252 S Gunnison Avenue Lake City, CO
$ 495,000
Property Attributes
  • MLS#780479
  • TypeSingle Family
  • CountyHINSDALE
  • CityLake City
  • AreaLake City
  • Zip81235
  • StyleRanch
  • Year Built1965
  • Taxes3726
  • Price$ 495,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage3021
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Signature Properties Ebner & Associates, LLC
Data Source:
Colorado Real Estate Network
Property Description

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 you’re 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.

Elementary School Middle School High School
Lake City K-12 Elementary School Lake City K-12 Middle School Lake City K-12 High School
Price History
4/8/2021 Listed $495,000

General Features

Cooling Forced Air
Green Certification Y/n No
Heating Electric Baseboard
Hoa Y/n No
Interior Features Wood Stove, Window Coverings, W/D Hookup, Pantry
New Construction Y/N No
Status Active
Status Active
Style Ranch
Subdivision None
Type Stick Built
Utilities Electric
Windows Metal, Wood
Zoning Commercial, Mixed-Use

Interior Features

1/2 Baths 1
Dining Room Yes
Family Room Yes
Full Baths 1

Exterior Features

Carport No
Construction Type Wood Frame
Lot Dimensions 14, 025
Lot Size Area 0.32
Water Rights/irrig. No
Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81235

AVG $700K
AVG $2,164
AVG 183
Year Built
AVG 1992