928 Ocean Wave Drive, Lake City, CO, 81235
MLS #812223
| $550,000
8 Bathrooms
3,750 Square Feet
0.5 Acres
About 928 Ocean Wave Drive
Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.
Listed by Murphy Real Estate
Kiley Flint
Real Estate Advisor
LIV Sotheby’s International Realty
401 Elk Avenue | PO Box 210
Crested Butte, CO 81224
Jaima Giles-Alsum
Real Estate Advisor
LIV Sotheby’s International Realty
401 Elk Avenue | PO Box 210
Crested Butte, CO 81224
Interior Features
- Bathrooms: 8
- Size: 3750 Square Feet
Exterior Features
- Size: 0.5 Acres
Schools
- Elementary School: Lake City K-12
- Middle School: Lake City K-12
- High School: Lake City K-12
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than Crested Butte Collection contain that Company's name.
Data last updated on: 2026-03-06 19:15:58