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Restaurant Business with Lease
For Sale
$200,000

Glenwood Springs, CO 81601, Glenwood Springs, CO 81601

Commercial Sale, Glenwood Springs, CO

Property Size2,388 SF
Lot Size0.05 Acres
Price / SF$83.75
Days on Market196

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Basement Crawl Space, Unfinished
Directions Downtown Glenwood Springs on Grand Ave going towards the pool it's on the right just before gong over the bridge.
Subdivision Glenwood Springs
Standard status Active
Size 2,388 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWINSTE.GLENWOOD Block: 37 Lot: 10
Tax Annual Amount 9954
Legal Description Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWINSTE.GLENWOOD Block: 37 Lot: 10

Building Details

Year built 1909
Listing Agency: Leverich and Carr Real Estate
Listed By: Nancy Marie Stover
Added: Feb 11 Changed: Aug 19 Last Checked: Aug 26 at 2:06AM
MLS# 191651

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is for the restaurant business only, not the real estate. The operation occupies a 2,388-square-foot commercial property on a 0.05-acre lot in Glenwood Springs. The building dates to 1909 and carries commercial zoning.

An existing lease is in place through 2028, providing a defined occupancy term for the business. The property is located in Glenwood Springs, Colorado, within Garfield County and ZIP Code 81601.

Key Highlights

  • Business sale excludes the underlying real estate
  • Existing lease remains in place until 2028
  • 2,388 square feet of property space

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81601, CO

16,484
Population
6,491
Households
2.5
Avg Household Size
38
Median Age
41%
College-Educated
88%
High-School Grad
367.6 sq mi
ZIP Area
45
Density / Sq Mi
$103,632
Median Household Income
$45,271
Median Earnings
$1,812
Median Rent
$726,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business sale with an existing lease extending through 2028; the underlying real estate is excluded.
Where is this conventional restaurant located?
The property is located at Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Business sale excludes the underlying real estate; Existing lease remains in place until 2028; 2,388 square feet of property space
More about this property
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