5 S GlasgowRico, CO 81332MLS Number 34985

  • Price: $370,000
  • 382 Days on Market
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Federal 30-year interest rate: 4.57% last updated on Jun 21, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 5Bathroom
  • 1952Year Built
  • 7,950Square Feet

Incredible opportunity to revive the Rico Theater. At almost 8,000 square feet the propety is a cafe and music/ theater venue ready to be capitalized. Property comes complete with all FF&E including new pizza ovens, a fully functioning kitchen, 2 bars, tables, chairs, sliverware, plates, glassware and even spices ready to plate the food. Walk-ins with a tapped keg system is ready to serve a frothy cold one to your patrons. Music venue comes complete with sound system, soundboard and ready to book bands and live events. Theater room complete with carbon arc projectors from the 40's. Perfect for live events, theater, private parties and general frivolity. Rico is a sleeping giant and only 23 miles to Telluride ski area. Could convert upstairs to residential.

Listed by Eric Saunders of Telluride Properties

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More Info

Basic Information

  • Business InclusionsFixtures Included, Inventory

Building

  • Full Bath1
  • Half Baths4
  • LevelStreet Level
  • Year Built1952

Property

  • Lot3
  • Year Remodeled1996

Parking

  • ParkingOn Street

Location

  • AreaRico - 97 (Major Area 80)
  • CountyDolores County
  • Directions145 to South Glasgow a.k.a main st. builidng on west side
  • Major Area80
  • Special LocationMain Street
  • TownRico

Utilities

  • ElectricPower Company
  • GasPropane Tanks
  • SanitationSeptic
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatGas Base
  • WaterCity

Basic Information

  • Bathroom5
  • Date Listed06/08/2017
  • DisclosuresNone
  • List Price$370,000
  • MLS Number34985
  • Property TypeCommercial
  • Source Sq FtAssessor
  • Square Feet7,950
  • StatusACT
  • Tax Year2017
  • Taxes$3,776
  • TypeCommercial Spaces

Other

  • Historical QualifctnNo
  • View Count63

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