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$985,000
575 Days On Site

310 N Gunnison Avenue
Lake City, CO 81235

For Sale|Business|Active
0
Beds
2.75
Total Baths
1
Full Bath
3
Partial Baths
4,214
SqFt
$234
/SqFt
1888
Built
County:
Hinsdale
Listing courtesy of Michael Murphy of Murphy Real Estate

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970-382-3023
310 N Gunnison Avenue310 N Gunnison Avenue310 N Gunnison Avenue310 N Gunnison Avenue
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Monthly Payment (Est.)

$4,494
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Rare Opportunity: Restaurant & Living Quarters in the Heart of Lake City! The beloved Lake City Cafe is on the market — a unique investment opportunity in one of Colorado’s most charming historic mountain towns. This property offers 3,075± sq. ft. of versatile commercial space, previously operated as a year-round coffee house, restaurant, and bar. It comes fully equipped and furnished, allowing for a smooth and quick startup. Property Highlights: • Spacious Dining & Kitchen Areas: Includes a large commercial kitchen, ideal for a wide range of culinary concepts. • Exceptional Outdoor Dining: Two access points lead to an expansive outdoor patio — a rare and highly sought-after feature in Lake City’s dining scene. • Flexible Layout: Suitable for various business models — coffee shop, bistro, bar, or full-service restaurant. Bonus Living Quarters: Attached to the commercial space is a 1,128± sq. ft. private residence, featuring: • 2 bedrooms, 2 bathrooms • Spacious kitchen and living room • Private deck and fenced yard • Separate private entrance plus internal access from the restaurant This rare live/work setup offers both lifestyle and business convenience in one of Colorado’s most picturesque locations. *Currently being leased

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Listing Snapshot
Price 
$985,000
Days On Site 
575 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,214 sqft
Total Baths 
2.75
Full Baths 
1
Partial Baths 
3
Lot Size 
0.21 Acres
Year Built 
1888
MLS® Number 
812222
Status 
Active
Property Tax 
$4,904.88
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoPrice changed to $985,000
2 years agoListing first seen on site
General Features
Acres 
0.21
Parking 
On Street
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
4214
Utilities 
Propane
Water Source 
Public
Zoning 
Other
Interior Features
Flooring 
CarpetTileWood
Heating 
Forced AirPropaneWoodWood Stove
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Exterior Features
Road Frontage 
State Road
Roof 
Metal
Community Features
MLS Area 
Lake City
Listing courtesy of Michael Murphy of Murphy Real Estate



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2025-10-31 05:12 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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