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720 E 50 Hwy

7,410 SF Vacant Retail Building Salida, CO 81201 £1,017,185 (£137/SF)

Investment Highlights

  • Highway Location
  • Clean and Updated Kitchen
  • Great Parking

Executive Summary

Bar & Grill Restaurant space for sale in Chaffee County! This is a 7,400 SqFt building that has gone through a property glow up and is ready for new ownership! A classic, Western Mountain scheme was used to bring the front seating area back to life. It is a perfect venue for events with the new stage and equipment brought in for live entertainment. The kitchen was meticulously cleaned and updated with new pieces of equipment to support a high paced crowd without having to stick to a specific menu, it would serve a range of diverse entrees and appetizers without need for another build out. The bar has been restocked and is ready for locals or tourists alike to partake in their favorite beverages. All done with a clean, trendy look but keeping with the mountain lifestyle vibe. If you are dreaming of opening your own food establishment in a tourist mountain town, this could be your spot! The location is supreme, right on the highway through the main drag of town. Parking is easy and there is plenty of it. Salida is known for it's year long seasonal attractions to pull visitors from all over the world. Surrounded by Fourteeners to climb, a river to fish or raft, a nearby Ski Resort, not to mention a prominent Historic and Art District, Salida is full of opportunity to connect with a multitude of customers. Please give us a call if you are interested in hearing more about this exciting opportunity!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,410 SF
Building Class
C
Year Built/Renovated
1967/2009
Price
£1,017,185
Price Per SF
£137
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.20
Lot Size
0.86 AC
Zoning
Commercial - C-1 Commercial
Parking
31 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
175 ft on US Highway 50

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Storage Space
  • Monument Signage
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Safeway
Starbucks
Natural Grocers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R380705423119
Land Assessment
£94,684
Improvements Assessment
£123,729
Total Assessment
£218,413
  • Listing ID: 30442854

  • Date on Market: 26/12/2023

  • Last Updated:

  • Address: 720 E 50 Hwy, Salida, CO 81201

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