Views
Address
24500 W HIGHWAY 50 Salida, CO
Price
$ 1,475,000
Property Attributes
  • MLS#6146350
  • TypeCommercial
  • CountyCHAFFEE
  • CitySalida
  • Zip81201
  • Style
  • Year Built1988
  • Taxes134
  • Price$ 1,475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10800
Listing Provided Courtesy Of:
First Colorado Land Office, Inc.
Property Description

An opportunity to own the oldest working tramway in the state of Colorado! This 10,800 sqft building is settled on a Forest Service lease on the top of Monarch Pass. With three sources of revenue, this business has experienced a 38% revenue growth since 2016. The gift shop items include clothing, jewelry, kid's toys, caps, winter accessories, rocks, clocks, pictures, Colorado made products, personal care items, etc. The food service started in 1954 when the business opened as a Greyhound bus stop. It was a restaurant to feed the bus riders while the buses cooled down. Today, the food service provides 10% of the revenue for the business. The Crest tramway was built in 1966. It ascends to over 12,000 feet in elevation to unmatched panoramic views of the Continental Divide and all the way to Pikes Peak on a clear day. Two Forest Service permits cover 3.05 & 2 acres. There are permits in place for the giftshop and tramway operations. Salida is now a Gateway Community for the Continental Divide Trail as well as Top destination for the Colorado Trail. The Monarch Crest parking lot is the gateway for many of these outdoor enthusiasts. Capitilize on the opportunity to own this historic attraction as Chaffee County and surrounding areas continue to grow for the foreseeable future!

Price History
9/19/2020 Listed $1,475,000

General Features

Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use Recreational
Garage Spaces 0.0
Garage Y/N No
Parking Features Lighted
Property SubType Retail
Property Type CommercialSale
Total Units 1
Zoning COMMERCIAL

Exterior Features

Building Area Total 10800.0
Covered Spaces 0.0
Lot Features BordersNationalForest
Lot Size Acres 0.0
Lot Size Square Feet 0.0
Road Surface Type Paved
Total Parking 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81201

Price
AVG $1.16M
$1.48M
Taxes
AVG $6,027
$134
Visits
AVG 9
7
Year Built
AVG 1940
1988