316 W Main Street

New Castle, CO 81647 / Townsite of New Castle

MLS ID# 180640 Active
Commercial

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$2,375,000

0.11 acres

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Financing Info
• Details

Description

NEW HOME, NEW DREAM! The historic 3-story Rock Saloon, built in 1890 has been exquisitely refurbished to showcase New Castle's premier eatery, EAT Bistro & Drinks. From stonework forged from local Mt. Medaris down to antique embellishments, everything is tastefully finished with historic flair juxtaposed with a distinguished modern eye. Let this be the stage for your restaurant or future passion project. Steaming with opportunity and versatility, this property hosts two, 2-bedroom residential units, in addition to the existing restaurant and lounge space, fully equipped with the trade fixtures for the turn-key restaurant of your dreams. Convert the residential spaces to short term rentals or a bed and breakfast-type property or enjoy the ease of an on-site live and work scenario. A precious courtyard with outdoor seating and a shed for creative projects or storage. Off street parking in downtown New Castle completes the thoughtful nature built into the property. Care to develop further? The lounge is engineered to withstand additional, vertical construction. Mood lighting, magical ambiance, incredible design, unique versatility, and unfailing maintenance - there is nothing like it out there. This is a real estate and trade fixture sale. NEW HOME, NEW DREAM! The historic 3-story Rock Saloon, built in 1890 has been exquisitely refurbished to showcase New Castle's premier eatery, EAT Bistro & Drinks. From stonework forged from local Mt. Medaris down to antique embellishments, everythi... show more

Location Info

• Inside City Limits Yes
• Condominiumized No
• Zoning City Commercial
• Zoning County Garfield
• Type Commercial
• Major Area New Castle
• Area 10-New Castle Proper
• Street # 316
• Street Direction Pfx W
• Street Name Main
• Street Suffix Street
• City/Town New Castle
• State/Province CO
• Postal Code 81647

Keywords Info

• Total Building SqFt 1.001 - 5,000
• Association Dues No
• Total HOA Fee Per Year 0

Listing Info

• Occupant Owner
• Seller is licensed Realtor No
• SB% 2.5
• Variable Comm True
• Flat Fee No
• REO No
• Agency Excl Right to Sell
• Member Association Glenwood Association
• Deeds Special Warranty

General Info

• SubLoc Townsite of New Castle
• County Garfield
• Legal Lots 3 and 4 Block B Town of New Castle
• Zoning Commercial
• Lot SqFt 5000
• Nbr of Acres 0.11
• Total SqFt 4621
• Unit SqFt 4621
• Account # R380291
• Parcel # 212331109020
• Year Built 1890
• Year Remodeled 20142020
• Directions Take I-70 until you get to the New Castle exit (Exit 105) head east on CR 240 then head west on hwy 6&24 (which becomes Main St). Property is on the right. No sign displayed.

Financing Info

• Metro Tax District No
• Taxes 3300.84
• Tax Year 2022
• Transfer Tax No
• Earnest $/% $125,000
• Earnest $ Payable To Title Company of the Rockies

Details

• Allowable Uses

  Hospitality, Hotel/Lodge, Multi-Family Res, Restaurant/Bar

• Current Use

  Multi-Family, Restaurant

• Construction

  Stone

• Substructure

  Crawl Space, Finished Basement

• Roof

  Cold Roof

• Condition

  Excellent

• Heating/Cooling

  Central AC, Forced Air, Stove

• Gas

  Natural Gas

• Water

  City

• Sanitation

  Sewer

• Parking

  1 - 5 Spaces

• Location Amenities

  High Traffic Loc, High Visibility

• Occupant

  Owner Occupied

• Water Rights

  No

• Mineral Rights

  No

• Terms Offered

  Cash, Other:Loan

• Sign

  No

• Possession

  DOD, Negotiable