Commercial Commercial Spaces

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.
Property Location
Destinations & Driving Time
Listing ID:34985
Type:Commercial Spaces
List Price:$350,000
Mortgage Estimate
Bathrooms:1 Full
4 Half Baths
Living Area:7,950 SqFt. Source: Assessor
Year Built:1952
Remodeled in:1996
Main Street
Location:Area: Rico - 97 (Major Area 80)
Address:5 S Glasgow , Rico 81332
Main Street
Heating:Gas Base
Primary Heat:
Water Source:City
Hoa Dues:0.00/
Transfer Tax:None
Property Tax:$3,535 Paid in: 2019
Legal:Rico Lots 3 & 4, Block 1
Listing Office/Agent: Telluride Properties/ERIC SAUNDERS

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