Historic Restaurant Building with Air
300 W Third Street Lake City, CO 81235
300 W Third Street, Lake City, CO, 81235
$1,300,000
For Sale
$1,300,000
Locally quarried stone restaurant building restored for modern operations, including a new heated roof and HVAC; bar is being removed.
Property Size2,757 SF
Price / SF$471.53
Days on Market352
Property Features for 300 W Third Street
General Information
- Standard status
- Active
- Size
- 2,757 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1881
Listing agency
M4 Ranch Group, LLC
(970) 275-4838
Listed by
Michelle Murphy
(970) 275-4838
Source
Exitrealty
Added: Aug 5, 2025 Updated: Jul 22 at 11:53AM Checked: Jul 22 at 11:53AM
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 M4 Ranch Group, LLC
Investment Insights
Based on property information with market context.
Built in 1881, this locally quarried stone building has been restored and updated to support full restaurant operations. Renovations included installation of a new heated roof, replacement of plumbing and electrical work to meet current building code, and restoration or replacement of flooring, walls, and ceilings with period-correct materials, including imported Italian marble tile and antique fixtures. The basement coal chute and storage area were converted into an intimate dining area and wine cellar, with a pizza prep area, a wait station in the dining room, and a large upstairs prep kitchen. A new heating and air conditioning unit was installed, along with modern security and fire monitoring systems. The doors opened in July 2023 under The Wrangler name and branding.
The property is located at 300 W Third Street in Lake City, Colorado. Public remarks also indicate that the bar is being removed.
The property is located at 300 W Third Street in Lake City, Colorado. Public remarks also indicate that the bar is being removed.
Key Highlights
- Locally quarried stone building built in 1881 with historic downtown retail, office, and restaurant use over time
- Restoration included a new heated roof plus plumbing and electrical upgrades to meet current building code
- Interior restoration and replacement includes period‑correct flooring, walls, and ceilings with imported Italian marble tile and antique fixtures
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Locally quarried stone restaurant building restored for modern operations, including a new heated roof and HVAC; bar is being removed.
Where is this conventional restaurant located?
The property is located at 300 W Third Street Lake City, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Locally quarried stone building built in 1881 with historic downtown retail, office, and restaurant use over time; Restoration included a new heated roof plus plumbing and electrical upgrades to meet current building code; Interior restoration and replacement includes period‑correct flooring, walls, and ceilings with imported Italian marble tile and antique fixtures
