Commercial Sale · Active

205 N Gunnison

Lake City, CO 81235

2 Baths · 1,139 Sq Ft

$595,000

Business

Property Type

0.1 acres

Lot Size

1930

Year Built

$522

Price per Sq Ft

829562

MLS #

About This Property

Location! Location! Location! A Lake City favorite of locals and tourists alike, Chillin' is a year round breakfast, lunch & live music on Friday night gathering place where 40+ years of BBQ tradition meets the scenic mountains of Lake City, Colorado.

Established in 2014, the retired firefighter owner brings authentic, slow-smoked BBQ with no shortcuts to every plate. Indoor seating for 22, outdoor front deck seating for 50 and large back patio area/music venue for up to 150 with a 10' x 18' lighted music stage with pergola. The business name, good will, POS system, security system and vendors will be included in the sale. The commercial kitchen offers a Type 2 Vent-A-Hood, (1) 4' refrigerated prep table, (1) 4' refrigerated salad bar, 4 place countertop steam table, 3 panini grills, countertop convection oven, 2-burner hot plate, ice machine, 6' beer cooler, smoothie machine and new espresso machine, in addition to all indoor/outdoor dining fixtures and free standing patio heating units.

The back patio area offers a detached covered bar with refrigerator & ice chest, 2 pellet smokers, Blackstone griddle, 8-burner Charbroil grill, and detached storage shed that will convey to a new owner. Additionally there are multiple freezers, refrigerators and shelved storage areas to prep for the busy summer tourist season. Best-of-all...an owner/operator can live upstairs in the efficiency apartment offering 1 bedroom with a 3/4 bath and open kitchen/living area. Property is zoned Central Business District with direct access via State Highway 149 (aka: Gunnison Avenue).

Ideally located in the heart of the Town of Lake City's Historic District, adjacent to the Town Park off of the back alley, and within walking distance to the river trails, Memorial Park, Lake City Arts, Armory, shops, Lake City Public Library, churches and Lake City Community School. Great business opportunity with built-in residence in the scenic San Juan Mountains. Please note that any exterior remodel and/or additions will need to be approved by the Historic Approval Board. An NDA, found in the Documents Icon, will need to be signed prior to releasing any financials. Due to the year round business, showing appointments need to be scheduled in advance. Please contact Brokers for additional information.

378 days on market

Listed by A. Danielle Worthen & Jeff Worthen · Hall Realty, Inc. · 970-944-8100

Last updated: 10/22/2026 4:12 PM · Source: Colorado Real Estate Network (CREN), MLS#: 829562

Property Details

Key Details

Property Type Commercial Sale
Sub Type Business
Status Active
Price per Sq Ft $522
MLS # 829562
Days on Market 378
Half Baths 1
Three-Quarter Baths 1

More Details

Year Built 1930
Lot Size (Sq Ft) 4,356
Acres 0.1
Annual Taxes $3
Tax Year 2025
State CO
County Hinsdale
Zoning Business

Interior

Heating Other
Flooring Carpet, Vinyl, Wood

Exterior & Parking

Parking Features On Street, Common, 2-10 Total Spaces
Roof Metal

Building & Lot

Sewer Public Sewer
Water Source Public, Water Installed
New Construction No

Location

Price History

DateEventPrice
10/28/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #829562
$595,000 $522/sqft

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Listing information last updated October 22, 2026 at 4:12 PM.

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