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Full-Service Restaurant and Lounge
For Sale
Contact for pricing
Pending

503 W 7th St, Walsenburg, CO 81089

Dining room, lounge, and bonus rooms are separated, with a full kitchen, pizza ovens, and updated roof and electric.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market117

Property Features for 503 W 7th St

General Information

Standard status Pending
Lot size 0.25 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Commercial Hood Yes
Listing Agency: Bachman & Associates
Listed By: Lori Cordova · License #CO FA.100025235
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 4 at 5:44AM

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 Bachman & Associates

Investment Insights

Based on property information with market context.

This property was recently operated as a sports bar with a layout that separates the dining room and bonus game room from the lounge. An additional bonus room can be used as a larger dining area, pool room, or dance floor, supported by two office/break rooms. The building includes a full kitchen with a large stove, a fire suppression hood, and pizza ovens.

The property sits on over 1/4 acre and borders 7th St., also known as Highway 160, which carries over 2.5 million vehicles per year. Parking is described as not a problem due to the site size.

The building needs some TLC, but it has updated roof and electric already in place, along with remaining kitchen equipment that supports full-service restaurant operations.

Key Highlights

  • Dining room, lounge, and separate bonus spaces, including a dining room and a bonus game room
  • Full kitchen remains with a large stove, fire suppression hood, and pizza ovens
  • Updated roof and electric completed

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Law Firm Storage Facility

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

Yes
Highway access
Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
Balanced
Demand for This Use

Demographics for 81089, CO

4,656
Population
2,415
Households
1.9
Avg Household Size
53
Median Age
23%
College-Educated
89%
High-School Grad
940.4 sq mi
ZIP Area
5
Density / Sq Mi
$50,833
Median Household Income
$32,374
Median Earnings
$728
Median Rent
$180,800
Median Home Value

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
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Similar Off Market Nearby

  • Pacos Starlight Tavern 110 W 6th St, Walsenburg, CO 81089
  • Central Tavern Cafe Walsenburg, CO 81089
  • Silver Dollar 112 W 7th St, Walsenburg, CO 81089

Frequently Asked Questions

What type of property is this?
Bar & Pub - Dining room, lounge, and bonus rooms are separated, with a full kitchen, pizza ovens, and updated roof and electric.
Where is this bar & pub located?
The property is located at 503 W 7th St Walsenburg, CO.
What are key features of this property?
This property features: Dining room, lounge, and separate bonus spaces, including a dining room and a bonus game room; Full kitchen remains with a large stove, fire suppression hood, and pizza ovens; Updated roof and electric completed
More about this property
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