17460 Co RdBayfield, CO 81122

  • Wedding venues
  • 7,798 SF
For Sale
$599,900 View listing

Property Details for 17460 Co Rd

Year built
1962
Lot size
1.00 AC
Property size (Sq ft)
7,798 SF
Property type
Wedding venues
Property subtype
Retail properties

Description

Exceptional investment opportunity: The Lake House, a 7,798 square foot mixed-use building situated on a one-acre lakefront lot in Bayfield, Colorado. This unique property, built in 1962 and renovated in 2019, boasts a rich history within the Vallecito Lake community. Currently configured with three tenants, including residential units, office space, a conference room, meeting areas, and a coffee shop, the property offers diverse income streams. The building features a full commercial kitchen, expanding potential uses to include a restaurant or other commercial ventures. The 6,300 square feet of net rentable space is priced at $76.93 per square foot, with an asking price of $599,900. The two-story building includes 15 parking spaces and is zoned for mixed-use development. Located at 17460 Co Rd 501, Bayfield, CO 81122, this property benefits from its proximity to the Vallecito Lake and the Weminuche Wilderness, offering recreational opportunities and attracting a diverse clientele. The current leases have a remaining term of approximately one-tenth of a year, commencing October 1st, 2024, and expiring September 9th, 2025. The property's versatility and prime location make it an ideal investment for an owner/user seeking a unique and profitable venture. The Lake House is currently used for weddings, family reunions, fundraisers, meetings, and artisan events, demonstrating its adaptability and potential for continued growth.

17460 Co Rd, Bayfield, Colorado

Location Insight

City
Bayfield
County
La Plata
State
Colorado
Latitude
37.4293
Longitude
-107.557

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