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Mixed-Use Restaurant and Apartments
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517 W Byers Ave, Hot Sulphur Springs, CO 80451

Mixed-use property with a restaurant/bar plus three rental apartments, offered turnkey with included FF&E.

Property Size3,637 SF
Days on Market120

Property Features for 517 W Byers Ave

General Information

Standard status Active
Size 3,637 SF
Property subtype Mixed Use, Multifamily

Additional Details

Business Included Yes
Multifamily Units 3
Listing Agency: RE/MAX Peak To Peak
Listed By: John Sanderson · License #CO
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:55PM

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 RE/MAX Peak To Peak

Investment Insights

Based on property information with market context.

This mixed-use commercial property combines a restaurant and bar with three rental apartments. The sale includes all restaurant, kitchen, and bar FF&E (tables, chairs, utensils, foosball, pool table, shuffleboard, glassware, and more), supporting a turnkey owner-user or investment approach. The commercial component is 3,637 sq. ft. and the residential component totals 3,369 sq. ft. across three rental units.

The property is located at 517 W Byers Ave in Hot Sulphur Springs, CO 80451. Public remarks indicate gross rental income of $39,600 annually from the residential units, along with a proforma NOI of $93,000 annually that assumes a $6,000 per month NNN restaurant/bar tenancy.

The building is configured to operate the restaurant and bar on the commercial side while generating rental income from the three residential apartments.

Key Highlights

  • Mixed‑use property includes a restaurant/bar and 3 rental apartments.
  • Restaurant/bar space totals 3,637 sq ft and includes FF&E (tables, chairs, utensils, foosball, pool table, shuffleboard, glassware, etc.).
  • Three rental apartments total 3,369 sq ft and generate $39,600 in gross rent annually.

Property Analytics

Current Use

Bars & Pubs

Lease Details

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 80451, CO

755
Population
383
Households
2
Avg Household Size
45
Median Age
28%
College-Educated
98%
High-School Grad
37.0 sq mi
ZIP Area
20
Density / Sq Mi
$91,176
Median Household Income
$45,606
Median Earnings
$1,183
Median Rent
$386,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Mixed-use property - Mixed-use property with a restaurant/bar plus three rental apartments, offered turnkey with included FF&E.
Where is this mixed-use property located?
The property is located at 517 W Byers Ave Hot Sulphur Springs, CO.
What are key features of this property?
This property features: Mixed‑use property includes a restaurant/bar and 3 rental apartments.; Restaurant/bar space totals 3,637 sq ft and includes FF&E (tables, chairs, utensils, foosball, pool table, shuffleboard, glassware, etc.).; Three rental apartments total 3,369 sq ft and generate $39,600 in gross rent annually.
(303) 748-3843 Call to check price and availability
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