Active

38283 Highway 24

Lake George CO, 80827

$895,000


Active

Commercial

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.

8145821

MLS ID

June 21, 2024

Listed

December 29, 2024

Updated

Map

38283 Highway 24
Lake George CO, 80827

Other Property Details

Taxes

$3,105


Tax Frequency

Annually


Garage

No


View

No


County

Park


Pool

No

Listed by Michael Slaback, Your Neighborhood Realty, Inc.

Listing Contact: 7196872222

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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Data Last Updated: 12/29/2024

©2025 Pikes Peak REALTOR® Services Corp, All rights reserved.       

 

Powered byLuxury Presence