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252 S Gunnison AvenueLake City, CO 81235Price: $495,000

  • Price: $495,000
  • Est. Mortgage of $/month
  • 13 Days on Market
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Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $495,000List Price
  • 3Bedrooms
  • 1965Year Built
  • 3,021Square Feet
Listed by Alexandra Richland and Jesse Ebner of Signature Properties Ebner & Associates, LLC

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Welcome to The General Store in downtown Lake City, Colorado! This mixed use property is bursting with potential for the new owners. The front part of the building (1,975 sq ft) has been run as the General Store for 27 years, providing locals and visitors with everyday necessities and conveniences. The store has proved valuable to the town as it consistently generates six figures in annual gross revenue. The back of the building is a lock-off 3 bed/1 bath apartment (1,226 square feet). This could be owner occupied, long term rented, or even used as a vacation rental. This property is not located in the historic district and is subject to county zoning only. That means there is a lot of flexibility for a new owner in terms of what they can do with the property. They could keep the property as is, or they could change the use, maybe turning part or all of it into a restaurant, sandwich shop, art gallery, or clothing store. You could even add onto the building to expand the commercial and/or residential space. If you’re unfamiliar with the location, Lake City is both an old, historic western town and bustling outdoors man's paradise. There are literally endless activities to participate in year round! In the summer, enjoy boating and fishing on Lake San Cristobal, hiking nearby 14ers, off roading on the famous Alpine Loop, and attending local events like the Lake City Wine Festival. In the fall and winter, take advantage of trophy hunting in GMU 66, ice fishing and skating on alpine lakes, and skiing at a local ski hill. Call us today to learn more about what this incredible town and property have to offer.

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated April 20, 2021

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