Commercial Sale · Active

310 N Gunnison

Lake City, CO 81235

4 Baths · 4,214 Sq Ft

$895,000

Business

Property Type

0.21 acres

Lot Size

1888

Year Built

$212

Price per Sq Ft

812222

MLS #

About This Property

Rare Opportunity: Restaurant & Living Quarters in the Heart of Lake City! 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

947 days on market

Listed by Michael Murphy & Sandy Murphy · Murphy Real Estate · 719-849-1441

Last updated: 8/31/2026 11:56 AM · Source: Colorado Real Estate Network (CREN), MLS#: 812222

Property Details

Key Details

Property Type Commercial Sale
Sub Type Business
Status Active
Price per Sq Ft $212
MLS # 812222
Days on Market 947
Full Baths 1
Half Baths 2
Three-Quarter Baths 1

More Details

Year Built 1888
Lot Size (Sq Ft) 9,148
Acres 0.21
Annual Taxes $5
Tax Year 2026
State CO
County Hinsdale
Zoning Other

Interior

Heating Forced Air, Wood Stove
Flooring Carpet, Tile, Wood

Exterior & Parking

Parking Features On Street, Gravel, Dirt
Roof Metal

Building & Lot

Sewer Public Sewer
Water Source Public
New Construction No

Location

Price History

DateEventPrice
8/31/2026 Price change
Source: Colorado Real Estate Network (CREN) #812222
$895,000 -9.1% $212/sqft
4/4/2024 Listed for sale
Source: Colorado Real Estate Network (CREN) #812222
$985,000 $234/sqft

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated August 31, 2026 at 11:56 AM.

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