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Commercial Mixed Use

$615,000

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Travel back in time to the Rico Theater & Cafe, a nearly 8,000 sq ft. historic venue brimming with potential to usher in a new era of live music, dining, and community. An intimate bar operates independently or with the theater, while a classic American diner with a full commercial kitchen offers charming dining options. The infamous stage has hosted legends like JJ Cale, the Chicks & Leftover Salmon. According to the drummer of the Sam Bush Band, ''The Rico Theater is a sanctuary for live music - the kind of room every musician dreams of playing.'' The property includes FF&E, as well as a projection room with original carbon arc film projectors. With the possibility to add housing for artists or employees, this is a unique opportunity to revive a storied venue just 23 miles to Telluride.

Asking Price:	$615,000 Status: Active
Bathrooms:	1 Full 4 Half Baths
Living Area:	7,950 SqFt. Source: Assessor
Year Built:	1952
City/Town:	Rico Main Street
Location:	Area: Rico - 97 (Major Area 80)
Address:	5 S Glasgow Avenue, Rico 81332 Main Street
Heating:	Gas Base Primary Heat:
Water Source:	City
Hoa Dues:	0.00/
Transfer Tax:	None
Property Tax:	$5,893 Paid in: 2025
Legal:	RICO LOTS 3,4 BLOCK 1
MLS #:	43992

Destination	Distance	Driving Time
Downtown Telluride:
Telluride Post Office:
Free Gondola:
Wilkinson Public Library:
Town Park:
Clarks Market:
Village Market:
Bear Creek Trailhead:

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