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101 Lake Ave - 101 Lake Ave, Unit 5 1,260 SF Office/Retail Condo Unit Offered at $619,474 CAD in Grand Lake, CO 80447

Investment Highlights
- Could be office or retails, or built out as residential condo unit.
Executive Summary
Located at the main entrance to Grand Lake, this 1,260 SF two-level condominium offers a rare combination of visibility, flexibility, and potential residential use in one of Colorado’s most recognizable mountain-lake communities. Every visitor entering town passes this location, creating strong exposure for a business while also placing the property close to Grand Lake’s shops, dining, lake access, Rocky Mountain National Park, and year-round recreation. The space includes approximately 682 SF on the upper level and 578 SF on the lower level, allowing for practical separation between public-facing areas, private workspaces, storage, living areas, or future residential use. Excellent natural light gives the unit a bright, comfortable feel. Currently operating as a salon, the layout could adapt to office, real estate or title services, medical, wellness, fitness, professional services, or similar owner-user applications. The property may also appeal to a buyer seeking a Grand Lake residential conversion opportunity. Per current information, the Town of Grand Lake would convert this unit to residential upon request. Buyer must independently confirm all zoning, permitted use, residential conversion requirements, HOA restrictions, building code requirements, utility requirements, costs, timelines, and approvals with the Town of Grand Lake, the HOA, and all appropriate governing authorities. This is a strong opportunity for an owner-user, investor, or buyer seeking flexible commercial/residential potential in a highly visible Grand Lake location with true four-season appeal.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange, Build to Suit |
| No. Parking Spaces | 4 | APN/Parcel ID | 119306230005 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| Sale Conditions | 1031 Exchange, Build to Suit |
| APN/Parcel ID | 119306230005 |
The space includes approximately 682 SF on the upper level and 578 SF on the lower level, allowing for practical separation between public-facing areas, private workspaces, storage, living areas, or future residential use. Excellent natural light gives the unit a bright, comfortable feel. Currently operating as a salon, the layout could adapt to office, real estate or title services, medical, wellness, fitness, professional services, or similar owner-user applications.
The property may also appeal to a buyer seeking a Grand Lake residential conversion opportunity. Per current information, the Town of Grand Lake would convert this unit to residential upon request. Buyer must independently confirm all zoning, permitted use, residential conversion requirements, HOA restrictions, building code requirements, utility requirements, costs, timelines, and approvals with the Town of Grand Lake, the HOA, and all appropriate governing authorities.
This is a strong opportunity for an owner-user, investor, or buyer seeking flexible commercial/residential potential in a highly visible Grand Lake location with true four-season appeal.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 1,260 SF | Office/Retail | $619,474 CAD ($491.65 CAD/SF) | - |
Unit 5
| Unit Size |
| 1,260 SF |
| Condo Use |
| Office/Retail |
| Price |
| $619,474 CAD ($491.65 CAD/SF) |
| NOI |
| - |
Unit 5
| Unit Size | 1,260 SF |
| Condo Use | Office/Retail |
| Price | $619,474 CAD ($491.65 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| Sale Conditions | 1031 Exchange, Build to Suit |
| APN/Parcel ID | 119306230005 |
| Description | |
| Located at the main entrance to Grand Lake, this 1,260 SF two-level condominium offers a rare combination of visibility, flexibility, and potential residential use in one of Colorado’s most recognizable mountain-lake communities. Every visitor entering town passes this location, creating strong exposure for a business while also placing the property close to Grand Lake’s shops, dining, lake access, Rocky Mountain National Park, and year-round recreation.<br> <br> The space includes approximately 682 SF on the upper level and 578 SF on the lower level, allowing for practical separation between public-facing areas, private workspaces, storage, living areas, or future residential use. Excellent natural light gives the unit a bright, comfortable feel. Currently operating as a salon, the layout could adapt to office, real estate or title services, medical, wellness, fitness, professional services, or similar owner-user applications.<br> <br> The property may also appeal to a buyer seeking a Grand Lake residential conversion opportunity. Per current information, the Town of Grand Lake would convert this unit to residential upon request. Buyer must independently confirm all zoning, permitted use, residential conversion requirements, HOA restrictions, building code requirements, utility requirements, costs, timelines, and approvals with the Town of Grand Lake, the HOA, and all appropriate governing authorities.<br> <br> This is a strong opportunity for an owner-user, investor, or buyer seeking flexible commercial/residential potential in a highly visible Grand Lake location with true four-season appeal.</li></ul> |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 1,260 |
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101 Lake Ave - 101 Lake Ave, Unit 5
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