Listed by Colorado Commercial
$1,650,000
137 CR 67A
Details
Property Type Retail, Multifamily
Sub Type Grocery Store, Apartment Building
Square Footage 6,660
Units 4
Tenancy Multi
Brand/Tenant Red Feather Super Market, Smiley's Rock Shop
Year Built 1969
Buildings 4
Stories 2
Acreage 1.430
Investment Type Value Add
Ground Lease No
Retail | 6,660 SqFt
Marketing description
Located in the heart of Red Feather Lakes, this unique mixed-use investment opportunity combines a long-standing grocery business, multiple residential units, and additional income-producing structures—all on a 1.43 acre site.
This is a rare chance to own a community staple with built-in revenue streams and upside potential.
This property offers a compelling blend of lifestyle, business ownership, and investment income with great up-side potential in a scenic mountain setting. Ideal for an owner-operator, investor, or entrepreneur looking to expand or modernize operations.
Investment highlights
- Established grocery store with year-round sales
- Multiple income streams from retail, residential, and ancillary tenants
- On-site fuel tanks for added business potential
- Four residential units providing stable rental income
- Liquor license to be transfered with sale (beer & liquor)
- Opportunity to increase below-market rents
- Rural destination with loyal customer base plus tourest income sales
- The Real Estate and the Red Feather Super Market Business are for sale and cannot be purchsed seperately.
- There are four buildings on the property occupied by:
- Red Feather Super Market
- Residential Tenants on Month-to-Month leases
- Smiley’s Rock Shop
- Mountain Morsels
- Water: well water (permit number: 292889)
- Sewer: septic system
- Heat: baseboard heat (Apartments only)
- Red Feather Super Market:
- Approximately 3,300 Square Foot Building
- Walk-in freezer
- Built in 1969 | Wood frame construction with metal roof
- HVAC service throughout
- Large dry storage area
- Three-compartment sink + mop sink
- ADA accessible
- Security system with interior & exterior cameras
- Weekly deliveries
- Groceries & food
- Clothing
- Household goods
- Bait & tackle
- Liquor license (beer & spirits)
- (4) packaged ice machines in front of market (vendor-owned)
- Large propane tank for propane resale
- Fuel System:
- Four 500 gallon above-ground fuel storage tanks piped to two seperate pumps
- (1) Diesel fuel
- (3) Gasoline / Regular grade
- Residential Building:
- 4 Units | Approx. 2,760 SF | Two-Story Building
- (2) Two-bedroom units
- (2) One-bedroom units
- Current Rents:
- Below market rates
- All units are on month-to-month lease terms
- Residential Building Features:
- Baseboard heat
- Electric stoves
- Laminate flooring
- Mountain views
- Short walk to West Lake and others
- Numerous hiking trails nearby
- Rents below market
- Strong tenant stability (local workforce)
- Smiley’s Rock Shop:
- Approx. 600 SF
- Leased to retail tenant
- Rent: Month-to-Month
- No heat or restroom
- Mountain Morsels:
- Weekend & summer operation
- Rent: Rent: Month-to-Month
- ATM Machine:
- Revenue share income
- Contract in place
- Infrastructure & Utilities:
- Water System
- Private well (Permit #292889)
- Advanced filtration system:
- Flex 2 system (installed within last year)
- Additional tanks (3–4 years old)
- Inspected weekly
- Septic System
- Leach field on west side
- Recently serviced
- (3) access manholes
- Connectivity
- Starlink internet
- Satellite services available
- Additional Notes:
- Property held by current ownership for 8 years
- Grocery store restroom is not for public use
- Tenants do not have access to washer/dryer
Listing Contacts
Listed by Colorado Commercial
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