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123 Grand Ave 1,320 SF Retail Building Mancos, CO 81328 $585,000 ($443.18/SF)

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EXECUTIVE SUMMARY

Awesome opportunity for investors with this extensively remodeled commercial property in the heart of historic and thriving Mancos. This longtime local landmark currently home to The Columbine Bar and Grill offers one of the premier locations in a growing and vibrant business district. The property features a well lit and spacious dining area with mahogany bar, tongue in groove aspen paneling and a privacy fenced back patio. The improvements to the building made in 2020-2021 were extensive and include some of the following: Removed and replaced roof, ceiling, electrical system, water lines and cooling and heating systems. Extensive enhancements to the kitchen and prep areas with improved walk in cooler and all new appliances. All of this including a replacement of the building front with double pane windows was done with respect for maintaining the historical integrity of this building originally constructed in 1910. The Columbine Bar and Grill business occupies the space as tenant and is not included in the sale.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,320 SF
Building Class
C
Year Built/Renovated
1910/1968
Price
$585,000
Price Per SF
$443.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.11 AC
Zoning
DMU
Frontage
38’ on Grand Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R004957
Land Assessment
$25,012 (2024)
Improvements Assessment
$32,703 (2024)
Total Assessment
$57,715 (2024)
  • Listing ID: 30605749

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 123 Grand Ave, Mancos, CO 81328

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