Very well-kept Inn and Suites in the heart of Cedaredge Colorado. Solid numbers and a recent appraisal to support the Asking price. Additional business, Scoops ice cream parlor adds to the revenue, as does a well-cared for doublewide mobile home rental on site. The owners also have an owner's suite, 2 bed 2 bath and a two-car garage. Located on the South Slope of the Grand Mesa in sunny western Colorado. Walking distance to Grocery, Downtown, Schools, Golf and more. Nordic skiing, Down Hill skiing, Hiking, Fishing, Hunting are all within an hour drive. Come take a look for yourself.
This property is in good shape, and currently being used as residential rental income. t It could also be used for multiple office spaces. The large front of the building, is a beautiful store front . You can have you home and Business too !
Great investment opportunity with this 9-Unit mobile home park, along with 3 extra lots to lease out or place additional trailers/manufactured homes. All units are park/Seller owned, with 8 currently leased, and 1 vacant needing nominal renovations. Over the last 24+- months the 8 units, and grounds have undergone approx. $300,000 in renovations (original dates of units range from 1966-1983, albeit the 8 renovated are modernized). The in-place NOI of $102,296 generates an 8.56% CAP Rate, with upside from the 1 vacant trailer, and 3 lots. Upon full lease-up and a 5% Mkt. Vacancy the projected cash-on-cash return with a 70% LTV is 12.55%. Nestled at the foot of Coloradoâ??s Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. Co-Listing agent is brother-in-law of Seller. Donâ??t miss this awesome investment Opp, call or email now to tour the property!
Courtesy: Tyler Donegan Duncan Real Estate Services, Inc.
Chad Tyler
301-370-3611
Great investment opportunity with this 9-Unit mobile home park, along with 3 extra lots to lease out or place additional trailers/manufactured homes. All units are park/Seller owned, with 8 currently leased, and 1 vacant needing nominal renovations. Over the last 24+- months the 8 units, and grounds have undergone approx. $300,000 in renovations (original dates of units range from 1966-1983, albeit the 8 renovated are modernized). The in-place NOI of $102,296 generates an 8.56% CAP Rate, with upside from the 1 vacant trailer, and 3 lots. Upon full lease-up and a 5% Mkt. Vacancy the projected cash-on-cash return with a 70% LTV is 12.55%. Nestled at the foot of Colorado’s Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. Listing agent is brother-in-law of Seller. Don’t miss this awesome investment Opp, call or email now to tour the property!
Tremendous opportunity to own and operate the "Lost Mesa Grill"! A staple of our community that provides a great food service with a Western Colorado atmosphere. This operates in (2) historic buildings in Downtown Cedaredge that have been upgraded and are home to the "Lost Mesa Grill". Zoned B-1 these properties are in a prime and highly visible downtown location with a high traffic count, both foot and auto! The interior has stylish upgrades that set the atmosphere with improved seating areas. Fire suppression system is also in place. Two (2) City Water Taps. The restaurant itself is a staple in the community and has good potential to grow and increase revenue. Cedaredge downtown is a revamping area with new and improved properties and business's going in. Limited dining options in town make this a great investment opportunity!
Unique Commercial Investment in town Building has two separate shop/warehouse spaces, 1 office space and a 1 bedroom apartment in the middle. 2400 sq ft on west end, 960 sq ft apartment, and 1920 sq ft shop/warehouse on east end. 3 phase power is in the building for special and heavy power equipment. Large Garage doors for easy loading and unloading. Ample parking for trucks, cars, trailers and equipment. Perfect for commercial metal or wood shop, auto restoration, home and work area... live in or rent the apartment. Great home business or investment property. Current Tenant signed a 1 year lease on apartment. This property has so many options that it could be used for or use as is and make an income!
CHARMING PROPERTY that backs up to a Wildlife Sanctuary in a great location at the end of Main Street in Cedaredge. Whether you want to open a boutique, an art studio, yoga studio, dentist office, doctors office, or a place to call home, this property is Zoned for Commercial or Residential! There are endless opportunities awaiting! This is a must see!
Doctors Office, Only the real estate is for sale. This could easily be converted into a duplex. A new ILC will be provided. Great location downtown Cedaredge. More than 1/2 of the structure was built around the year 2000. In great condition. Tenant has rights until November 1st 2022 Tenant will pay rent to the new owner thru November.
Commercial property for sale with multiple commercial storage buildings on 17.26 acres, which includes 11 acres of irrigated farm land, currently growing alfalfa. There is also a 3 bedroom, 2 bath homestead is situated on 3+- of the total acreage. 17,000+- square foot warehouses are located on 3+- acres, separately from the house. The main warehouse has 2 walk-in coolers that has blown insulation in both. There is 300 square foot dedicated office space and a menâs and ladies bathroom in the larger of the 3 warehouses. See associated docs for further information.
Own a little piece of Cedaredge history! State Highway 65 fronts this 2560 sq.ft. renovated restaurant building. Price includes the land, restaurant with a spacious dining area and separate room for the bar. All existing bar and catering equipment, existing fixtures and furniture are included as well. Renovations maximize a peaceful and fun environment with an outdoor deck and room for dining down by the creek to enjoy the tranquil setting. Come sit up at the bar and enjoy the game, or sit by the cozy gas fireplace and enjoy dinner in the winter. Inclusions to be verified at time of an offer is made. Price just reduced from $495,000 to $335,000!!!
