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251 Liddell dr
Ridgway, CO 81432

$3,000 USD/MO

Hospitality For Lease  •  3,000 SF

Property Details

  • Property Type Hospitality
  • Year Built 1986
  • Total Building Size 4,900 SF
  • Building Class C
0 Transit Score
55 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 3,000 SF $12.00 USD/SF/YR
Restaurant, Wedding and Event center
Own the Adobe Inn, a restaurant with a 34 year history as a favorite local restaurant and expand into an indoor-outdoor event center.  We're looking for an owner/operator to take over the updated venue with new, climate controlled interior space and fabulous outdoor space to host weddings and similar events.  Only 40 minutes to Telluride, Ridgway has tons of vacation rentals as well as three hotels and motels nearby.  You would be the only restaurant/event center in town.  With river access, it's a 10 min walk to the 90 year old, family owned Orvis Hot Springs, Adobe in is perfectly positioned to host the "destination wedding" events with a commercial kitchen and restaurant and up to 6 guest rooms on site.  The Adobe Inn was a successful restaurant-only venue that closed during the pandemic.  We've updated the bones and now we're looking for an operator to take over the food service and event space.  This central, Ridgway location is two blocks to downtown and only 35 mins to the Montrose/Telluride Regional Airport.  Attractive rates, high income potential

  • Date available: Now
  • Lease term: 1 - 5 Years
  • Service type: Triple Net
  • Built out as: Drinking Establishment
  • Space Type: Relet

Description

Adobe Inn was a beloved restaurant, bar and hostel for nearly 40 years. Located in the heart of downtown Ridgway, Adobe Inn has uodated the infrastructure to reopen as a restaurant and wedding venue-- including a grease trap, vent hood, return air, functioning bar, and kitchen. It also has recent permits for a liquor license and kitchen.

Highlights

exising infrastructure in place, grease trap, vent hood, bar, kitchen. Upstairs 3 bedroom apartment also available for a friendly rate

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Bed & Breakfast
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
Montrose Regional 48 min - 30.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Neal Elinoff 970-708-0679 Telluride Real Estate Professionals
Neal Elinoff 970-708-0679 Telluride Real Estate Professionals