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Restaurant Building with Bar
New
For Sale
$525,000

123 W Grand Avenue, Mancos, CO 81328

A tenant-operated restaurant occupies the property, while the business itself is excluded from the sale.

Property Size2,088 SF
Price / SF$251.44
Days on Market6

Property Features for 123 W Grand Avenue

General Information

Standard status Active
Size 2,088 SF
Property subtype Commercial
Zoning Business, Commercial, Commercial
Occupancy 100%

Additional Details

Patio Yes

Building Details

Building Size 2,088 SF
Year Built 1910
Year Renovated 2025
Buildings 1
Units 1
Tenancy Single
Listing Agency: Grand Mesa Real Estate Services
Listed By: Lucinda Stanley
Source: Grandmesares
Added: Oct 21 Changed: Oct 24 Last Checked: Oct 24 at 3:38PM

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 Grand Mesa Real Estate Services

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Investment Insights

Based on property information with market context.

Built in 1910, this 2,088-square-foot restaurant property includes a dining room, mahogany bar, aspen interior paneling and a fenced rear patio. The Columbine Bar and Grill currently leases the space; the restaurant business is not part of the sale. Commercial and business zoning applies.

Work completed in 2020–2021 included replacement of the roof, ceiling, electrical system and water lines, along with improvements to the kitchen and prep areas. The walk-in cooler was upgraded, and new appliances were installed. Double-pane windows were added at the building front. A forced-air heating and cooling system was installed in 2025.

Key Highlights

  • 2,088‑square‑foot restaurant property built in 1910
  • Columbine Bar and Grill occupies the space as a tenant; the business is not included in the sale
  • Dining room, mahogany bar, aspen paneling and fenced rear patio

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Columbine Bar & Grill Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Building Supply Storage Facility (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Conoco Shops & Services
10,908 visits/mo 0.2 miles
Family Dollar Shops & Services
3,018 visits/mo 0.4 miles

Demographics for 81328, CO

4,387
Population
2,321
Households
1.9
Avg Household Size
50
Median Age
41%
College-Educated
96%
High-School Grad
498.9 sq mi
ZIP Area
9
Density / Sq Mi
$64,986
Median Household Income
$45,563
Median Earnings
$1,068
Median Rent
$409,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A tenant-operated restaurant occupies the property, while the business itself is excluded from the sale.
Where is this conventional restaurant located?
The property is located at 123 W Grand Avenue Mancos, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,088‑square‑foot restaurant property built in 1910; Columbine Bar and Grill occupies the space as a tenant; the business is not included in the sale; Dining room, mahogany bar, aspen paneling and fenced rear patio
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