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Italian Restaurant with Banquet Room
New
For Sale
$590,000

231 Main Street, Canon City, CO 81212

Dining, event, and patio areas support a range of restaurant service configurations.

Property Size5,200 SF
Price / SF$113.46
Days on Market1

Property Features for 231 Main Street

General Information

Standard status Active
Size 5,200 SF
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included No

Additional Details

Furnished No
Road Access Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $8,296

Amenities

16.0
0.12
City/Town Road

Building Details

Year Built 1878
Listing Agency: REMAX PROPERTIES
Listed By: Mark Jones · License #FA40025962
Source: Markjoneshomes
Added: Oct 29 Last Checked: Oct 29 at 2:42PM

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 REMAX PROPERTIES

Rey
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Investment Insights

Based on property information with market context.

This 5,200-square-foot restaurant in Canon City includes a main dining room, kitchen, pizza area, dishwashing space, food storage, a freezer, and a walk-in cooler. A separate banquet room with a bar, a private party dining area, and an attached covered patio add to the dining layout. Two sets of accessible restrooms serve the front and rear dining areas. The building dates to 1878.

The restaurant occupies a corner lot on Main Street along a city/town road. The business has operated for more than 23 years, serving lunch and dinner.

Key Highlights

  • 5,200 square feet of heated area
  • Main dining room, kitchen, pizza area, dishwashing space, and food storage
  • Banquet room with bar, plus a separate private party dining area

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Veterinary Clinic Acupuncture Tanning 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
Under-served
Demand for This Use

Demographics for 81212, CO

31,643
Population
12,918
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
672.0 sq mi
ZIP Area
47
Density / Sq Mi
$63,545
Median Household Income
$38,670
Median Earnings
$1,063
Median Rent
$286,300
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 - Dining, event, and patio areas support a range of restaurant service configurations.
Where is this conventional restaurant located?
The property is located at 231 Main Street Canon City, CO.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 5,200 square feet of heated area; Main dining room, kitchen, pizza area, dishwashing space, and food storage; Banquet room with bar, plus a separate private party dining area
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