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Renovated Restaurant With Lodging
For Sale
$850,000

2323 South Grand Mesa Drive, Cedaredge, CO 81413

Cedaredge, CO

Property Size9,365 SF
Lot Size0.38 Acres
Price / SF$90.76
Days on Market9

Property Features for 2323 South Grand Mesa Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Half bathrooms 5
Standard status Active
Size 9,365 SF
Lot size 0.38 Acres
Listing Agency: NextHome Virtual
Listed By: Debra Rowe · License #ER40025995,PersonLicenseNumber
Added: Aug 28 Changed: Sep 5 Last Checked: Sep 5 at 7:06PM
MLS# 834582

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9,365-square-foot restaurant property combines a renovated dining operation with five private rooms configured for short-term lodging. The restaurant area includes a commercial kitchen with professional-grade appliances, refreshed seating and tables, an enlarged bar, and updated customer bathrooms. Two of the private rooms have full kitchens, while two others include kitchenettes, creating varied room configurations for guests or extended stays.

Building improvements include a newer commercial roof, durable siding, a high-efficiency furnace, and an air-conditioning system. The property occupies 0.38 acres at 2323 South Grand Mesa Drive in Cedaredge, Colorado, with a layout that brings restaurant and lodging functions together in one commercial asset.

Key Highlights

  • 9,365‑square‑foot renovated restaurant property on 0.38 acres
  • Five private rooms for short‑term lodging use
  • Two rooms include full kitchens; two 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
Well-served
Demand for This Use

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with a commercial kitchen, expanded bar, and five private rooms supporting short-term rental use.
Where is this conventional restaurant located?
The property is located at 2323 South Grand Mesa Drive 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 renovated restaurant property on 0.38 acres; Five private rooms for short‑term lodging use; Two rooms include full kitchens; two have kitchenettes
More about this property
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