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Rocky Hi Speedway 510 Center Dr

563 SF 100% Leased Retail Building Grand Lake, CO 80447 $1,842,711 CAD ($3,272 CAD/SF)

Investment Highlights

  • Heavy Daytime Traffic
  • One of the few remaining commercial lots
  • Growing Tourist Town

Executive Summary

510 Center Dr, Grand Lake presents a fantastic investment opportunity in the growing tourist town of Grand Lake. Featuring the West entrance to Rocky Mountain National Park, the picturesque town of Grand Lake has witnessed an increase in tourist traffic YOY. This lot is the single best, as well as the only, commercial lot available in Grand Lake, CO. This lot features .66 acres of flat, level, ground as well as 2 water taps (a $13,000 value) and 2 sewer taps (a $21,000 value) included in the sale! The Town of Grand Lake does have plans in place to extend the boardwalk beyond this property. Everyone who drives through Grand Lake will see this property from the road.
Land can be sold separate from the business. The price of the land is $1,100,000.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
563 SF
Building Class
C
Year Built
2004
Price
$1,842,711 CAD
Price Per SF
$3,272 CAD
Business Value
$283,494 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
0.66 AC
Zoning
AA0 - Zoned for commercial development
Parking
9 Spaces (10 Spaces per 1,000 SF Leased)

About 510 Center Dr , Grand Lake, CO 80447

510 Center Dr, Grand Lake is .66 acres of commercially zoned land. The property is flat, completely usable, and would be easy to build on. The property comes with 2x WATER TAPS ($13,000 value) and 2x SEWER TAPS ($21,000 value).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R308773
Land Assessment
$47,759 CAD
Improvements Assessment
$44,781 CAD
Total Assessment
$92,540 CAD
  • Listing ID: 33680398

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 510 Center Dr, Grand Lake, CO 80447

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