30279 W Highway 160
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!
Features and Additional Information
Presented By Coldwell Banker Distinctive Properties, Vail
South Fork | Rio Grande County |
Schools in the Area