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38283 Highway 24

Lake George, CO 80827
  • $895,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 9945721
$895,000
  • 0
    BEDS
  • 1.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Your Neighborhood Realty, Inc.: 719-687-2222.

Description

Amazing investment property with numerous revenue generating possibilities. This property has amazing potential for many different purposes. Featured in the property are a 1,200 square foot cafe area; 1,150 square foot bar/office area; 690 square foot operating retail fly shop; newly remodeled 1 bedroom apartment; detached 520 square foot newly remodeled studio apartment with a new 6 x 24 wooden deck. Commercial well installed in 2017. Commercial septic system installed in 2017. New furnace in 2023. Dual pane windows with transferrable lifetime warranty. This property has a minimum of 7 different revenue generating possibilities. The 1.37-acre property includes mixed use 0.34-acre lot as well as a 0.68 residential lot. This property is ideal for transforming into a bustling hotspot for tourists and locals. Whether you're whipping up culinary delights for hungry guests or outfitting anglers for a day on the nearby lakes and rivers, the possibilities here are as vast as the surrounding landscapes. Natura lovers will thrive with the Eleven Mile Canyn Recreation Area only a stone's throw away. Engage in endless outdoor activities ranging from fishing at the acclaimed Eleven Mile and Spinney Mountain Reservoirs to exploring scenic trails that promises breathtaking views and heart-pumping adventures. This property benefits from significant traffic and excellent visibility on US-24 making it a strategic spot for any business. In addition, the residential units provide flexibility for on-site management or additional rental income. If you're looking for a property that combines business potential and lifestyle opportunities, look no further.

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Pikes Peak Multiple Listing Service logo CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-07-23T23:40:50.693.
www.ccsignaturegroup.com/homes/151999012
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38283 Highway 24 Lake George, CO 80827

  • Price: $895,000
  • Status: Active
  • On Site: 28 Days
  • ID#: 9945721
0
Beds
0
Baths
0
½ Baths
1.37
Acres
1947
Built
Neighborhood:
Lake George Park
County:
Park
Area:
Lake George
School District:
Park Re-2
Property Description
Amazing investment property with numerous revenue generating possibilities. This property has amazing potential for many different purposes. Featured in the property are a 1,200 square foot cafe area; 1,150 square foot bar/office area; 690 square foot operating retail fly shop; newly remodeled 1 bedroom apartment; detached 520 square foot newly remodeled studio apartment with a new 6 x 24 wooden deck. Commercial well installed in 2017. Commercial septic system installed in 2017. New furnace in 2023. Dual pane windows with transferrable lifetime warranty. This property has a minimum of 7 different revenue generating possibilities. The 1.37-acre property includes mixed use 0.34-acre lot as well as a 0.68 residential lot. This property is ideal for transforming into a bustling hotspot for tourists and locals. Whether you're whipping up culinary delights for hungry guests or outfitting anglers for a day on the nearby lakes and rivers, the possibilities here are as vast as the surrounding landscapes. Natura lovers will thrive with the Eleven Mile Canyn Recreation Area only a stone's throw away. Engage in endless outdoor activities ranging from fishing at the acclaimed Eleven Mile and Spinney Mountain Reservoirs to exploring scenic trails that promises breathtaking views and heart-pumping adventures. This property benefits from significant traffic and excellent visibility on US-24 making it a strategic spot for any business. In addition, the residential units provide flexibility for on-site management or additional rental income. If you're looking for a property that combines business potential and lifestyle opportunities, look no further.
Exterior Features

Foundation Details Partial Basement Lot Size 1.3680 Lot Size Units Acres Roof Composite Shingle Siding Log Structure Frame

Interior Features

Cooling Ceiling Fan(s) Heating Electric Laundry Facilities Common

Property Features

Earnest Money 10000 Income Property Sub Type Mix Use Notices Not Applicable Tax Amount 3104.90 Tax Year 2023 Terms CashConventional Unit Count 1 Utilities Electricity Connected Water Well



Pikes Peak Multiple Listing Service logo CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-07-23T23:40:50.693.
 
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CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury
2075 Research Parkway Ste B
Colorado Springs CO, 80920
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Your Neighborhood Realty, Inc.: 719-687-2222.