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Historic Columbine Victorian Hotel 136 W Tomichi Ave 12,500 SF Retail Building Gunnison, CO 81230 $1,950,000 ($156/SF)



Investment Highlights
- Historic downtown Gunnison building originally operated as a hotel
- CBD zoning allowing broad commercial, mixed-use, and hospitality uses
- Located on W Tomichi Ave (US 50 corridor) near shops and services
- Approximately 12,500 SF on a 0.29-acre parcel
- Two-story structure with flexible redevelopment potential
- Value-add opportunity for adaptive reuse or repositioning
Executive Summary
Historic, downtown Gunnison building known as the Columbine Victorian Hotel, originally operated as a hotel beginning in 1880. Approximately 12,500 SF on a 0.29-acre parcel with two-story configuration and flexible repositioning potential for residential, hospitality, office, mixed-use, or street retail redevelopment. Central Gunnison location on Tomichi Avenue (US 50 corridor) with strong proximity to local amenities and the regional airport. Buyer to verify zoning, permitted uses, and building status with the City of Gunnison.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,500 SF
Building Class
C
Year Built/Renovated
1880/2025
Price
$1,950,000
Price Per SF
$156
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District zoning allowing a wide range of downtown residential, commercial, mixed-use, retail, office, hospitality use
Amenities
- Air Conditioning
Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | R001684 | Improvements Assessment | $164,080 (2024) |
| Land Assessment | $47,840 (2024) | Total Assessment | $211,920 (2024) |
Property Taxes
Parcel Number
R001684
Land Assessment
$47,840 (2024)
Improvements Assessment
$164,080 (2024)
Total Assessment
$211,920 (2024)
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Historic Columbine Victorian Hotel | 136 W Tomichi Ave
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