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    231 Main St Cañon City, CO 81212

    For Sale
    Contact for pricing

    Turn-key Restaurant, 5,293 SF

    Property size:
    5,293 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Canon City restaurant, established 23 years ago, offers a unique opportunity. Located at 231 Main Street, this historic 5,293 square-foot building, constructed in 1878, sits on a 0.36-acre lot. The property boasts ample street parking and benefits from high daily traffic counts averaging 20,973 vehicles in 2023. Inside, the restaurant features seating for 165 guests, comfortably spread across the main dining area, a front patio, a banquet room, and an indoor/outdoor bar. All equipment is included, making this a true turn-key operation. The building is classified as Class C and is in remarkable condition. Its prime downtown location, across from the iconic Clocktower, offers excellent visibility and accessibility. This property presents a rare chance to acquire a piece of Canon City's rich culinary heritage and capitalize on an established, successful business. The property's size, amenities, and location combine to create a compelling investment opportunity. The high traffic counts and established clientele base ensure a strong foundation for continued success. This is a chance to own a thriving restaurant with significant potential for growth.

    Property Features for 231 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    5,293 SF
    Class
    C
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1878
    Buildings
    1
    Stories
    1

    HighLights

    • 0.36‑acre lot size.
    • 5,293 square foot building.
    • Ample street parking.
    • Class C building, built in 1878.
    • 20,973 average daily traffic count (2023).
    • Seating for 165 guests.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cañon City
    County
    Fremont
    State
    Colorado
    Longitude
    -105.2436743
    Latitude
    38.4394762

    Nearby Comparable

    • $419,900
      0.14 Acres

      Historic Canon City Commercial Building

      Renovated 1888 building in downtown Canon City, Colorado.
      402 Main St, Canon City, CO 81212
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    • $419,900
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      Corner Building in Downtown Canon

      Multi-functional commercial building in Canon City's Central Business District.
      402 Main St, Canon City, CO 81212
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    • $287,500
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      Duplex in Canon City, CO

      Investment opportunity: duplex with two homes on one lot.
      211 Greenwood Ave, Canon City, CO 81212
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      Remodeled Commercial Building For Sale

      Remodeled commercial building in Canon City, Colorado, with high visibility.
      402 Royal Gorge Blvd, Canon City, CO 81212
      View Details

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      Historic Canon City Mixed-Use Building

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    FAQs

    What type of property is this?
    Restaurant - Turn-key Restaurant, 5,293 SF
    Where is this restaurant located?
    The property is located at 231 Main St Cañon City, CO.
    What are key features of this property?
    This property features: 0.36-acre lot size.; 5,293 square foot building.; Ample street parking.
    Request Owner's contact information
    231 Main St Cañon City, CO 81212
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    Cañon City, CO 81212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Main St Cañon City, CO 81212
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