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720 Lincoln Ave Steamboat Springs, CO 80487

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For Sale
$3,799,000

Prime downtown Steamboat location with long-term lease and development potential.

Property Features for 720 Lincoln Ave

General Information

Standard status
Active

Building Details

Year built
1980

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Listing Contact
Derek Hodson
Source: Corcoran

Listing Agency: THE STEAMBOAT GROUP Listing Agent: Derek Hodson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Downtown Steamboat Investment Opportunity

This property offers a prime location in downtown Steamboat, situated on Lincoln Avenue between 7th and 8th streets. It is currently leased to a restaurant with a lease extending until 2030, with a 5-year renewal option. The property presents an opportunity to develop the open side, as provided for in the lease. This property is suitable for long-term investment or a 1031 exchange.
Location Intelligence

Current Use by Public Records

720 Fusion Fresh ... Restaurant

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Repair Shop Spa & Massage Center Hair Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Colorado Mountain College Catering Services, 7th Street Liquor, Steamboat So Gouda, Kelsey Hebert Private Chef Services

Location Insight

  • Map
  • Local Demand
City
Steamboat Springs
County
Routt
State
Colorado
Longitude
-106.833849
Latitude
40.485869

FAQs

What type of property is this?
Restaurant - Prime downtown Steamboat location with long-term lease and development potential.
Where is this restaurant located?
The property is located at 720 Lincoln Ave Steamboat Springs, CO.
What is the asking price?
The asking price for this property is $3,799,000.
What are key features of this property?
This property features: - Prime downtown Steamboat location on a desirable block.; - Existing lease in place until 2030 with a 5-year renewal option, providing immediate income.; - Opportunity to develop the open side of the property as permitted by the lease.
More about this property
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