Description
World renowned and infamously famous Handlebars Saloon and its historic building located in the heart of downtown Silverton is available for sale for the first time! Walking through the front doors at Handlebars is like taking a step back in time as you're greeted with the friendliest staff this side of the Animas. The building was built in 1905 but fully remodeled in 2019 including full new roof and large solar farm on the roof that provides additional income. The building is 5000 square feet which includes a dining loft and full basement that are not included in that square footage count. Upstairs you'll find 4 comfortable studio apartments with full kitchens and shared laundry area, these are in high demand and rented year round to staff of the restaurant which operates May - Octand then with Silverton Mountain Staff. Vacation rentals would be a use by right in this zoning as well. Next to the gorgeous stone building is a full vacant lot currently used for outdoor patio seating and staging, it is also zoned commercial and lodging (what we call Business pedestrian) so has HUGE opportunity for expansion including more lodging, more dining, retail, live / work .... this is the opportunity to live the Colorado Mountain Lifestyle dream offered at well below replacement cost, this opportunity is not to be missed! * 4 apartment units on the top floor * Restaurant space on the main and basement * Restaurant business, Handlebars Saloon, grossing on average over $1.27m annually each summer May - Oct * Solar farm on roof * A fully vacant side lot also zoned commercial currently used for outdoor seating but has so much potential in its own right! 2019 Full to the studs Rebuild includes: * Sprinkler system *2 large walk in coolers *1 large walk in freezer * 400 amp power * Solar farm on roof * In floor heating on first floor. * All FF&E included in sale, current owners open to train during transition, staff are dedicated and willing to stay. Silverton, CO is an IRS designated economic Opportunity Zone.
-
0BEDS
-
N/AACRES
-
4BATHS
-
31/2 BATHS
-
6,431SQFT
-
$466$/SQFT
School Ratings & Info
Description
World renowned and infamously famous Handlebars Saloon and its historic building located in the heart of downtown Silverton is available for sale for the first time! Walking through the front doors at Handlebars is like taking a step back in time as you're greeted with the friendliest staff this side of the Animas. The building was built in 1905 but fully remodeled in 2019 including full new roof and large solar farm on the roof that provides additional income. The building is 5000 square feet which includes a dining loft and full basement that are not included in that square footage count. Upstairs you'll find 4 comfortable studio apartments with full kitchens and shared laundry area, these are in high demand and rented year round to staff of the restaurant which operates May - Octand then with Silverton Mountain Staff. Vacation rentals would be a use by right in this zoning as well. Next to the gorgeous stone building is a full vacant lot currently used for outdoor patio seating and staging, it is also zoned commercial and lodging (what we call Business pedestrian) so has HUGE opportunity for expansion including more lodging, more dining, retail, live / work .... this is the opportunity to live the Colorado Mountain Lifestyle dream offered at well below replacement cost, this opportunity is not to be missed! * 4 apartment units on the top floor * Restaurant space on the main and basement * Restaurant business, Handlebars Saloon, grossing on average over $1.27m annually each summer May - Oct * Solar farm on roof * A fully vacant side lot also zoned commercial currently used for outdoor seating but has so much potential in its own right! 2019 Full to the studs Rebuild includes: * Sprinkler system *2 large walk in coolers *1 large walk in freezer * 400 amp power * Solar farm on roof * In floor heating on first floor. * All FF&E included in sale, current owners open to train during transition, staff are dedicated and willing to stay. Silverton, CO is an IRS designated economic Opportunity Zone.
©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE.
The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc.
The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Realty & Investment.
Data last updated: 2023-06-03T22:49:33.92.
Listing provided courtesy of Anne-Britt Ostlund of Mountain Rose Realty: .