Prime commercial opportunity in the heart of Hot Sulphur Springs on high-visibility Highway 40, directly across from Hot Sulphur Springs Resort & Spa and just steps from the scenic Colorado River. This approximately 1,700 sq ft commercial building offers outstanding exposure to year-round visitors, anglers, rafters, and travelers exploring Grand County. Previously home to two successful restaurants, the space is well suited for a restaurant, café, coffee shop, brewery taproom, or bakery, with an existing commercial kitchen that includes a dual pizza oven, gas grill, griddle, fryer, bar sink, dual line coolers, and restaurant equipment including Toast touchscreen terminals. A wood-burning stove adds charm and warmth, and the fire suppression system is already installed. The flexible layout and commercial zoning open the door to many possibilities including a wellness studio, yoga or fitness space, daycare, coworking hub, retail boutique, fly-fishing shop, outdoor recreation outfitter, or professional office. With the right vision and approvals, the building could also be reimagined as a live/work residence or duplex. Exterior features include patio seating, an insulated 12x8 powered shed (ideal for storage or walk-in freezer), an additional storage building, and 10 parking spaces. Located in a growing mountain community known for its hot springs, fishing, rafting, skiing, and year-round tourism, this property offers an excellent opportunity to establish a business or create a unique live/work space in one of Grand County's most charming small towns.