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300 W Third Street

Lake City, CO 81235
  • $1,300,000
  • STATUS: Active
  • ON SITE: 517 Days
  • MLS #: 817850
UPDATED: 230 min ago
$1,300,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,757
    SQFT
  • $472
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1881
County:
Area:

School Ratings & Info

Listing courtesy of M4 Ranch Group, LLC: 970-944-4444.


Description

Step Back in Time with New, Modern Amenities. The Wrangler Restaurant and Bar in Lake City, Colorado has a long and storied history. The locally quarried stone building was erected in 1881 and was first opened as the A. H. Avery & Company stationery and bookstore, but soon expanded its offering to candles, confections and exotics such as fruits and nuts. The firm further expanded to include jewelry, watch and clock repair, and engraving reflecting the increasing prosperity of the community as a mining town and destination city on the Denver and Rio Grande railway. In 1892 it was occupied as a meat market by W. S. Whinnery & Company and then gradually expanded to become a full-fledged general store. After 1895, the building served as a grocery store, a shoe store, a law office, and a newspaper office until 1912. The early 20th century brought the beginnings of its long bar and restaurant history, starting as the Log Cabin Inn, owned by the Wright family, and was one of the two storied downtown bars which provided food and late-night entertainment. In 1946 the building was sold to Jack Milner, who expanded the back of the building to create an even livelier bar and restaurant. The building was purchased by the Walker family in 1960 and became the Pinecone Saloon. Booey Bolger became the owner in the 1980s and 90s until the Hardilek's purchased it in 1997 and renamed it as the Highbridge Saloon. In the 2000s, the building was purchased by Drew Paschall and was renamed Restless Spirits. Finally, in 2022 the building was purchased by Loren Hill, an interior designer who had the vision to return it to its original Victorian glory, circa 1881, while maintaining it's rich 100-year bar and restaurant history. Restoration work started immediately, with the installation of a new heated roof, followed by replacement of the plumbing and electrical necessary to bring the building up to current building code. Then came the painstaking restoration and or replacement of flooring, walls, and ceilings with period-correct materials, including imported Italian marble tile and antique fixtures. Next, the basement coal chute and storage area were converted to an intimate dining area and wine cellar. Including a pizza prep area, a wait station in the dining room, and a large upstairs prep kitchen; installation of a new heating and air conditioning unit (making it the only bar and restaurant in Lake City with air conditioning for those frequently hot summer months); installation of modern security and fire monitoring systems. The doors officially opened in July of 2023, with a new name and logo. The name - The Wrangler - reflects Lake City's ranching history; and the logo - a capital W capped by antlers - reflects Lake City’s world-class hunting legacy. **The Bar is being removed

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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 2026. 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: 2026-02-08T23:56:23.82.
www.destinationdro.com/homes/154935952
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300 W Third Street Lake City, CO 81235

  • Price: $1,300,000
  • Status: Active
  • On Site: 517 Days
  • Updated: 230 min ago
  • MLS #: 817850
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,757
SQFT
$472
$/SQFT
1881
Built
Neighborhood:
Lake City
County:
Hinsdale
Area:
Lake City
Property Description
Step Back in Time with New, Modern Amenities. The Wrangler Restaurant and Bar in Lake City, Colorado has a long and storied history. The locally quarried stone building was erected in 1881 and was first opened as the A. H. Avery & Company stationery and bookstore, but soon expanded its offering to candles, confections and exotics such as fruits and nuts. The firm further expanded to include jewelry, watch and clock repair, and engraving reflecting the increasing prosperity of the community as a mining town and destination city on the Denver and Rio Grande railway. In 1892 it was occupied as a meat market by W. S. Whinnery & Company and then gradually expanded to become a full-fledged general store. After 1895, the building served as a grocery store, a shoe store, a law office, and a newspaper office until 1912. The early 20th century brought the beginnings of its long bar and restaurant history, starting as the Log Cabin Inn, owned by the Wright family, and was one of the two storied downtown bars which provided food and late-night entertainment. In 1946 the building was sold to Jack Milner, who expanded the back of the building to create an even livelier bar and restaurant. The building was purchased by the Walker family in 1960 and became the Pinecone Saloon. Booey Bolger became the owner in the 1980s and 90s until the Hardilek's purchased it in 1997 and renamed it as the Highbridge Saloon. In the 2000s, the building was purchased by Drew Paschall and was renamed Restless Spirits. Finally, in 2022 the building was purchased by Loren Hill, an interior designer who had the vision to return it to its original Victorian glory, circa 1881, while maintaining it's rich 100-year bar and restaurant history. Restoration work started immediately, with the installation of a new heated roof, followed by replacement of the plumbing and electrical necessary to bring the building up to current building code. Then came the painstaking restoration and or replacement of flooring, walls, and ceilings with period-correct materials, including imported Italian marble tile and antique fixtures. Next, the basement coal chute and storage area were converted to an intimate dining area and wine cellar. Including a pizza prep area, a wait station in the dining room, and a large upstairs prep kitchen; installation of a new heating and air conditioning unit (making it the only bar and restaurant in Lake City with air conditioning for those frequently hot summer months); installation of modern security and fire monitoring systems. The doors officially opened in July of 2023, with a new name and logo. The name - The Wrangler - reflects Lake City's ranching history; and the logo - a capital W capped by antlers - reflects Lake City’s world-class hunting legacy. **The Bar is being removed
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension 25x75 Parking Common Roof Metal Sewer Public Sewer Installed Stories 3 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 552 Cooling Yes Cooling Type Central A/C Finished Sq Ft 2757 Flooring MarbleTile Foundation Basement-Below GradeOther Furn Fixt Equip Excluded: All FurnitureFurnishingsBar Heating Fuel Source ElectricPropane Heating System In-Floor Radiant Lighting Single Phase Main Sq Ft 1650 One Quarter Baths 1 Total Offices 0 Upper Sq Ft 555

Property Features

Available Utilities ElectricInternetPhonePropaneWater Books Available No Cam No Covenants NO Current Business None Current Use RestaurantBar Desc Of Business Restaurant/Bar Disclosures Lead Base PaintSeller's Prop Disclosure Documents On File Environmental AuditLegal DescriptionSite Plan/ILC Exchange Trade No Existing Utilities ElectricInternetPhonePropane-Tank LeasedSepticWater Fixtures Included Yes Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeOtherRestaurant Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2025 Total Taxes 5857.4 Type Restaurant Water Rights No

[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 2026. 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: 2026-02-08T23:56:23.82.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of M4 Ranch Group, LLC: 970-944-4444.