315 Main Street
New Castle, CO 81647

Property

Ownership: Commercial
Type: Commercial
Lot Size: 5000 sq ft

Financials

Price: $2,300,000
210 N Main St, Breckenridge, CO 80424
Listing Courtesy of Slifer Smith & Frampton RFV

Description

Welcome to 316 W Main St. where you will find one of the more dynamic investment opportunities in New Castle and the Roaring Fork Valley! This mixed-use property contains two separate 2-bedroom apartments and a restaurant/bar serving arguably the best food and drinks in the area. In 2020, the bar addition was completed, adding a modern flare to this historical establishment and more space for the restaurant to expand and flourish. The layout of the property offers unlimited options for the next owner to either continue using as-is or expand the spaces and services to generate more revenue. Currently, open only four nights per week, the restaurant has established a strong reservation base along with consistent walk-ins. The quality of food and service provided by the current owners of EAT Bistro and Drinks has created a loyal following from New Castle to Aspen. The great vibe of this restaurant, the history and character of the building, and the flow and ambience of this space make this the perfect establishment to celebrate major milestones or your weekly night out. Originally built in 1894, it was known as the Rock Saloon when New Castle was first established as a coal mining town in the wild west. The name was derived from the stone used to erect the building, quarried from Mount Medaris, which is located directly behind the property in the heart of New Castle. The Rock Saloon operated as a bar and restaurant with a pool hall that extended off the back and a brothel located upstairs with its own separate entrance off of Main Street. The original part of the building has been meticulously maintained throughout the history of the property and many of the original finishes still exist. As you walk through, you will see the original hatch cover that accessed the basement during prohibition where drinking and all sorts of fun and illegal activities continued. The original door for the upstairs balcony still remains intact that led outside for the saloon girls to advertise and provide entertainment for cowboys and businessmen passing by. After the cowboys and businessmen conducted their serious business meetings in the brothel (wink wink), you will see where their cigarette butts fell off the windowsills and left burn marks on the wood floors. The stories this building can tell make it incredibly fun to visit. Whether you are enjoying the best food in the valley or visiting for a couple of nights in one of the two apartments, it will be an experience that leaves you wanting more. With the future new developments coming up in New Castle and the endless amounts of outdoor activities accessible in New Castle and the Roaring Fork Valley, this property is a must see. Come check it out and experience everything the Rock Saloon has to offer! Copy and paste the link below to watch property video. https://www.youtube.com/watch?v=v_6Fdo0o4HE

Unbranded Virtual Tour: https://drive.google.com/file/d/1HaaqorfW3S-qyyeUYu1JPr_WvlFvpmKr/view?usp=sharing

Amenities

  • Landscaped
  • Natural Gas Available

Neighborhood

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Welcome to 316 W Main St.


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.