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Charming Buena Vista Restaurant & Living

418 US Highway 24, Buena Vista, CO 81211

For Sale
$1,075,000
Pending

Restaurant with living space and additional flex space/apartment.

Property Size2,944 SF
Lot Size0.23 Acres
Days on Market1225

Property Features for 418 US Highway 24

General Information

Standard status Pending
Size 2,944 SF
Lot size 0.23 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,883

Amenities

Corner
Membrane Roof

Building Details

Year Built 1960
Listing Agency: Full Circle Real Estate Group
Listed By: AMBER GASTON · License #100078155
Source: Corcoran
Added: Jul 1, 2023 Changed: Nov 4 Last Checked: Nov 6 at 9:02AM

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 Full Circle Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

Located in the heart of Buena Vista, this property features a main dining area with seating for 40, plus counter seating for 14. An outside patio at the back accommodates up to 38 guests, while the front patio seats 20. The property includes a fully functioning and well-equipped kitchen, a small office, basement storage, and ample cooler and freezer storage. In addition to the restaurant, there is a recently renovated 1 bedroom, 1 bath living space featuring a large living room with a wood-burning fireplace, new cabinets, tile countertops, and state-of-the-art appliances in the eat-in kitchen. The upper level offers a versatile flex space/apartment with a spacious open room, a bedroom, and a 3/4 bath, suitable for an office, studio, or a second living space. Major improvements include a new kitchen hood, complete renovation of the downstairs apartment, a new back patio, and outside paint. The property size is 2944 square feet.

Key Highlights

  • Prime location in the heart of Buena Vista.
  • Fully operational restaurant with seating for 112.
  • Expansive and well‑equipped kitchen with ample cooler, freezer storage, and a small office.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Computer & Electronic Repair Home Appliance 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

493
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81211, CO

8,224
Population
4,154
Households
2
Avg Household Size
46
Median Age
35%
College-Educated
91%
High-School Grad
477.7 sq mi
ZIP Area
17
Density / Sq Mi
$62,132
Median Household Income
$37,910
Median Earnings
$1,413
Median Rent
$566,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with living space and additional flex space/apartment.
Where is this conventional restaurant located?
The property is located at 418 US Highway 24 Buena Vista, CO.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Prime location in the heart of Buena Vista.; Fully operational restaurant with seating for 112.; Expansive and well‑equipped kitchen with ample cooler, freezer storage, and a small office.
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