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Boardwalk could be torn down

Summit Daily/Brad OdekirkThe Boardwalk building that used to house Budget Tapes and Records, All Season Sports and Frisco's Bar and Grill is under contract now with a buyer who is interested in redeveloping the property, according to building owner Phil Foster.
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FRISCO – Tenants have been disappearing from The Boardwalk building at the southern corner of Summit Boulevard and Granite Street. Within the next year, it’s possible the entire building may disappear along with them.The structure that used to house Budget Tapes and Records, All Season Sports and Frisco’s Bar and Grill is under contract with a buyer who is interested in redeveloping the property, according to building owner Phil Foster.

Foster purchased the building in December, 2001, for $1.4 million. It is now listed for sale at the price of $2.2 million.”Nothing is final until the closing,” said listing agent Julia Waldorf of Benefits Choice Real Estate Group in Breckenridge. “They have a ready and willing buyer, but another buyer could come in.”Waldorf said the property is ripe for redevelopment.

“It could make a good high-end timeshare with retail on the bottom. It’s walking distance from Main Street. It’s right near the entrance to the marina. There’s plenty of parking. I think the town needs a nice project there,” Waldorf said.Only six of the 13 commercial units in the building are still occupied, but Waldorf said that she is looking for short-term seasonal commercial renters for the upcoming winter season.The existing building’s demolition is not certain, according to Foster.



“If I retain ownership and the sale doesn’t work, I’m not tearing it down. I’m going to try to lease and sell the condos,” Foster said.Julie Sutor can be reached at (970) 668-3998, ext. 203, or at jsutor@summitdaily.com.


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