About 700 Yampa Street A-103 & A-104
Located at the heart of Steamboat's vibrant downtown scene, Carl's Tavern offers a unique social and dining experience that draws both locals and visitors. Situated at the bustling intersection of 7th and Yampa, Carl's enjoys a prime location enhanced by recent upgrades to Yampa Street, extensive upgrades to the nearby ski area, the presence of three city parks, a pedestrian-friendly environment and festive LED Bistro lighting lining the street. Just across the street, the serene Yampa River flows, while beyond lies Howelsen Hill, the nation's oldest operating ski area, & Emerald Mountain, boasting 5,000 acres of top-notch biking & hiking trails. Carl’s Tavern was named to honor Carl Howelsen who started our Winter Carnival & founded the ski area that still bears his name. Carl's Tavern has been a beloved fixture in town since 2011 with over 1,000 glowing Google reviews. This listing includes the real estate for $3.995M ($930/sf) & the business for $1.3M, giving you control of your real estate costs over time & benefit from the growth of Steamboat. Your efforts to grow with Steamboat will be protected instead of worrying how much your lease will increase at the next renewal. In regards to CAP rate, business financials will be provided with an NDA. Inside, you'll find a spacious central bar, numerous TVs for sports enthusiasts & a family-friendly atmosphere. This turnkey operation not only generates substantial revenue it also offers a rare opportunity in Steamboat, as it comes complete with an experienced staff & prime real estate. Carl's Tavern spans 4,296 square feet, accommodating up to 148 guests indoors plus an inviting ~543-square-foot patio with seating for 40. The building, constructed in 2007, is maintained by a dedicated HOA so you can focus on your business & includes the added convenience of two reserved parking spaces in the garage. Steamboat is a unique mountain town with over 50% local ownership, providing Carl’s with more stable year round clientele.
