419 Garfield StGrand Lake, CO 80447

Exceptional investment opportunity: a 15-suite motel located at 419 Garfield Street, Grand Lake, Colorado, 80447. This established hospitality property boasts 6,592 square feet on a 0.34-acre lot, built in 1965. Its prime location directly overlooks Colorado's largest natural lake, offering unparalleled views from each of its 15 suites. The motel is situated just off the boardwalk, a short walk from a sandy beach and swimming area, providing guests with easy access to recreational activities. The property's proximity to shops, restaurants, marinas, the town square, a theater, and other attractions further enhances its appeal. With a capacity to sleep up to 56 guests, this motel presents significant revenue potential. On-site parking is available for guests. An adjacent bakery offers a potential partnership for bed and breakfast services. The property also includes an upper-level apartment, ideal for owner occupancy or employee housing. The asking price is $2,590,000. Property records indicate the parcel is Block 11, Lots 14-16.