720 E 50 Hwy - Restaurant FOR SALE


Salida, CO 81201
$1,100,000 USD
719-539-6682
720 E 50 Hwy, Salida, CO for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/62
null | Request Cap Rate

720 E 50 Hwy
Salida, CO 81201


HIGHLIGHTS

  • Highway Location
  • Great Parking
  • Clean and Updated Kitchen

OVERVIEW

This fully revitalized 7,400 SF restaurant and bar space in Chaffee County is ready for new ownership. Located directly on the main highway through Salida, this property offers maximum visibility, ample parking, and easy access for both locals and tourists. The interior features a fresh Western mountain design, a newly constructed stage with pro sound setup for live events, and a commercial kitchen upgraded with new equipment. The bar area is clean and modern, while still preserving the casual, mountain-town vibe. The kitchen is ready to handle a high-volume crowd and is equipped to support a wide-ranging menu without any additional build-out. Previously home to Wallbangers Sports Bar & Grill, this building has a strong local reputation and a proven track record of success as a food and beverage destination. With recent improvements and a flexible layout, it’s ideal for a bar and grill, tap house, live music venue, or a new concept entirely. Salida is a four-season tourist hub known for outdoor recreation, a thriving arts district, and events that bring consistent traffic. The opportunity to own a prime location with strong community presence and endless potential is here. Highlights: 7,400 SF restaurant space Fully updated kitchen with new equipment New stage and audio setup for live entertainment Ample on-site parking High visibility location on main highway Turnkey opportunity with flexible use potential Strong local reputation from prior successful business Salida is a year-round tourist destination

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

Commercial

APN/PARCEL ID

R380705423119

ASK ABOUT THIS PROPERTY

Jeff PostFirst Colorado Land Office, IncMore Info
719-539-6682

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Jeff PostFirst Colorado Land Office, IncMore Info
719-539-6682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.