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14770 US Highway 285 4,486 SF Retail Building Salida, CO 81201 $599,000 ($133.53/SF)
Executive Summary
Enormous potential for this large commercial building on Highway 285 in Chaffee County. Located along the Arkansas River corridor, about 10 minutes from downtown Salida and 15 minutes from downtown Buena Vista. Chaffee County is well known for outdoor recreation, and Highway 285 is a major pipeline for people moving through the county and the state. If you can figure out a way to capture even a small fraction of the year-round traffic, you will do very well. At nearly 4,500 square feet, the space could host a multitude of different types of businesses. Or with some work and creativity, it could be converted into your dream home. The building was historically the King’s Truck Stop and Bar (see photo). It has since been the home to multiple restaurants, the live/work headquarters for a local transportation company, an event space/VR escape room and employee housing for a construction company. The seller has a business plan drawn up for a backpacker’s hostel with 16 capsule beds. All of that demonstrates the versatility of the space. Bring your vision, and be a part of the exciting growth of this community. Currently, the main level features an open floorplan, a fully functional bar and a commercial kitchen. The kitchen is ready to cook with a vent hood, a walk-in cooler, a high-capacity dishwasher and other commercial appliances. All furniture and trade fixtures are included. Downstairs you will find a lounge area, a wet bar, 3 bathrooms, a carpeted office and a storage/utility room. Out back there is a fenced-in 2-level patio surrounded by mature trees and a water feature. In front there are 16 dedicated parking spots and room for extra parking or other outbuildings. Seller financing is available to a qualified buyer. Don’t miss your opportunity. Call Today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,486 SF
Building Class
C
Year Built
1956
Price
$599,000
Price Per SF
$133.53
Tenancy
Single
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.63 AC
Zoning
comm
Parking
20 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
122’ on Hwy 285
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | R353333100047 | Improvements Assessment | $110,130 |
| Land Assessment | $38,000 | Total Assessment | $148,130 |
Property Taxes
Parcel Number
R353333100047
Land Assessment
$38,000
Improvements Assessment
$110,130
Total Assessment
$148,130
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14770 US Highway 285