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c.2022:First Colorado Land Office, Inc. or Assignees

#9361501 24500 W HIGHWAY 50,SALIDA,CO PENDING, CALL FOR DETAILS

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, and a newly remodeled apartment, this business has experienced a 38% revenue growth since 2016. The gift shop items include clothing, jewelry, kids 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. Capitalize on the opportunity to own this historic attraction as Chaffee County and surrounding areas continue to grow for the foreseeable future!
MLS#: 9361501
Unit: 
Price:  $1,475,000
Bedrooms: 
Baths:  0.00
Sq Ft:  10800 SF
Lot Size: 
Garage: 
Zoning: COMMERCIAL
Subdivision: 
Year Built: 1988
Schools: 
Map location from available data. Location should be verified. Click map for interactive view.

First Colorado Land Office, Inc.

Jeff Post, Managing Broker/Owner
7385 West Highway No. 50
Salida, CO | 81201

Direct: 719.539.8909
Office: 719-539-6682

Jeff Post

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