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700 Yampa Street , A-103 & A-104

Steamboat Springs, CO 80487
  • $4,000,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: SS2181489
UPDATED: 142 min ago
$4,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Description

Seller is looking for an offer. Carl's Tavern is at the heart of Steamboat's vibrant downtown scene, on the bustling intersection of 7th and Yampa. Carl's enjoys a prime location enhanced by recent upgrades to Yampa Street, extensive upgrades to the nearby ski area, the presence of three city parks, a pedestrian-friendly environment and festive LED Bistro lighting lining the street. Just across the street, the serene Yampa River flows, while beyond lies Howelsen Hill, the nation's oldest operating ski area, & Emerald Mountain, boasting 5,000 acres of top-notch biking & hiking trails. Carls Tavern was named to honor Carl Howelsen who started our Winter Carnival & founded the ski area that still bears his name. Carl's Tavern has been a beloved fixture in town since 2011 with over 1,000 glowing Google reviews. This listing includes the real estate for $3.75M ($873/sf) and the business for $250K. This gives you control of your real estate costs over time so you can benefit from the growth of Steamboat. Your efforts to grow with Steamboat will be protected instead of worrying how much your lease will increase at the next renewal. In regards to CAP rate, business financials will be provided with an NDA. Inside, you'll find a spacious central bar, numerous TVs for sports enthusiasts & a family-friendly atmosphere. This turnkey operation not only generates substantial revenue it also offers a rare opportunity in Steamboat, as it comes complete with an experienced staff & prime real estate. Carl's Tavern spans 4,296 square feet, accommodating up to 148 guests indoors plus an inviting ~543-square-foot patio with seating for 40. The building, constructed in 2007, is maintained by a dedicated HOA so you can focus on your business & includes the added convenience of two reserved parking spaces in the garage. Steamboat is a unique mountain town with over 50% local ownership, providing Carls with more stable year round clientele.

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© 2024 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2024-06-20T18:27:37.477.
www.summitliving.com/homes/147531935
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700 Yampa Street , A-103 & A-104 Steamboat Springs, CO 80487

  • Price: $4,000,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 142 min ago
  • MLS #: SS2181489
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2007
Built
Neighborhood:
Howelsen Place
County:
Routt
Area:
Downtown Area
Property Description
Seller is looking for an offer. Carl's Tavern is at the heart of Steamboat's vibrant downtown scene, on the bustling intersection of 7th and Yampa. Carl's enjoys a prime location enhanced by recent upgrades to Yampa Street, extensive upgrades to the nearby ski area, the presence of three city parks, a pedestrian-friendly environment and festive LED Bistro lighting lining the street. Just across the street, the serene Yampa River flows, while beyond lies Howelsen Hill, the nation's oldest operating ski area, & Emerald Mountain, boasting 5,000 acres of top-notch biking & hiking trails. Carls Tavern was named to honor Carl Howelsen who started our Winter Carnival & founded the ski area that still bears his name. Carl's Tavern has been a beloved fixture in town since 2011 with over 1,000 glowing Google reviews. This listing includes the real estate for $3.75M ($873/sf) and the business for $250K. This gives you control of your real estate costs over time so you can benefit from the growth of Steamboat. Your efforts to grow with Steamboat will be protected instead of worrying how much your lease will increase at the next renewal. In regards to CAP rate, business financials will be provided with an NDA. Inside, you'll find a spacious central bar, numerous TVs for sports enthusiasts & a family-friendly atmosphere. This turnkey operation not only generates substantial revenue it also offers a rare opportunity in Steamboat, as it comes complete with an experienced staff & prime real estate. Carl's Tavern spans 4,296 square feet, accommodating up to 148 guests indoors plus an inviting ~543-square-foot patio with seating for 40. The building, constructed in 2007, is maintained by a dedicated HOA so you can focus on your business & includes the added convenience of two reserved parking spaces in the garage. Steamboat is a unique mountain town with over 50% local ownership, providing Carls with more stable year round clientele.
Exterior Features

Garage YN Yes Parking Features ConcreteGarage Parking Total 2

Interior Features

Building Area Total 4296

Property Features

Building Name Howelsen Place Current Use Restaurant Exclusions YesCall Listing Agent Number Of Units In Community 2 Sewer Public Sewer Structure Type Retail Tax Annual Amount 33604 Tax Year 2022 Water Source Public Zoning Description See Remarks

© 2024 SAR MLS
Listing provided courtesy of The Steamboat Group: .


© 2024 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2024-06-20T18:27:37.477.
 
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