Discover 123 Grand Avenue, a rare opportunity to acquire a fully leased 1,320-square-foot restaurant occupied by Columbine Bar & Grill, located on highly visible Grand Avenue/US Highway 160 in the heart of historic downtown Mancos, Colorado, with a 4.5-star Google rating. Originally constructed in 1910, this iconic Mancos landmark seamlessly blends historic architecture, preserved character, and modern upgrades, making it a standout investment in Southwest Colorado. The extensively remodeled restaurant underwent substantial capital improvements in 2020-2021, including a new roof, ceiling, electrical system, water lines, HVAC systems, heating and cooling equipment, upgraded kitchen and prep facilities, enhanced walk-in cooler, new appliances, and energy-efficient double-pane storefront windows. These renovations were carefully completed to preserve the property's historic charm, authentic Western character, and architectural integrity while providing modern operational efficiencies for long-term ownership. The interior features include a spacious dining room, a handcrafted mahogany bar, tongue-and-groove aspen paneling, and a private, fenced patio that creates a warm, inviting dining atmosphere. The sale includes extensive furniture, fixtures, and equipment, adding value for investors seeking a stabilized asset. 123 Grand Avenue offers strong visibility and enduring market appeal in a growing area with over $7.1 million in annual food-away-from-home spending. The location offers Highway 160 Business frontage and seamless access across the region. This unique asset combines the character of a historic downtown building with the reliability of recent, significant renovations and an established tenant.