30279 W Highway 160

South Fork, CO 81154

About this property

Unique opportunity to purchase Rainbow Retail Complex in the heart of bustling tourist town of South Fork, Colorado. This business is the ONLY full grocery store, and includes sporting goods, True Value hardware store, RV and camping supplies, and there is a separate convenience store complete with the only gas AND diesel pumps in town and a Blimpies sandwich franchise. It boasts a CAP RATE of 10% at full asking price! The complex is complete with LP gas distribution, and RV dump station. Truly a one stop shop for all of one's recreation needs and located in the middle of fly-fishing, skiing, hunting, hiking, four wheeling, golf, and relaxing country! This established business has been in business since 1946 and owned by the same family! Only 17 miles from the proposed Village at Wolf Creek next to the existing Wolf Creek ski area. Short drive to the 18 hole championship golf course The Rio Grande Club, and a short walk to the Rio Grande River where waters are designated "gold medal" for fly-fishing. The price is exclusive of retail inventory. The Rainbow Lodge and RV park are also available for purchase separately for $1,650,000 and an additional 3.65 acres of vacant land bordering for $250,000 or ALL BUSINESSES AND PROPERTY CAN BE PURCHASED FOR $5,995,000! The package price for all businesses results in a savings of $900,000!

Date Added
March 27, 2019
Listing Status
Active
Days On Site
371
MLS#
755253

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Retail
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
2
Property View
No
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$4,995,000 Active
0 Beds
0 Baths
20,325 SQFT

Presented By Coldwell Banker Distinctive Properties, Vail

Get in touch today! Phone: (970) 476-2113
Brokerage
Vail
(970) 476-2113
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Area Information

South Fork | Rio Grande County |

$ 4,995,000
This listing is play_arrow 5300.0% higher than the average in the area
$ 92,500 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
371 days on site
This listing is play_arrow 18.1% below the average in the area
453 days on site in the area

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