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173 S Gunnison Avenue

Lake City, CO 81235
  • $995,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 821651
UPDATED: 58 min ago
$995,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 1
    BATHS
  • 3
    1/2 BATHS
  • 3,018
    SQFT
  • $330
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Listing courtesy of Murphy Real Estate: 970-944-5050.


Description

This well-established business is a unique opportunity with deep roots in the community. Spanning 0.95 acres, it includes a restaurant, gas station and convenience store, bar, and onsite living quarters, all located in the picturesque San Juan Mountains. Just minutes from historic downtown Lake City and the scenic Lake Fork of the Gunnison River. At the heart of the establishment is the restaurant, which specializes in mouthwatering BBQ dishes and hamburgers. It features a recently upgraded commercial kitchen and a welcoming atmosphere that draws in both locals and tourists. Attached to the restaurant is a convenience store, where customers can grab snacks, fuel, and even lottery tickets, making it a convenient stop for travelers. The Ol53 Bar adds a distinctive charm to the business. Its centerpiece"a vintage 53 Dodge tow truck"enhances the rustic vibe and stages the local music talent, while the beautifully crafted 24-foot wooden bar offers a cozy space for patrons to unwind. The bar includes a game room, office, and storage, and in the summer, garage doors open to let in the fresh mountain air, allowing guests to enjoy the outdoors. Outdoor seating arrangements encourage customers to relax by fire pits and engage in games like corn hole, creating a vibrant community atmosphere. Onsite living quarters provide a renovated one-bedroom apartment within the garage, offering comfortable accommodation for owners or staff. This feature allows for a convenient work-life balance. One of the standout elements of this property is the backyard amphitheater, perfect for hosting events like weddings, family reunions, and live music performances. With a stage, pavilion, and plenty of space for activities, this area holds significant potential The business is well-loved by locals and visitors alike, making it a cherished part of the community. Its prime location and established reputation offer numerous opportunities for growth, allowing new owners to enhance its offerings and tap into the events market. This venture not only provides a chance to run a thriving business but also to embrace the dream of mountain living in a stunning setting.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-20T08:56:37.22.
www.destinationdro.com/homes/161079131
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173 S Gunnison Avenue Lake City, CO 81235

  • Price: $995,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 58 min ago
  • MLS #: 821651
0
Beds
1
Baths
3
½ Baths
0.95
Acres
3,018
SQFT
$330
$/SQFT
1959
Built
Neighborhood:
Lake City
County:
Hinsdale
Area:
Lake City
Property Description
This well-established business is a unique opportunity with deep roots in the community. Spanning 0.95 acres, it includes a restaurant, gas station and convenience store, bar, and onsite living quarters, all located in the picturesque San Juan Mountains. Just minutes from historic downtown Lake City and the scenic Lake Fork of the Gunnison River. At the heart of the establishment is the restaurant, which specializes in mouthwatering BBQ dishes and hamburgers. It features a recently upgraded commercial kitchen and a welcoming atmosphere that draws in both locals and tourists. Attached to the restaurant is a convenience store, where customers can grab snacks, fuel, and even lottery tickets, making it a convenient stop for travelers. The Ol53 Bar adds a distinctive charm to the business. Its centerpiece"a vintage 53 Dodge tow truck"enhances the rustic vibe and stages the local music talent, while the beautifully crafted 24-foot wooden bar offers a cozy space for patrons to unwind. The bar includes a game room, office, and storage, and in the summer, garage doors open to let in the fresh mountain air, allowing guests to enjoy the outdoors. Outdoor seating arrangements encourage customers to relax by fire pits and engage in games like corn hole, creating a vibrant community atmosphere. Onsite living quarters provide a renovated one-bedroom apartment within the garage, offering comfortable accommodation for owners or staff. This feature allows for a convenient work-life balance. One of the standout elements of this property is the backyard amphitheater, perfect for hosting events like weddings, family reunions, and live music performances. With a stage, pavilion, and plenty of space for activities, this area holds significant potential The business is well-loved by locals and visitors alike, making it a cherished part of the community. Its prime location and established reputation offer numerous opportunities for growth, allowing new owners to enhance its offerings and tap into the events market. This venture not only provides a chance to run a thriving business but also to embrace the dream of mountain living in a stunning setting.
Exterior Features

Acreage Range .5-.99 Carport No Lot Dimension .95 acres Parking DirtOff Street2-10 Total SpacesCommon Property Description Other Roof Metal Sewer Public Sewer Installed Stories 1 Street Description 75'-100' FrontageCity/TownPavedState Highway Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 3018 Flooring ConcreteLaminateOtherTileWood Heating Fuel Source ElectricPropane One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities ElectricFiber OpticsInternetPhonePropaneWater Books Available Yes Cam No Covenants NO Current Use RestaurantBarMixed UseConvenience Store Disclosures Lead Base PaintSeller's Prop Disclosure Documents On File Equipment ListLegal DescriptionPlot Plan/Plat/Survey Exchange Trade No Existing Utilities ElectricInternetPhonePropane-Tank LeasedPropane-Tank OwnedWater Fixtures Included Yes Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreMixed-UseRestaurantRetail StorefrontRetail WarehouseSpecial Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Total Gas Meters 0 Total Taxes 9231.12 Type Multi-Use Water Rights No Zoning Type CommercialMixed UseOther

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-20T08:56:37.22.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Murphy Real Estate: 970-944-5050.