Rare opportunity to own a nationally recognized hunting operation with a proven record of success. The Blue Creek Elk Ranch spans into two counties, the upper ranch and lodge are nestled in the high country between Montrose and Gunnison giving an outstanding alpine setting for hunting and lodging. The lower ranch, located in a much milder climate is near Cedaredge below the Grand Mesa, offering large pastures to grow and cultivate the elk. The lower ranch is made up of years of cumulating property for growing the elk. This is where the operation begins. The lower ranch consists of 7 parcels, encompassing approximately 330± acres. The ranch consists of facilities for maintaining the elk herd, pastures for feeding the herd, water rights, and housing for ranch staff. Most of the lower ranch can be irrigated. 290± acres of the 330± acres are irrigated land all done by underground irrigation system and above ground gated pipe. Some of the best genetics come out of the ranch with the heaviest mass of any elk herd in North America as well as very wide bulls. Blue Creek Elk Ranchâs upper ranch is one of the most beautiful ranches in Colorado. The ranchâs diverse topography offers lakes, streams, Blue Spruce Pine, Douglas Fir Pine, White Spruce, quaking Aspen strands, high mountain alpine sage, and high mountain meadows all contributing to the growth of the trophy elk herds. The ranch sits at elevations of 7,800 to 9,600 feet, but at mostly level terrain. The upper ranch has its own water rights totaling 1.65± cfs. The hunting lodge is in the beautiful mountain area of Arrowhead. The lodge is not your typical hunting lodge, itâs a beautifully finished out 7-bedroom, 7- bathroom log masterpiece with two kitchens, huge main living area with stone fireplace, wood flooring, tongue and groove, stunning metal and rock details, private decks and porches, and stunning mountain themed furnishings throughout. The hunting is phenomenal, not only shown by its success but also by the testimonials of its hunters. The trophy elk hunts at the ranch start at around 350-inch bulls with the majority in the 375-450 range with bulls in the 500â650-inch range taken every year. During the fall elk rut, the elk herds can be found feeding in the big open mountain parks in the evenings and in the more secluded meadows in the mornings then moving into the dark timber for the middle of the day. Hearing bull elk bugle back in the dark timber and calling bulls in during the elk rut is one of the most amazing hunting experiences that there is in all elk hunting. As the aspen trees on the ranch turn golden yellow, signaling fall, you can start to hear the ringing of elk bulges all over the ranch. With the high density of bull elk on the ranch, the elk bugles can be heard continually throughout the ranch during September and October. With a high bull to cow ratio and monster 400 inch plus typical bulls throughout the ranch, it is an amazing sight to see during the fall elk rut. With the beautiful scenery and vast numbers of elk, there is no place with a better setting to be hunting trophy elk than the Blue Creek Elk Ranch. The ranch has been owned by one family for the last 20 plus years. Its success comes from the passion and respect that the ranch gives back to the mountains. Imagine seeing over 100 head of elk each day of hunting with 30+ bulls mixed in, cool mountain air, the wind blowing through the pine trees and elk bugling everywhere. The ranch encompasses one of the most beautiful hunting areas in Colorado, making this turnkey profitable hunting operation a must see!
SELLER FINANCING AVAILABLE! Up and running Carwash in the heart of Cedaredge that has been completely remodeled from the inside out. New roof and all new equipment with additions of vacuums and a vending machine of vehicle accessories as well as a new change dispenser. Security system included with the cameras. Great business opportunity.
GREAT BUSINESS OPPORTUNITY with this beautifully remodeled and updated, well established restaurant in Cedaredge. RJ's Restaurant has been a staple in this great community and is known throughout as one of the best Steakhouses around the area. The current owner has put a great deal into making this a place that the town of Cedaredge can be proud of. Here is a list of updates to the place; a new kitchen with commercial appliances, fresh new seating area with new tables andchairs with a larger bar area, also has installed a new furnace and A/C as well as a new roof, siding and new customer bathrooms. This will be a turn-key deal with furniture, fixtures, equipment and inventory included. There are also TWO apartments attached: One upstairs and One downstairs. Lots of possibilities!
Extremely well maintained and inviting facility located in the heart of Cedaredge within close vicinity to the Grand Mesa. There are 30 rooms and 32 bathrooms. The hotel offers the comforts of home plus a completely remodeled indoor pool and hot tub, new vending machines and guest laundry available on site.
Where you are only a stranger but once! The best little watering hole is located in Cedaredge! Very successful and popular long time business. It really is the place where everybody knows your name!
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Cedaredge is located in Colorado. Cedaredge, Colorado has a population of 2,584. Cedaredge is more family-centric than the surrounding county with 25.71% of the households containing married families with children. The county average for households married with children is 24.22%.
The median household income in Cedaredge, Colorado is $39,605. The median household income for the surrounding county is $51,803 compared to the national median of $69,021. The median age of people living in Cedaredge is 50.8 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 14.7 inches per year, with 50.3 inches of snow per year.
