1601 Us Highway 34, Drake, CO 80515

Property Description

DEAL FELL DUE TO FINANCING - PRICE REDUCED $250,000. 22 plus acres - Beautiful Building and 12 RV spaces and also the US Post Office has ground lease. There is currently a bar/restaurant and beer garden in the Lodge along with 9 rooms upstairs, an up/down duplex and a managers apartment on the main floor. The 12 RV spaces are on the river. 11 has full hookups including electric, water and sewer, 1 has electric and water only. Rented out monthly from $900 a month to $1000 a month per space. The bar/restaurant has a full liquor license and the Commercial Kitchen is licensed and has a fire suppression system. All licenses are current and are included in the price. The duplex is a small studio upstairs and a 2 bedroom downstairs. The US Post Office has a ground lease with 2 five year extensions. After the 2013 flood, the river channel was reconstructed with specific intentions for enhanced fish habitat and widened and deepened to help prevent any future flooding. Seller just had the septic system inspected and pumped.