517 Byers Avenue, Hot Sulphur Springs, CO
$ 1,295,000
Property Attributes
  • MLS#8186071
  • TypeCommercial
  • CountyGRAND
  • CityHot Sulphur Springs
  • Zip80451
  • StyleTraditional
  • Year Built1984
  • Taxes$ 8849
  • Price$ 1,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7006
  • Lot Size12,197 SqFt
Data Source:
REColorado (MTOMLS)
Property Description

Incredible opportunity to own prime commercial space and residential rental units at a great price of $184 per square foot. Along Highway 40 in the town of Hot Sulphur Springs, this commercial space is currently set up to operate as a restaurant and a separate bar (formerly The Depot Restaurant and the Barking Dog Pub). The furniture, fixtures and equipment (FF&E) for the former restaurant and bar are included in the purchase including the commercial kitchen appliances, cookware and serving ware, tables, chair, and bar games such as pool, shuffleboard, and foosball. The 3 residential rental units and studio/office are currently being rented on a month to month basis. Two more rental (residential/office) could easily be added to the rentable space. This is a fantastic opportunity to provide workforce housing to employees and utilize the property for a variety of uses. Formal Dining, Hardwood Floors, No Covenants, River View, Utility Shed, Mountain Views. Check out the pictures so you can totally appreciate the features that this commercial space has to offer. Located deep in the Colorado Rockies. Get a massage or soak in one of 19 pools just a ¼ mile walk to Hot Sulphur Springs Resort & Spa. Multiple nearby Ski Resorts: 15 miles to Granby Ranch, 30 miles to Winter Park, 67 miles to Steamboat Springs. Grand Elk Golf Club is 7 miles where you can enjoy a round of golf and a great meal. RV parking. Listing information deemed reliable, but recommend buyer to verify all data. Key Words: Business, Commercial, Residential Rental, Restaurant, Bar and Grill, Pub and Grill, Rental Unit, Studio/Office, Professional Kitchen, Multi-Family Rentals, Tenant occupied. Co-listed with agents: Brett Gingery, United Country- Gingery & Associates Inc (, 970-531-5051) and Erika Mercier, United Country- Gingery & Associates Inc (, 970.531.4834) and Klaus Matten, Amerivest Realty (, 720-384-4554). QUICK CLOSE IS AVAILABLE.

Price History
9/5/2023 Listed $1,295,000

General Features

Architectural Style Traditional
Attached Garage No
Building Features Fixtures/Equipment Included, Food Service, Storage
Cap Rate 7.78
City Hot Sulphur Springs
Construction Materials Brick, Frame, Metal Siding, Stone, Wood Frame, Wood Siding
County Grand
Current Use Commercial, Food Service, Live-Work/Mixed-Use/Flex, Medical/Dental, Multi-Family, Office, Restaurant, Retail
Directions Google Maps
Electric 110V, 220 Volts, Single Phase
Exclusions (1) Beer bottle collection (2) Coors Beer Mirror Signs in Dining Room Hallway (3) Tap Handle Collection (4) Motel Furniture in Storage Room in lower level (5) Personal items
Leasable Area 7006
Lease Considered Y/N No
Listing Terms Cash, Conventional
Lot Size Square Feet 12197
Numberofunitsvacant 1
Occupancy Description Tenant (Multiple)
Possession Closing/DOD
Property SubType Special Purpose
Property Type Commercial Sale
Roof Composition
Security Features Carbon Monoxide Detector(s), Fire Sprinkler - Dry, Firewall(s), Smoke Detector(s)
Sewer Public Sewer
Standard Status Active
Status Active
Stories 2
Street Name Byers
Structure Type Free Standing
Tax Annual Amount 8849
Tax Year 2022
Total Units 4
Utilities Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected
Year Built 1984
Zoning AB3

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 7006
Lot Features Corner Lot, Near Public Transit, Near Ski Area
Lot Size Acres 0.28
Lot Size Area 12197
Lot Size Units Square Feet
Parking Features Concrete, Driveway-Dirt, Lighted
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Total Parking 22
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80451

AVG $870K
AVG $4,790
AVG 19
Data Provided by Inside Real Estate®
Year Built
AVG 1964

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