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Renovated Mixed-Use Property with Restaurant
For Sale
$850,000

2323 S Grand Mesa Dr, Cedaredge, CO 81413

Updated commercial building combining restaurant improvements with five private short-term rental rooms and flexible lodging configurations.

Property Size9,365 SF
Price / SF$90.76
Days on Market20

Property Features for 2323 S Grand Mesa Dr

General Information

Standard status Active
Size 9,365 SF

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Buildings 1
Listing Agency: NextHome Virtual
Listed By: Debra Rowe · License #ER40025995,PersonLicenseNumber
Source: Theinkteam
Added: Aug 12 Changed: Aug 31 Last Checked: Aug 31 at 2:40AM

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 NextHome Virtual

Investment Insights

Based on property information with market context.

This 9,365-square-foot mixed-use property combines a remodeled restaurant with five private rooms suited to short-term rental use. Restaurant improvements include a commercial kitchen with professional-grade appliances, refreshed dining space with new seating, tables, and chairs, an expanded bar, and updated customer bathrooms.

Two of the private rooms include full kitchens, while two have kitchenettes. The property also features a newer commercial roof, durable siding, and high-efficiency furnace and A/C systems. These improvements support both the restaurant component and the separate lodging accommodations within the building.

Key Highlights

  • 9,365‑square‑foot mixed‑use property with restaurant and lodging components
  • Five private rooms for short‑term rental use
  • Two rooms include full kitchens; two additional rooms have kitchenettes

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Storage Facility Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 81413, CO

5,271
Population
3,047
Households
1.7
Avg Household Size
59
Median Age
34%
College-Educated
93%
High-School Grad
153.5 sq mi
ZIP Area
34
Density / Sq Mi
$56,458
Median Household Income
$39,871
Median Earnings
$1,148
Median Rent
$329,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated commercial building combining restaurant improvements with five private short-term rental rooms and flexible lodging configurations.
Where is this mixed-use property located?
The property is located at 2323 S Grand Mesa Dr Cedaredge, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 9,365‑square‑foot mixed‑use property with restaurant and lodging components; Five private rooms for short‑term rental use; Two rooms include full kitchens; two additional rooms have kitchenettes
More about this property
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