205 N Gunnison Avenue, Lake City, CO 81235
Hinsdale County
Key Facts
Description
Location! Location! Location! A Lake City favorite of locals and tourists alike, Chillin' is a year round breakfast, lunch & live music on Friday night gathering place where 40+ years of BBQ tradition meets the scenic mountains of Lake City, Colorado. Established in 2014, the retired firefighter owner brings authentic, slow-smoked BBQ with no shortcuts to every plate. Indoor seating for 22, outdoor front deck seating for 50 and large back patio area/music venue for up to 150 with a 10' x 18' lighted music stage with pergola. The business name, good will, POS system, security system and vendors will be included in the sale. The commercial kitchen offers a Type 2 Vent-A-Hood, (1) 4' refrigerated prep table, (1) 4' refrigerated salad bar, 4 place countertop steam table, 3 panini grills, countertop convection oven, 2-burner hot plate, ice machine, 6' beer cooler, smoothie machine and new espresso machine, in addition to all indoor/outdoor dining fixtures and free standing patio heating units. The back patio area offers a detached covered bar with refrigerator & ice chest, 2 pellet smokers, Blackstone griddle, 8-burner Charbroil grill, and detached storage shed that will convey to a new owner. Additionally there are multiple freezers, refrigerators and shelved storage areas to prep for the busy summer tourist season. Best-of-all...an owner/operator can live upstairs in the efficiency apartment offering 1 bedroom with a 3/4 bath and open kitchen/living area. Property is zoned Central Business District with direct access via State Highway 149 (aka: Gunnison Avenue). Ideally located in the heart of the Town of Lake City's Historic District, adjacent to the Town Park off of the back alley, and within walking distance to the river trails, Memorial Park, Lake City Arts, Armory, shops, Lake City Public Library, churches and Lake City Community School. Great business opportunity with built-in residence in the scenic San Juan Mountains. Please note that any exterior remodel and/or additions will need to be approved by the Historic Approval Board. An NDA, found in the Documents Icon, will need to be signed prior to releasing any financials. Due to the year round business, showing appointments need to be scheduled in advance. Please contact Brokers for additional information.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1930
Living Area
1,139 sq ft
Lot Size
0.10 acres
MLS® Listing#
829562
Property Features
Heating
Flooring
Basement
Parking
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$3,279
Tax year 2025
Parcel Number
450927331005
Directions
Travel on North Gunnison Avenue between 2nd and 3rd Streets. Chillin' will be in the middle of the block on the west side.
Affordability Calculator
$119,000
Estimated monthly payment
$3,167/mo
Principal $476,000 · Est. interest $664,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake City, CO
- $504,539
- Median Listing Price
- 65
- Median Days on Market
- 1,912
- Median Sq Ft
- $254
- Median Price / Sq Ft
- 1,443
- Active Listings
- This home’s price is 18% above the area median.
- Its price per sq ft is 106% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake City, CO.
Location
Points of Interest in Lake City, CO
Showing the Lake City area map.
Nearby Schools
Lake City Community School
School · 0.4 mi away
Ouray Public Schools
Secondary · 19.2 mi away
Silverton Public School
Secondary · 24.2 mi away
Lamb Elementary School
Elementary · 24.6 mi away
Creede School District
Elementary · 25.6 mi away
Ridgway High School
Secondary · 25.7 mi away
Ridgway School District R-2
School · 25.7 mi away
Ridgway School District R-2
School · 25.9 mi away
Ridgway Elementary School
Elementary · 25.9 mi away
Mountain Sprouts Preschool
School · 27.5 mi away
Telluride Elementary School
Elementary · 27.8 mi away
Telluride School District
Elementary · 28.0 mi away
Telluride Academy
School · 28.0 mi away
Telluride High School
Secondary · 28.0 mi away
Telluride Intermediate School
Elementary · 28.0 mi away
Telluride Mountain School
School · 31.1 mi away
Cottonwood Elementary School
Elementary · 41.1 mi away
Seasons Schoolhouse
School · 41.3 mi away
Gunnison High School
Secondary · 41.4 mi away
Gunnison Middle School
Secondary · 41.8 mi away
Commute Calculator
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|---|---|---|---|---|
| 100 Tall Pine Circle 4A, Grand Lake, CO | $419,900 | 2 | 2 | 843 |
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| 345 County Road 4624, Grand Lake, CO | $420,000 | 2 | 2 | 980 |
| 13226 E 103rd Ave, Commerce City, CO | $420,000 | 3 | 3 | 1,185 |
| 7931 Quince Street, Commerce City, CO | $420,000 | 4 | 2 | 1,580 |
Moving Cost Estimate
EXIT Agents in Lake City
Listing Courtesy: Hall Realty, Inc. - O: 970-944-8100
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Real Estate listings held by companies other than Hall Realty, Inc. contain that company's name.
Fair Housing Disclaimer
Date Last Updated
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