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Discover an exceptional investment opportunity with this turn-key mixed-use commercial property located on Bear Lake Blvd in the bustling heart of downtown Garden City. Perfectly positioned to capture the vibrant foot traffic of Bear Lake, this property is a dream come true for savvy investors. Situated on Bear Lake Blvd, this property enjoys high visibility and easy access, ensuring a steady stream of visitors year-round. Mixed-Use Configuration: The building boasts a versatile layout with three residential condo units, two retail shops, 2 sales office units and a well-known restaurant. Residential Units: Three spacious and modern condo units, perfect for long-term rentals or vacation stays, offering stunning views and contemporary amenities. Retail Shops: Candy Store: A beloved local favorite, attracting families and tourists with its sweet treats and nostalgic charm. Surf Shop: Catering to the adventurous spirit of Bear Lake visitors, offering a range of water sports equipment and apparel. Cody's Gastro Garage Restaurant: A renowned dining destination with a loyal customer base, known for its unique blend of gourmet cuisine and casual atmosphere. Turn-Key Investment: With established businesses and residential tenants, this property offers immediate rental income and long-term growth potential.
| DAYS ON MARKET | 143 | LAST UPDATED | 12/16/2024 |
|---|---|---|---|
| TRACT | WATERS EDGE | YEAR BUILT | 2017 |
| COMMUNITY | Garden Cty; Lake Town; Round | COUNTY | Rich |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Sep 5, '24 | $4,610,000 |
|---|---|
| Sep 5, '24 - Today | $4,149,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Garden Cty; Lake Town; Round |
| HEAT | None |
| LOT | 0.93 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| SUBDIVISION | WATERS EDGE |
| TAXES | 12988 |
| ZONING | comm |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Berkshire Hathaway HomeServices Elite Real Estate
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