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    Turnkey Restaurant and Saloon Title is generated by Realmo AI

    108 Main Street, Collbran, CO 81624

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    For Sale
    $399,000

    COMMERCIAL - Collbran, CO

    Property size:
    2,214 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $180/SF
    Added:
    Jun 19, 2026
    Days on Market:
    21
    Last Refresh:
    Jul 9 at 3:06 pm

    Property Features for 108 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Standard status
    Active
    Size
    2,214 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1929

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    Contact an agent
    Julie Piland
    Julie Piland

    Listing agent Julie Piland License #100044654

    Listing office Real Colorado Properties Grand Junction, CO

    Listing date Jun 19, 2026

    MLS# 830196

    Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1929, offering historical character.
    • Includes two bathrooms: Bathroom 1 and Bathroom 2.
    • Geographic coordinates provided for precise location.
    • Additional property details available.
    • Property Description available.
    • Real estate listing.

    Overview

    This sale offers a turnkey restaurant and saloon built in a historic brick structure totaling 2,214 square feet. The dining area is configured with flexible seating, and the adjoining saloon includes custom bar counters added in 2019, tables and chairs, a pool table, jukebox, and large-screen TV. The operation is presented with a full list of included furniture, equipment, and inventory, allowing a new owner to step in and operate without assembling the setup. Recent improvements include a 4-burner stove, flattop grill, 2 ovens, and deep fryer installed in 2021, along with a stand-up freezer added in 2023.

    Located on Hwy 330/Main Street in Collbran, the property is positioned for easy access and strong visibility for locals and visitors. The listing notes the building sits at the base of Grand Mesa, a year-round recreation destination that draws hunters and tourists.

    For buyers looking to own an operating restaurant and bar rather than start from scratch, this configuration supports both everyday dining and saloon-style entertainment. Included inventory, along with the 2021 and 2023 equipment updates, can help reduce near-term equipment planning for a new operator.

    Local 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 (±1% cap)
    NOI $32,536 @ 7.0% cap · market cap 8.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $4.20M
    $3.68M – $4.90M (±1% cap)
    NOI $294,108 @ 7.0% cap · market cap 73.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Collbran Cafe Cafe & Coffee Shop

    Suggested Use

    Building Supply Cafe & Coffee Shop Real Estate Agency Gym & Fitness Center Wine and Liquor Store Hair Salon Nail Salon Grocery & Convenience Store Restaurant Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Collbran
    County
    Mesa
    State
    Colorado
    Longitude
    -107.96068
    Latitude
    39.239275

    FAQs

    What type of property is this?
    Conventional restaurant - Historic brick restaurant and saloon with a prepared dining and bar setup, plus recent kitchen and refrigeration updates.
    Where is this conventional restaurant 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: Built in 1929, offering historical character.; Includes two bathrooms: Bathroom 1 and Bathroom 2.; Geographic coordinates provided for precise location.
    More about this property
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