Active

2250 Apres Ski WAY C315

Steamboat Springs CO, 80487

$5,945,000


$1,163.86 per sqft

Active

5,108 sqft

Commercial

Built in 2009

Now below comps & seller is looking for an offer. Truffle Pig is in the best dining location at the base of the Steamboat Ski area & Alterra's $200M in upgrades makes this a strategic location. Owning the restaurant and real estate gives the opportunity to take costs of future lease increases to your bottom line. You also get to avoid the time, investment & uncertainty of building, staffing, & starting a new restaurant. Truffle Pig is located in the center of the base area within a few hundred feet of the 2 new high capacity gondolas & one high speed 6 pack lift that serve the base. It is in the center of the prime lodging area with the vast majority of short term rentals. Steamboat's STR capacity was over 20,500 in 2022 with several new luxury condo buildings planned at the base. It is hard to picture where another restaurant could be built with better proximity to more people & any new restaurant at the base is likely to only be for lease. Easy access with free valet parking & close proximity to base area lodging. Significant transportation improvements are in process including a higher capacity gondola from the Meadows lot & a new transportation center. There are only two fine dining restaurants at the base area with limited opportunity for more. It's quicker & more convenient to dine at Truffle Pig than in town, so this location is likely to benefit from visitor growth & limited supply. There is 5,108 sf of finished space that seats 175 inside with a large bar, plus 100 seats on the patio with a view up the mountain. Truffle Pig has a loyal customer base & has over 1,000 reviews on Open Table. Construction at the base in the summer has either limited or shut down ski area operations for the last 4 years . Full operations now that the upgrades are complete, have the potential to provide a good boost in business levels to the next owner. Real estate for $4.95M ($969/sf) and Business for $995,000. Financials available with an NDA.

SS6582815

MLS ID

October 6, 2023

Listed

September 13, 2024

Updated

Map

2250 Apres Ski WAY C315
Steamboat Springs CO, 80487

Other Property Details

Area Name

Mountain Area


Taxes

$29,557


Tax Frequency

Annually


Days on Market

299


Garage

No


Parking Total

0


View

No


County

Routt


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/19/2024

Price change

$5,945,000

-10%

4/18/2024

Price change

$6,600,000

-11%

3/23/2024

Price change

$7,350,000

-4%

 

Courtesy of The Steamboat Group, Jon Wade,
Listing Contact: (970) 819-6930 

The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Neither listing broker(s) nor Michelle Parilla shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:42 PM UTC, 9/13/2024

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