Property Attributes
- MLS#26359
- TypeSingle Family
- Listing Status Active
- CountyGrand
- CityHot Sulphur Springs
- AreaHot Sulphur Springs Area
- NeighborhoodMETES AND BOUNDS
- Zip80451
- StyleRanch
- Year Built2005
- Taxes$ 7205
- Price$ 370,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1700
- Lot Size0.33 Acres
Data Source:
Grand County BOR (GCBOR)
Property Description
What if this wasn't just a commercial building... but the foundation for something more? Positioned on high-visibility Highway 40 in the heart of Hot Sulphur Springs, directly across from Hot Sulphur Springs Resort & Spa and just steps from the Colorado River, this approximately 1,700 sq ft property invites a different kind of vision, one where income, lifestyle, and possibility intersect. With flexible zoning and layout, this property presents a compelling opportunity for conversion into a duplex or live/work configuration (with approvals), creating the potential for dual income streams, owner-occupancy with rental offset, or long-term investment in a town that continues to draw visitors year-round. The existing structure offers a strong starting point. Previously home to two successful restaurants, the building includes a commercial kitchen equipped with a dual pizza oven, gas grill, griddle, fryer, bar sink and dual line coolers. A wood-burning stove adds warmth and character. Beyond residential conversion, the space remains well suited for a variety of commercial ventures--café, taproom, wellness studio, coworking space, boutique retail, or professional office--giving you the flexibility to adapt as your vision evolves. Outside, you'll find patio seating, an insulated and powered 12x8 shed (ideal for storage) and plenty of parking spaces. Set in a growing mountain community known for its hot springs, fishing, rafting, skiing, and steady tourism, this property offers more than just location--it offers optionality. Live in one side. Rent the other. Create something that works for you now... and keeps working for you over time.
| Price History | |
|---|---|
| 3/31/2026 | Listed $469,000 |
| 5/7/2026 | 7$435,000 |
| 7/20/2026 | 9$397,000 |
| 9/3/2026 | 7$370,000 |
General Features
| Possession | Possession,Quick Posn |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Grand |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | METES AND BOUNDS |
| Status | Active |
| City | Hot Sulphur Springs |
| MLS Area | Hot Sulphur Springs Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 14374.8 |
| MLS Area Minor | Hot Sulphur Springs Area |
| Standard Status | Active |
| Living Area | 1700 |
| Heating | Natural Gas |
| Architectural Style | Ranch |
| Construction Materials | Frame |
| Year Built | 2005 |
| Attached Garage | false |
| Carport Y/N | false |
| Showing Instructions | Showing Time (800) 746-9464 |
| Sewer | Public Sewer |
| Land Lease Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/instaview/gcar/26-359 |
| Levels | One |
Interior Features
| Total Baths | 2 |
|---|---|
| Heating Y/N | true |
| Laundry Features | See Remarks |
Exterior Features
| Lot Size Area | 0.33 |
|---|---|
| Lot Size Acres | 0.33 |
| Water Source | Public |
| Building Area Total | 1701 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80451
In The Neighborhood
Sedalia
$ 2,100,000
- Type
- Single Family
- Size
- 3,681 SqFt
- Rooms
- 5 Beds + 4 Baths
RE/MAX Leaders #7478517
Franktown
$ 2,250,000
- Type
- Single Family
- Size
- 5,726 SqFt
- Rooms
- 4 Beds + 4 Baths
Brokers Guild Real Estate #6848315
Fairplay
$ 1,799,900
- Type
- Single Family
- Size
- 2,343 SqFt
- Rooms
- 3 Beds + 3 Baths
Caniglia Real Estate Group Llc #8168637
Sedalia
$ 2,296,000
- Type
- Single Family
- Size
- 2,787 SqFt
- Rooms
- 3 Beds + 2 Baths
Mason & Morse Ranch Company #8188723
Castle Rock
$ 2,650,000
- Type
- Single Family
- Size
- 4,232 SqFt
- Rooms
- 4 Beds + 3.5 Baths
RE/MAX Accord #6686540
Parker
$ 4,950,000
- Type
- Single Family
- Size
- 7,143 SqFt
- Rooms
- 6 Beds + 6.5 Baths
LIV Sotheby's International Realty #9354617
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