake's colorful past, there are no restrictions related to a historic designation; we can explain the particulars of parking, etc.
Four months of the year, the Rapids is only open 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 - plus you can provide housing for a large number of employees, or collect rental income from those rooms. R148150 #210 Rapids Lane
Location
State CO
County Grand
Zoning Commercial
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional