1607-9 US Highway 34

11,140 SF Specialty Building Offered at $5,400,000 at a 5.50% Cap Rate in Drake, CO 80515

Executive Summary

First time in 40 years for Sale. What an opportunity to own a part of History in the Making. 12 RV Spaces, 40 Tent Sites for Camping, 2 homes, 2 cabins, Commercial Building and 2 Privies. On the North Fork Big Thompson River. Almost 36 Acres of beautiful land. Very well taken care of, just needs the right Owner to turn this into a Destination Spot. Just 25 minutes to Estes Park and 25 minutes to Loveland on Highway 34. The Commercial Building could be turned into a Coffee, Sandwich, Store, Gift Shop, etc.
Owner carry terms.
Owner ready to move.

Property Facts

Price $5,400,000
Price Per SF $485
Sale Type Investment
Cap Rate 5.50%
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 35.91 AC
Building Size 11,140 SF
No. Stories 1
Year Built 1906

PROPERTY TAXES

zoning

Zoning Code Commercial
  • Listing ID: 34135006

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 1607-9 US Highway 34, Drake, CO 80515