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720 Lincoln Ave 0.26 Acres of Commercial Land Offered at $3,695,000 in Steamboat Springs, CO 80487
Investment Highlights
- Central downtown Steamboat
Executive Summary
Prime downtown lot ready for redevelopment, with current lease bringing income while future owner plans their development .
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot 10
| Price | $3,695,000 | Lot Size | 0.26 AC |
| Price Per AC | $14,211,538.46 |
| Price | $3,695,000 |
| Price Per AC | $14,211,538.46 |
| Lot Size | 0.26 AC |
Located in downtown Steamboat Springs this flat, improved lot has a 3245 sqft restaurant building located on approximately 1/4 of the lot.
Description
Looking for a Prime location in Downtown Steamboat? Here is your chance to own on the best block and the sunny side of the street between 7th and 8th. Think of this one as both a good income property with a lease until 2030 (with a 5 year renewal option) for the existing restaurant, plus the chance to develop the open side now which is provided for in the lease. If you are looking for income and want to be part of the transformation that is happening in Steamboat it is worth looking at this property for a long term investment / 1031 opportunity.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R7716685 | Total Assessment | $398,120 |
| Land Assessment | $284,450 | Annual Taxes | ($1) |
| Improvements Assessment | $113,670 | Tax Year | 2025 |
Property Taxes
Parcel Number
R7716685
Land Assessment
$284,450
Improvements Assessment
$113,670
Total Assessment
$398,120
Annual Taxes
($1)
Tax Year
2025
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