Established Restaurant & Saloon
108 Main Street Collbran, CO 81624
108 Main Street, Collbran, CO, 81624
$399,000
For Sale
$399,000
Turnkey restaurant and saloon in Collbran, Colorado.
Property Size2,214 SF
Lot Size0.14 Acres
Price / SF$180.22
Days on Market463
Property Features for 108 Main Street
General Information
- Standard status
- Active
- Size
- 2,214 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1929
Listing agency
REAL COLORADO PROPERTIES
(970) 256-9700
Listed by
JULIE PILAND · License #FA100044654
Source
Corcoran
Added: Apr 15, 2025 Updated: Jul 6 at 9:54AM Checked: Jul 21 at 9:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL COLORADO PROPERTIES
Investment Insights
Based on property information with market context.
This established restaurant and saloon is centrally located on Main Street in Collbran, Colorado. The 2,214 sq ft historic brick building is situated on Hwy 330/Main Street, offering high visibility and easy access. 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 strong support from both the local community and visitors, including hunters and tourists. This business offers a rich 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
- Prime Main Street location in Collbran with high visibility and easy access
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
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
NOI $294,108 @ 7.0% cap · market cap 73.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Collbran Cafe
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
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; Prime Main Street location in Collbran with high visibility and easy access
