$784,900
Granby, CO 80446
MLS# 26-756
5 beds | 3.5 baths | 4210 sqft

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Property Description
Uncover rare live/work flexibility and classic mountain character at 242 E Agate Avenue, located in the heart of downtown Granby. Originally built in 1948 and thoughtfully updated, this versatile three-level property features valuable commercial/business-friendly zoning, dual kitchens, separate private entrances, and scenic mountain views. It serves seamlessly as a live/work headquarters, boutique business storefront/office, multi-generational residence, or income-generating investment property.
Details
Maps
General Property Description
Realtor.COM Type: Commercial
Basement Y/N: Yes
Total SqFt: 4210
Basement SqFt: 1517
Finished SqFt: 3960
Year Built Remarks: Many Updates
Lot Size: .19 acres
Acres: 0.19
Garage Type: None
Garage Stalls: 0
Year Built: 1948
Total Bedrooms: 5
Total Bathrooms: 3.5
Contract Information
Property Subtype: Single Family Residence
Transaction Type: Income Commercial
Lease Amount: 0
Lease Term: None
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 198.21
Current Price: $784,900
Status: Active
Begin Date: 2026-05-28
List Price: $784,900
Location, Legal and Taxes
Parcel Number: 132932343003
Association Y/N: No
Land Lease Y/N: No
Taxes: 1405.67
Tax Schedule #: R311217
Legal: Subd: KRATOVIL MINOR SUB Lot: C
FIRPTA (Foreign Investment in Real Property Act): No
Metro District: No
School District: East Grand School District
Description
Deck: 1
View Mtns: 1
Lease Type
Not Applicable: 1
Miscellaneous
Minimum Earnest $: 12000
Possession: DOD
HOA Transfer Assess.: No
Sales Transfer Tax: No
Earnest Check To: Land Title
Access Road Maintain
City: 1
Water Source
Public: 1
Sewer Source
Public Sewer: 1
Utilities
Cable TV: Avail but no Connect
Electric: Connected
Natural Gas: Connected
Propane Gas: Avail but no Connect
Telephone: Avail but no Connect
Heating
Forced Air: 1
Natural Gas: 1
Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Washer/Dryer: 1
Fireplace/Wood Stove
# of Fireplace/Stove: 2
Master Bedroom: 1
Construction
Frame: 1
Levels
Three: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Possible Usage
Business: 1
Commercial: 1
Residential: 1
Location Legal and Taxes
Area: Granby Area
House Number: 242
Street Direction Pfx: East
Street Name: AGATE
Street Suffix: Avenue
County: Grand
State/Province: CO
Postal Code: 80446
Tax Year: 2025
Subdivision: OTHER
Geo Lat: 40.084738
Geo Lon: -105.938348
Property Features
Lease Type: Not Applicable
Water Source: Public; Public
Sewer Source: Public Sewer
Heating: Forced Air; Natural Gas
Appliances: Dryer; Refrigerator; Washer; Washer/Dryer
Levels: Three
Construction: Frame
Description: Deck; View Mtns
Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan
Possible Usage: Business; Commercial; Residential
Supplements
Live/Work & Multi-Unit Versatility:
-Dual Self-Contained Living Levels: Multiple exterior entrances allow for easy separation between upper and lower living areas, retail/office space, or guest accommodations.
-Fully Equipped Walkout Lower Level: Features a second complete kitchen, dedicated laundry, open living and dining spaces, sitting area, bedroom, non-conforming second bedroom, and a full bathroom.
-Charming Character & Updates: Historic 1948 alpine charm paired with modern upgrades, multiple flexible living zones, and tasteful furnishings (negotiable/turnkey option).
Prime Downtown Granby Location & Highway 40 Access:
-High-Visibility & Walkability: Direct access to Highway 40 with strong foot/vehicle traffic for professional offices, service retail, or live/work exposure; steps to local coffee shops, restaurants, breweries, and town amenities.
-Ski & Lake Hub: 15 minutes to Granby Ranch skiing and golf; 20 minutes to Winter Park Resort and Fraser; quick drive to Lake Granby, Grand Lake, and Rocky Mountain National Park (RMNP).
-Transit & Travel: Minutes to the Granby Amtrak station and regional commuter routes across Grand County.
Offering a rare blend of downtown convenience, dual kitchens, multi-entrance layout, and flexible commercial/residential zoning, 242 E Agate Avenue is an exceptional multi-use mountain opportunity.
Listing Office: Keller Williams Advantage Realty, LLC

Last Updated: September - 15 - 2026
Information deemed reliable but not guaranteed.