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    252 S Gunnison Avenue

    Lake City, CO 81235
    • $495,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 780479
    UPDATED: 192 min ago
    $495,000
    • 3
      BEDS
    • 0.32
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 3,021
      SQFT
    • $164
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1965
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Signature Properties Ebner & Associates, Llc.


    Description

    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 youre 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.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-05-05T23:56:27.723.
    www.crestedbutteliving.com/homes/115859430
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    252 S Gunnison Avenue Lake City, CO 81235

    • Price: $495,000
    • Status: Active
    • Updated: 192 min ago
    • MLS #: 780479
    3
    Beds
    1
    Baths
    1
    ½ Baths
    0.32
    Acres
    3,021
    SQFT
    $164
    $/SQFT
    1965
    Built
    Neighborhood:
    None
    County:
    Hinsdale
    Area:
    Lake City
    Elementary School:
    Lake City K-12
    Middle School:
    Lake City K-12
    High School:
    Lake City K-12
    Property Description
    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 youre 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.
    Exterior Features

    Carport No Construction Type Wood Frame Garage No Lot Dimension 14025 Property Attached Yes Street Description State HighwayCountyPaved Style Ranch Utilities Electric Water Well No Waterfront YN No Windows MetalWood

    Interior Features

    Additional Living Quarters No Cooling Forced Air Dining Room Yes Family Room Yes Heating Fuel Source Propane Heating System Electric Baseboard Interior Inclusions Wood StoveWindow CoveringsW/D HookupPantry One Quarter Baths 0 Total Office Dens 0

    Property Features

    Current Use CommercialMixed-UseResidential Green Certification No Hoa No New Construction YN No Possible Property Use CommercialMixed-UseMountain RecreationResidentialResort Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2020 Total Taxes 3726.36 Water Rights No Zoning CommercialMixed-Use

    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.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-05-05T23:56:27.723.
     
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    The Dawn Howe Group | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of Signature Properties Ebner & Associates, Llc.