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    720 Lincoln Ave Steamboat Springs, CO 80487

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    For Sale
    $3,950,000

    Prime downtown location with existing lease and development potential.

    Property size:
    3,245 SF
    Lot size:
    0.14 Acres

    Property Features for 720 Lincoln Ave

    General Information

    Size
    3,245 SF
    Lot size
    0.14 Acres

    Source: Steamboat Mountain Real Estate Agent Sue Weber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Steamboat Investment Opportunity

    Located in downtown Steamboat, this property offers an investment opportunity on Lincoln Avenue between 7th and 8th. The property is currently leased to a restaurant with a lease extending until 2030, with a 5-year renewal option. The existing lease allows for the development of the open side of the property. The property has a size of 3245 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    720 Fusion Fresh ... Asian Fusion Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Law Firm Auto Repair Shop Spa & Massage Hair Salon Auto Parts Store

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

    Similar Places Nearby

    Colorado Mountain College Catering Services, 7th Street Liquor, Steamboat So Gouda, Kelsey Hebert Private Chef Services

    Location Insight

    • Map
    • Local Demand
    City
    Steamboat Springs
    County
    Routt
    State
    Colorado
    Longitude
    -106.833849
    Latitude
    40.485869

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    FAQs

    What type of property is this?
    Restaurant - Prime downtown location with existing lease and development potential.
    Where is this restaurant located?
    The property is located at 720 Lincoln Ave Steamboat Springs, CO.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Prime downtown Steamboat location on the best block.; - Existing restaurant lease in place until 2030 with a 5-year renewal option, providing immediate income.; - Development opportunity on the open side of the property, as permitted by the lease.
    (970) 846-5803
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    720 Lincoln Ave Steamboat Springs, CO 80487
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    Steamboat Springs, CO 80487
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    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
    720 Lincoln Ave Steamboat Springs, CO 80487
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