Turnkey Business - Monarch Crest Giftshop, Tramway & Food Service

0 Acres - 24500 W Highway 50, Salida, Colorado 81201

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Property Description

MLS 6146350

NEW LISTING: 24500 West Highway 50, Salida CO
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, this business has experienced a 38% revenue growth since 2016. The gift shop items include clothing, jewelry, kid’s 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!

  • 05 & 2 Acres Forest Service Permits
  • 10,800 SF; Built in 1988
  • Turnkey Business
  • Gift Shop / Food Service
  • Tramway To Continental Divide
  • Borders National Forest
  • Expansive Parking Directly on Highway 50
  • Located At The Top Of Monarch Pass
  • Taxes: $134 Annually
Basic Details
Property Type : Rural Business
Listing Type : For Sale
Listing ID : 163007
MLS#: : 6146350
Price : $1,475,000
View : Mountains
Year Built : 1988
Acres : 0 Acres
Features
Borders National Forest
Electricity
Address Map
Country : US
State : CO
County : Chaffee County
City : Salida
Zipcode : 81201
Street Address : 24500 W Highway 50
Terrain : Mountainous
Zoning : Commercial
Directions :

From Salida, head West on Highway 50. The property is located 17 out of town at the top of Monarch Pass.

Longitude : W107° 40' 31.7''
Latitude : N38° 29' 50.7''
Rural Business For Sale
  • Listing ID : 163007
  • Acres : 0 Acres
$1,475,000
View Agent’s Properties and Profile:
First Colorado Land Office
7385 W. US Hwy 50
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