Established Restaurant & Saloon on
For Sale
$399,000
108 Main Street, Collbran, CO 81624
COMMERCIAL - Collbran, CO
Property Size2,214 SF
Lot Size0.14 Acres
Price / SF$180.22
Days on Market473
Property Features for 108 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
I-70 to Hwy 675 to Hwy 330 to Collbran. Left on Main St. to property on Right.
Subdivision
Out of Area
Standard status
Active
APN
266735103004
Size
2,214 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 21 + 22 BLK 3 COLLBRAN
Tax Annual Amount
3500
Legal Description
LOTS 21 + 22 BLK 3 COLLBRAN
Utilities
Water source
Public
Building Details
Year built
1929
Floors in Building
1
Building materials
Frame
Roof type
Metal
Listing Agency:
United Country Real Colorado Properties
(970) 256-9700
Listed By:
Julie Piland · License #FA100044654
(970) 985-0913
Added: Apr 15, 2025
Changed: May 14
Last Checked: Jul 31 at 9:06PM
MLS# 187751
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-established restaurant and saloon is centrally located on Main Street in Collbran, Colorado. The 2,214 square foot historic brick building is situated on 0.14 acres and offers high visibility and easy access to outdoor recreational activities. The dining area features flexible seating, while the adjoining saloon includes custom bar counters (added in 2019), tables, chairs, a pool table, jukebox, and large-screen TV. Generational ranch brands are on display. The turnkey Colorado restaurant and bar operation includes furniture, equipment, and inventory. New updates include a 4-burner stove, flattop grill, 2 ovens and deep fryer in 2021 and a stand-up freezer in 2023. Positioned at the base of Grand Mesa, this family-run business enjoys support from the local community and visitors, including hunters and tourists. This business offers a history, character, and income potential.
Key Highlights
- Turnkey restaurant and saloon business with all furniture, equipment, and inventory included.
- Well‑established business with strong community and tourist support in a prime location on Main Street.
- High visibility location on Hwy 330, offering easy access to outdoor recreational activities and Grand Mesa.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $21.24 |
| − Vacancy | −$3.6k | −$1.65 |
| EGI | $43.4k | $19.59 |
| − OpEx | −$10.8k | −$4.90 |
| NOI | $32.5k | $14.70 |
2,214 SF · lease $21.24/SF/yr · vacancy 7.75% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$464.8K
$406.7K – $542.3K
NOI $32,536 @ 7.0% cap · market cap 8.15%
Second Best
Retail
$300.0K
$262.5K – $350.0K
NOI $21,000 @ 7.0% cap · market cap 5.26%
Theoretical Best
Healthcare Medical
$4.20M
$3.68M – $4.90M
NOI $294,108 @ 7.0% cap · market cap 73.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81624, CO
1,196
Population
803
Households
1.5
Avg Household Size
47
Median Age
21%
College-Educated
92%
High-School Grad
548.8 sq mi
ZIP Area
2
Density / Sq Mi
$89,900
Median Household Income
$31,382
Median Earnings
$1,563
Median Rent
$467,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey restaurant and saloon in Collbran, Colorado.
Where is this bar & pub located?
The property is located at 108 Main Street Collbran, CO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Turnkey restaurant and saloon business with all furniture, equipment, and inventory included.; Well‑established business with strong community and tourist support in a prime location on Main Street.; High visibility location on Hwy 330, offering easy access to outdoor recreational activities and Grand Mesa.
