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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
  • Unit 5
  • 1,260 SF
  • Office/Retail
  • $619,474 CAD ($491.65 CAD/SF)
  • -
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.

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

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 1,260 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Building Class C
Floors 1
Typical Floor Size 1,260 SF
Year Built 2005
Lot Size 0.18 AC
Parking Ratio 3.17/1,000 SF
Zoning Mixed Use

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 1,260
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
  • Listing ID: 40701720

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 101 Lake Ave, Grand Lake, CO 80447

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