Restaurants

Lake City, CO Restaurants for Sale

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Silverton, CO Powderhorn, CO Ouray, CO Creede, CO Cimarron, CO
Mixed-Use Restaurant and Residence
Updated: Apr 4, 2024
Mixed-Use Restaurant and Residence

310 N Gunnison Avenue, Lake City, CO 81235

$895,000
4,214 sqft
Approximately 3,075± sq. ft. of commercial space and a 1,128± sq. ft. residence
Restaurant space includes dining areas, a commercial kitchen, furnishings, and equipment
Two‑bedroom, two‑bath residence with private entrance and internal restaurant access
Outdoor patio has two access points
Built in 1888; currently leased
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1 active listing matches your search: Restaurant for sale in Lake City, CO. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant with Live-Work Suite
Restaurant with Live-Work Suite

807 Main Street, Ouray, CO 81427

$895,000
1,304 sqft

Flexible downtown property with a commercial kitchen, residential suite, and sidewalk and patio areas.

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Restaurant with Live-Work Suite
Restaurant with Live-Work Suite

807 Main Street, Ouray, CO 81427

$895,000
1,304 sqft

Equipped kitchen, private patio, and separate residential entrance support flexible commercial use.

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Historic Restaurant and Event Venue
Historic Restaurant and Event Venue

185 N Lena Street #Condo "A", Ridgway, CO 81432

$6,350,000
5,293 sqft

A commercial kitchen, integrated audiovisual systems, and indoor-outdoor seating accommodate dining and private gatherings.

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Rio Grande Building Investment Opportunity
Rio Grande Building Investment Opportunity

257 Sherman Street, Ridgway, CO 81432

Contact for pricing
9,095 sqft

Investment property with positive cash flow in Ridgway, Colorado.

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Lake City, CO Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Lake City, CO on our real estate platform. These investment opportunities span a total of 4,214 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for restaurant properties in Lake City, CO average $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 845
Population Growth (5Y) +6.0%
Median Household Income $67,750
College Educated 65.2%

High-Yield Neighborhoods for Investment

Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81235 $895K

Taxes & Financing

Average Loan-to-Value 65.0%

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