Commercial Sale · Active

720 Lincoln Avenue

Steamboat Springs, CO 80487

0 Baths · 3,116 Sq Ft

$3,595,000

Commercial Sale

Property Type

0.26 acres

Lot Size

1980

Year Built

$1,154

Price per Sq Ft

10

Parking Spaces

S1063904

MLS #

About This Property

Looking for a Prime location in Downtown Steamboat? Here is your chance to own on the best block and the sunny side of the street between 7th and 8th. Think of this one as both a good income property with a lease until 2030 (with a 5 year renewal option) for the existing restaurant, plus the chance to develop the open side now which is provided for in the lease. If you are looking for income and want to be part of the transformation that is happening in Steamboat it is worth looking at this property for a long term investment / 1031 opportunity.

375 days on market

Listed by Derek Hodson & Lindsey Adams · The Steamboat Group · (970) 879-0879

Last updated: 9/18/2026 2:10 PM · Source: Altitude MLS, MLS#: S1063904

Property Details

Key Details

Property Type Commercial Sale
Status Active
Price per Sq Ft $1,154
Subdivision ORIGINAL TOWN OF STEAMBOAT SPRINGS
MLS # S1063904
Days on Market 375

More Details

Year Built 1980
Lot Size (Sq Ft) 11,326
Acres 0.26
Annual Taxes $15,247
Tax Year 2025
State CO
County Routt

Interior

Heating Forced Air
Cooling Central Air

Exterior & Parking

Total Parking 10
Parking Features Off Street, Parking Lot
Roof Membrane

Building & Lot

Lot Features Near Public Transit
Construction WoodFrame
Sewer Public Sewer
Water Source Public

Location

Price History

DateEventPrice
7/13/2026 Price change
Source: Altitude MLS #S1063904
$3,595,000 -2.7% $1,154/sqft
5/11/2026 Price change
Source: Altitude MLS #S1063904
$3,695,000 -2.7% $1,186/sqft
5/7/2026 Back on market
Source: Altitude MLS #S1063904
—
4/21/2026 Pending
Source: Altitude MLS #S1063904
—
12/15/2025 Price change
Source: Altitude MLS #S1063904
$3,799,000 -3.8% $1,219/sqft
10/8/2025 Listed for sale
Source: Altitude MLS #S1063904
$3,950,000 $1,268/sqft

Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.

Listing information last updated September 18, 2026 at 2:10 PM.

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