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240 Hancock Street

Grand Lake, CO 80447
  • $1,650,000
  • STATUS: Active
  • ON SITE: 91 Days
  • ID#: 2232536
UPDATED: 55 min ago
$1,650,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,376
    SQFT
  • $307
    $/SQFT
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Mountain Lake Properties.

Description

Ideally located building with eight year round rentals for nightly/weekly or monthly income! Or, house your extended family and friends for resort fun all year long! 5200 square foot Building just two blocks from Grand Lake's Boardwalk shops and restaurants and three blocks from the public beach. Seven individual one bedroom suites, most with an electric fireplace in the open living/ dining/ kitchen and private bath. There is also one "studio" unit and a big commercial laundry room. R143231 Lot 3, Block 1, Town of Grand Lake #240 Hancock Street $1,650,000 This property does have potential to be subdivided in the future and sold off as individual condominiums. One would need to go through a process with the town of Grand Lake. The structure was built so that 7 can be sold individually if you follow the Town's requirements and are granted final approval. A "combining deed" was recorded, stating that this Lot 3 was combined forever with Lots 4 and 5 unless the Town changes this. Seller is asking for this to be changed. Please be aware that this purchase is contingent on the combining deed being revoked prior to closing.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Arnie Stein Team | RE/MAX Masters Millennium are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.arniesteinteam.com/homes/120920408
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240 Hancock Street Grand Lake, CO 80447

  • Price: $1,650,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 55 min ago
  • ID#: 2232536
7
Beds
8
Baths
0
½ Baths
0.17
Acres
5,376
SQFT
$307
$/SQFT
2003
Built
Neighborhood:
Sunnyside Addition To Grand Lake
County:
Grand
Area:
Grand Lake
Elementary School:
GRANBY
Middle School:
East Grand
High School:
Middle Park
School District:
East Grand 2
Property Description
Ideally located building with eight year round rentals for nightly/weekly or monthly income! Or, house your extended family and friends for resort fun all year long! 5200 square foot Building just two blocks from Grand Lake's Boardwalk shops and restaurants and three blocks from the public beach. Seven individual one bedroom suites, most with an electric fireplace in the open living/ dining/ kitchen and private bath. There is also one "studio" unit and a big commercial laundry room. R143231 Lot 3, Block 1, Town of Grand Lake #240 Hancock Street $1,650,000 This property does have potential to be subdivided in the future and sold off as individual condominiums. One would need to go through a process with the town of Grand Lake. The structure was built so that 7 can be sold individually if you follow the Town's requirements and are granted final approval. A "combining deed" was recorded, stating that this Lot 3 was combined forever with Lots 4 and 5 unless the Town changes this. Seller is asking for this to be changed. Please be aware that this purchase is contingent on the combining deed being revoked prior to closing.
Exterior Features

Architectural Style Low Rise Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Size Area 0.17 Lot Size Square Feet 7405 Parking Total 6 Roof ArchitecturalShingle Structure Type Low Rise

Interior Features

Appliances DryerDishwasherDisposalMicrowaveOvenRangeRefrigerator Basement YN No Bathrooms Full 7 Bathrooms Half 0 Bathrooms One Quarter 0 Cooling None Heating Electric Heating YN Yes Levels Two Living Area Sq Ft 5376 Rooms Three Quarter Bath (Main Level) Full Bath (Main Level) Full Bath (Main Level) Full Bath (Main Level) Full Bath (Upper Level) Full Bath (Upper Level) Full Bath (Upper Level) Full Bath (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Rooms Total 15 Three Quarter Baths 1

Property Features

Above Grade Finished Area 5376 Association YN No Building Area Source Public Records Construction Materials Frame Exclusions Ask Us For A List. Listing Terms CashConventional1031 Exchange Ownership Corporation/Trust Possession Closing Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 12560 Tax Year 2021 Utilities Cable AvailableElectricity ConnectedNatural Gas AvailablePhone Available Water Source Public Zoning Multi Family High Density

Listing courtesy of Mountain Lake Properties: MLS #2232536


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Arnie Stein Team | RE/MAX Masters Millennium are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Arnie Stein Team | RE/MAX Masters Millennium
6020 Greenwood Plaza Blvd #100
Greenwood Village CO, 80111
Offered by Mountain Lake Properties.