Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    112 Main St Gunnison, CO 81230

    For Sale
    $950,000

    Established Restaurant, High Capacity, Prime Location

    Property size:
    2,318 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional turnkey restaurant opportunity at 112 S Main Street in Gunnison, Colorado presents a rare chance to acquire a thriving business in a vibrant downtown location. Boasting a generous 2,318 square feet on a 0.14-acre lot, El Paraiso is renowned for its expansive outdoor patio, capable of seating 85 patrons, complementing the substantial 99-seat indoor dining area. The interior features a recently added, large dining area complete with a welcoming fireplace, creating a warm and inviting atmosphere for guests. The commercial kitchen is exceptionally spacious and well-equipped, ensuring efficient food preparation and service. A fully functional bar area with integrated seating adds to the establishment's appeal. Additional seating areas throughout the restaurant provide ample capacity for diverse dining experiences. Recent improvements include the installation of new windows throughout the building, enhancing both aesthetics and energy efficiency. The main roof was replaced in 2019, ensuring long-term structural integrity. A full basement provides valuable storage space for food supplies and includes dedicated office space for administrative functions. Convenient outdoor storage is also available for furniture and other equipment. This property's prime downtown Gunnison location guarantees high visibility and foot traffic, making it an ideal investment for a discerning restaurateur. The asking price is $950,000.

    Property Features for 112 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,318 SF
    Lot Size
    6,098 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Paraiso Family ... Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.9265
    Latitude
    38.54391

    Nearby Similar for Sale

    • $1,650,000
      2,396 SF

      Gunnison Commercial/Industrial Property with Residence

      2+ acres with shop, yard, and renovated 4-bedroom home.
      43950 Us Highway 50, Gunnison, CO 81230
      View Details
    • $1,800,000
      3,534 SF

      Mixed-Use Property in Gunnison, CO

      Versatile commercial space with two residential units in Gunnison.
      322 N Main St, Gunnison, CO 81230
      View Details
    • $865,000
      3,841 SF

      Historic Victorian Fiveplex Near University

      Victorian fiveplex near Western Colorado University with strong rental history.
      518 E Georgia Ave, Gunnison, CO 81230
      View Details
    • $875,000
      4,971 SF

      Gunnison Office Building For Sale

      Spacious office building in Gunnison's Core Business District.
      130 E Virginia Ave, Gunnison, CO 81230
      View Details
    • $1,995,000
      6,000 SF

      Secluded Ranch Surrounded by Forest

      160-acre ranch with creek, dwellings, equestrian facilities, and mountain views.
      663 County Road 24Uu, Gunnison, CO 81230
      View Details
    • $320,000
      597 SF

      Charming Condo Near Downtown Gunnison

      One-bedroom condo near downtown, perfect for living or investment.
      1314 W Tomichi Ave, Gunnison, CO 81230
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, High Capacity, Prime Location
    Where is this commercial real estate located?
    The property is located at 112 Main St Gunnison, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    Request Owner's contact information
    112 Main St Gunnison, CO 81230
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 Main St
    Gunnison, CO 81230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Main St Gunnison, CO 81230
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.