On the north edge of Cedaredge, on the way to one of Colorado's great playgrounds-the Grand Mesa-is the Cedaredge Lodge. This multi-use property is the perfect location to live out your Colorado Dream. It's listed twice-once as a 'Commercial Property' and a second time in this version as a residential listing. Both are priced the same way, and the sale includes most of the furnishings.
Let me explain how you might bring out the most of this property using it 'residentially.' First there are three nicely finished residential spaces on the town side of the property. If there were no additional rooms on the north side you'd think of this as a tri-plex, located on 1.15 beautiful acres. The three spaces are designed to have the owners quarters downstairs on the east side-the caretakers quarters upstairs and another apartment sized unit upstairs on the west side. Any of these spaces would be a perfect live in space-so if you're thinking about living here year-round, or if you'd prefer to lease things out for long or short rentals, it works great.
In today's days of Vrbo and Air B and B, you wouldn't need to be there at all-and the income potential is impressive. In past years, traveling medical crews-nurses and diagnosticians from the Delta Hospital have stayed here long term. In addition to these three easily used residential units there are 8 residential units that you'll think of as 'cabinesque. The former owner redid these rooms 3 times-until he had the right flavor that celebrated the Grand Mesa. All rooms are designed to allow visitors to enjoy extended stays. One of these rooms is pictured as the primary shot. They range from smaller units with a microwave to mini kitchen units. Hunters, cross-country skiers, snowmobilers-just folks coming to visit relatives for longer stays-they're all very comfortable here. In today's Covid climate, these units are safer than other hotels/motels that share interior spaces as each and every unit has outside pull-up access. Now for a few more details about this unique Colorado property There is an office area on the east end of the tri-plex portion for the use of quests and workers. This building also houses a laundry area, and there is a commercial kitchen in the lower residential space behind the office. In addition to the 11 potential live-in units you'll discover another acre of property on the other side of the creek. This mostly level property would be ideal for RV long term spaces, yurts, tipis, tiny homes-you name it. The water and sewer can be extended to that side, so the possibilities are limitless. Next, there are several additional buildings that could be converted into camper-cabin type spaces, wonderful spaces to gather along the 'creek', an amazing outdoor yet enclosed patio space and a very fun game room with arcade games.
What's your vision for what you'd like to do with your family and friends Looking for a place where you and fifty of your friends can gather Maybe it's a cross county ski/snowshoe lodge, a place to roll a 1031 exchange that has an existing income stream Residential properties have low taxes and are lower impact-especially if you can orient your rentals for longer term stays. Keep checking this listing for new photos that will go online, and be sure to view the Cedaredge Lodge website to get pictures of all the spaces, read the reviews, and get the 'flavor' of what the owners have implemented as part of their Colorado Dream. Sellers have asked that both buyers and their agents view the website prior to coming so they're 'up' on what happens here. Showings can happen--and those of you who are interested we can view things remotely using Google, Facebook or facetime video programs on our phones. This is a good one.