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1117 Lincoln AVE Steamboat Springs, CO 80487
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Defined Development
MLS Listing ID S1066423
Year Built 1961
Annual Tax Amount $6,579
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
The property consists of a restaurant and commercial kitchen space plus a 2 bedroom, 1 bathroom apartment, along with a large basement and storage area included in the commercial lease. The property is fully leased on a NNN structure, providing stable income with minimal landlord responsibilities. The separated units offer two individual streams of income and provides flexibility for a future owner and/or operator.
The site features excellent frontage and visibility along Lincoln Avenue and includes a private off street parking lot, plus dedicated parking for the residential unit. The location offers easy walking access to the Yampa River, Core Trail, Little Toots Park, and the shops and amenities of downtown Steamboat Springs.
Located within Steamboat's Green Zone, the residential apartment qualifies for short term rental use, offering potential for additional income growth. With strong in place cash flow and future rental upside, 1117 Lincoln Avenue represents a compelling opportunity to own a high quality downtown investment property in Steamboat Springs' most desirable commercial corridor.
Location
State CO
County Routt
Area Downtown Area
Direction On Lincoln Avenue in between 11th Street and 12th Street in downtown Steamboat.
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Inclusions No
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Snow Removal, Trash Collection, Water Available
Water Access Desc Public
Roof Type Membrane
Street Surface Alley Paved,Paved
Total Parking Spaces 10
Building
Dwelling Type Multi Family
Sewer Public Sewer
Water Public
Others
Tax ID R8180811
