Located just outside of Idaho Springs and nestled at the base of the iconic St. Mary’s Glacier within Arapaho National Forest, this exceptional mixed-use property offers both a lucrative investment and an incredible opportunity for year-round mountain living. With three well-appointed residential units currently operating as short-term vacation rentals and a commercial space available for lease or conversion, this property is perfectly positioned to capitalize on the steady stream of visitors drawn to the surrounding outdoor recreational activities.
The building itself features log-style architecture complemented by a durable metal roof, ensuring low maintenance and long-term value. Each of the three residential units is separately metered for propane and electricity, with its own furnace and hot water heater, offering maximum privacy and efficiency for tenants. The commercial unit, previously operated as a general store, offers versatility—continue using it for business or convert it into a fourth residential unit. The property boasts a projected net annual operating income of $97,380 making it a strong, income-producing asset.
Set on 2.7 acres of land, the property offers ample outdoor space and privacy. St. Mary’s Glacier is a popular year-round recreation area, attracting thousands of visitors annually who enjoy hiking, ATV riding, snowmobiling, fishing, and camping. Whether you’re looking to operate as an owner-user or an investor, this property offers the best of both worlds.
The nearby town of Idaho Springs provides restaurants, shops, and a thriving local culture, while Denver is just a 45-minutes away. With proximity to I-70, this property offers both a retreat from city life and easy access to all the adventure Colorado has to offer. Whether you're seeking a profitable short-term rental portfolio or a commercial venture in a high-traffic area, this mixed-use property offers unmatched potential!
