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Refurbished Mixed-Use Property
For Sale
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316 W Main Street, New Castle, CO 81647

Three-story property combines restaurant and lounge space with two residential units, courtyard seating, storage, and off-street parking.

Property SizeContact for details
Days on Market142

Property Features for 316 W Main Street

General Information

Standard status Active
Property subtype Special Purpose

Restaurant

Patio Yes
Equipment Included Yes

Amenities

shed
off street parking

Building Details

Year Built 1890
Buildings 1
Stories 3
Listing Agency: Coldwell Banker Mason Morse Glenwood Springs
Listed By: Joy White · License #CO
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:44AM

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 Coldwell Banker Mason Morse Glenwood Springs

Investment Insights

Based on property information with market context.

Built in 1890 and refurbished, this three-story mixed-use property combines an operating restaurant and lounge configuration with two 2-bedroom residential units. The restaurant component includes trade fixtures, while the residential areas create additional space within the overall property plan. A courtyard with outdoor seating and a separate shed support the existing layout, and off-street parking is available on the site.

Located in downtown New Castle, the property includes architectural details such as stonework and antique embellishments alongside updated finishes. The lounge has been engineered to support additional vertical construction, providing a documented structural feature for future development consideration. The sale includes the real estate and trade fixtures.

Key Highlights

  • Built in 1890 and refurbished as a three‑story mixed‑use property
  • Existing restaurant and lounge space with trade fixtures included
  • Two 2‑bedroom residential units

Property Analytics

Current Use

EAT Bistro and Drinks Restaurant

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Big Box & Wholesale Store Law Firm Auto Parts 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

222
Businesses Nearby

Demographics for 81647, CO

7,445
Population
2,808
Households
2.7
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
284.9 sq mi
ZIP Area
26
Density / Sq Mi
$80,139
Median Household Income
$48,493
Median Earnings
$1,581
Median Rent
$470,000
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story property combines restaurant and lounge space with two residential units, courtyard seating, storage, and off-street parking.
Where is this mixed-use property located?
The property is located at 316 W Main Street New Castle, CO.
What are key features of this property?
This property features: Built in 1890 and refurbished as a three‑story mixed‑use property; Existing restaurant and lounge space with trade fixtures included; Two 2‑bedroom residential units
More about this property
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