Save
Ask
Tour
Hide
Share
$995,000
48 Days On Site

173 S Gunnison Avenue
Lake City, CO 81235

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
4
Partial Baths
3,018
SqFt
$330
/SqFt
1959
Built
County:
Hinsdale
Listing courtesy of Michael Murphy of Murphy Real Estate

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 970-382-3023
Is this the home for you? We can help make it yours.
970-382-3023
173 S Gunnison Avenue173 S Gunnison Avenue173 S Gunnison Avenue173 S Gunnison Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$4,540
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

This well-established business is a unique opportunity with deep roots in the community. Spanning 0.95 acres, it includes a restaurant, gas station and convenience store, bar, and onsite living quarters, all located in the picturesque San Juan Mountains. Just minutes from historic downtown Lake City and the scenic Lake Fork of the Gunnison River. At the heart of the establishment is the restaurant, which specializes in mouthwatering BBQ dishes and hamburgers. It features a recently upgraded commercial kitchen and a welcoming atmosphere that draws in both locals and tourists. Attached to the restaurant is a convenience store, where customers can grab snacks, fuel, and even lottery tickets, making it a convenient stop for travelers. The Ol’53 Bar adds a distinctive charm to the business. Its centerpiece—a vintage 53 Dodge tow truck—enhances the rustic vibe and stages the local music talent, while the beautifully crafted 24-foot wooden bar offers a cozy space for patrons to unwind. The bar includes a game room, office, and storage, and in the summer, garage doors open to let in the fresh mountain air, allowing guests to enjoy the outdoors. Outdoor seating arrangements encourage customers to relax by fire pits and engage in games like corn hole, creating a vibrant community atmosphere. Onsite living quarters provide a renovated one-bedroom apartment within the garage, offering comfortable accommodation for owners or staff. This feature allows for a convenient work-life balance. One of the standout elements of this property is the backyard amphitheater, perfect for hosting events like weddings, family reunions, and live music performances. With a stage, pavilion, and plenty of space for activities, this area holds significant potential The business is well-loved by locals and visitors alike, making it a cherished part of the community. Its prime location and established reputation offer numerous opportunities for growth, allowing new owners to enhance its offerings and tap into the events market. This venture not only provides a chance to run a thriving business but also to embrace the dream of mountain living in a stunning setting.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$995,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,018 sqft
Total Baths 
2.25
Full Baths 
N/A
Partial Baths 
4
Lot Size 
0.95 Acres
Year Built 
1959
MLS® Number 
821651
Status 
Active
Property Tax 
$9,231.12
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $995,000
2 months agoListing first seen on site
General Features
Acres 
0.95
Parking 
Off Street
Property Sub Type 
Mixed Use
SqFt Total 
3018
Utilities 
Propane
Water Source 
Public
Zoning 
Commercial,Mixed Use,Other
Interior Features
Flooring 
ConcreteLaminateTileWood
Furnished 
Furnished
Heating 
ElectricPropane
Save
Ask
Tour
Hide
Share
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.
FULL CREN Disclaimer - https://crenmls.com/full-cren-disclaimer-2/
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer - https://crenmls.com/fair-housing-disclaimer/
Last checked: 2025-04-21 06:24 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share