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$3,950,000
0.63± Acres
Active
Hinsdale County, CO

809 State Highway 149, Lake City, Colorado

MLS ID: 815304
Status: Active
Price: $3,950,000
Acres: 0.63±
Type: Business, Commercial
Address: 809 State Highway 149
City, State: Lake City, CO
County: Hinsdale County
ZIP Code: 81235
Parcel Number: 450927312001
Listed by: Michael Murphy of Murphy Real Estate
Bathrooms: 2
SqFt: 3,952
Year Built: 1967

Description

Imagine owning a piece of history and prosperity in the heart of Lake City, Colorado, a town renowned for its stunning landscapes and vibrant outdoor recreation. For over 65 years, Lake City Auto has been a cornerstone of this community, evolving from a humble gas station into a thriving recreational vehicle sales, service, and rental enterprise. What sets Lake City Auto apart is its longevity and unwavering reputation for excellence and growth. Under the stewardship of its current owner, the business has seen remarkable expansion, with revenues soaring from $400,000 to $4,000,000+ over the past 26 years. This steady ascent reflects not only market demand but also the business's adeptness at meeting the needs of both locals and tourists alike. Located prominently along State Highway 149, Lake City Auto enjoys unparalleled visibility and accessibility, backed by breathtaking views of Lake Fork of the Gunnison River. Its expansive 3,952 square foot facility includes everything needed for a seamless operation; a retail shop, showroom, office space, two large garage bays, and ample storage. Outdoor amenities such as gas pumps, fuel storage tanks, and a propane fill station further enhance its convenience and service offerings. What truly makes Lake City Auto a gem in Colorado's business landscape is its diversified revenue streams. Beyond traditional auto services, the business proudly franchises Polaris ATV, UTV, and snowmobile products, as well as Triton and Polaris aluminum trailers. It's also home to the region's largest UTV rental company, San Juan Adventures, and boasts a thriving jeep rental service with a loyal customer base spanning decades. Lake City Auto also has a productive snowmobile rental business. Moreover, Lake City Auto holds coveted federal outfitter's permits for snowmobile guided/unguided tours and BLM tour permits for guided excursions on the Alpine Loop, an exclusive advantage that not only boosts revenue but also solidifies its position as a premier destination for outdoor enthusiasts. The potential for growth here is undeniable. Lake City's reputation as a mecca for outdoor recreation, offering hundreds of 4x4 trails and 150± miles of groomed snowmobile trails. Lake City Auto is poised to capitalize on the burgeoning market of off-road vehicles, snowmobiles, and adventure tourism. It's not just a business; it's a gateway to experiencing the unparalleled beauty and thrill of the Colorado wilderness. As you consider your next venture, Lake City Auto presents a rare opportunity, an operation with a loyal customer base, established supplier relationships, and a team ready to support your vision. Whether you're an investor looking to expand into the outdoor recreation sector or an entrepreneur seeking a profitable enterprise in an idyllic setting, Lake City Auto offers the perfect blend of history, profitability, and future growth. Don't miss your chance to own a piece of Lake City's legacy and shape its future. Schedule your showing today and step into a business that's not just thriving, it's a testament to the enduring spirit of Colorado's outdoor adventure scene.

Additional Information

Interior

Bathrooms Half: 2
Building Area Total: 3,952
Flooring: Carpet, Concrete, Tile
Furnished: Unfurnished
Heating (Yes/no): Yes
Heating: Forced Air, Propane

Exterior

Electric: Single Phase
Exterior Features: Propane Tank Owned
Foundation Details: Slab
Inclusions: Furniture, Fixtures, Trade Name, Phone #, P.O. Box, Customer Data, Office Equipment, Computer System, Propane-Tank Owned
Lot Features: Corner Lot
Lot Size Dimensions: 27, 558 Sq. Ft.
Property Attached: Yes
Road Frontage Type: Highway
Road Surface Type: Paved
Roof: Metal
Stories: 1
Water Source: Public
Waterfront: Yes
Waterfront Features: River Access

Financial/HOA/Schools

Days On Market: 74
Tax Annual Amount: 5844.6
Zoning Description: Business

Extra Information

Disclosures: Lead Based Paint Disclosure, Seller Disclosure
Documents Available: Aerial, Inventory, Plat, Profit Loss Statement, Survey
Jake Hubbell

Jake Hubbell

Hotchkiss, Colorado

(970) 250-9396

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Listed By: Michael Murphy of Murphy Real Estate