$495,000
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252 S Gunnison Lake City, CO 81235
Single Family
Residence
3
Beds
2
Baths
Sq. Ft.
0.32
Acre
Lot
Property Activity
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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 youâre 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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MLS#
780479
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full/1 Half
Year Built
1965
Price per Sq. Ft.
$163.85
Lot Size
0.32
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