173 S Gunnison Avenue, Lake City, CO, 81235
MLS #821651 | $875,000

About 173 S Gunnison Avenue

Nestled in the breathtaking San Juan Mountains, this well-established, multi-use property offers a rare opportunity to own a thriving business with deep community roots. Situated on 0.95 acres just minutes from historic downtown Lake City and the scenic Lake Fork of the Gunnison River, this unique property blends lifestyle and income potential in one exceptional package. At its core is a popular restaurant known for its mouthwatering BBQ and classic hamburgers. Featuring an upgraded commercial kitchen and a warm, inviting atmosphere, it consistently attracts both loyal locals and visiting tourists. The restaurant is connected to a fully operational convenience store and gas station that provides travelers and residents with fuel, snacks, and everyday essentials, including lottery ticket sales, making it a reliable, year-round stop. The property also includes comfortable on-site living quarters: a renovated, fully furnished one-bedroom apartment located above the garage. Currently operating as a short-term rental, it offers immediate income potential or a convenient residence for owners or staff. A standout feature is the backyard amphitheater—an incredible space designed for hosting weddings, live music, family reunions, and community events. Complete with a stage, pavilion, and ample open space, it offers significant opportunities to expand into the events market. Beloved by the community and ideally positioned to capture steady tourist traffic, this property offers both a successful, established operation and room for future growth. Whether you're looking to expand the events side, enhance food and retail offerings, or simply embrace a lifestyle in one of Colorado’s most picturesque mountain settings, this is a truly one-of-a-kind opportunity.

Listed by Murphy Real Estate