Fully leased mixed-use investment property located in the heart of downtown Steamboat Springs on highly visible Lincoln Avenue. The 3,250 SF building is home to the popular Seedz Restaurant, a well established and successful business that has operated at the location for nearly a decade.
The property consists of a restaurant and commercial kitchen space plus a 2 bedroom, 1 bathroom apartment, along with a large basement and storage area included in the commercial lease. The property is fully leased on a NNN structure, providing stable income with minimal landlord responsibilities. The separated units offer two individual streams of income and provides flexibility for a future owner and/or operator.
The site features excellent frontage and visibility along Lincoln Avenue and includes a private off street parking lot, plus dedicated parking for the residential unit. The location offers easy walking access to the Yampa River, Core Trail, Little Toots Park, and the shops and amenities of downtown Steamboat Springs.
Located within Steamboat’s Green Zone, the residential apartment qualifies for short term rental use, offering potential for additional income growth. With strong in place cash flow and future rental upside, 1117 Lincoln Avenue represents a compelling opportunity to own a high quality downtown investment property in Steamboat Springs’ most desirable commercial corridor.
Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Trash Collection, Water Available
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1961
Roof
Membrane
PARKING SPACES
10
Parking Features
Parking Lot
CITY
Steamboat Springs
SUBDIVISION
No Defined Development
COUNTY
Routt
AREA
Downtown Area
STATE
CO
SUB AREA
Unknown
TAX AMOUNT
6579.6
LATEST UPDATE
2026-05-22T20:14:35.102Z
PRICE CHANGE(S)
$1,495,000 Mar 16, 2026
Property Details
Property TypeCommercial Sale
StatusActive
MLS #S1066423
HeatingForced Air
CoolingCeiling Fan(s)
Utility FeaturesCable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Trash Collection, Water Available
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1961
RoofMembrane
PARKING SPACES10
Parking FeaturesParking Lot
CITYSteamboat Springs
SUBDIVISIONNo Defined Development
COUNTYRoutt
AREADowntown Area
STATECO
SUB AREAUnknown
TAX AMOUNT6579.6
LATEST UPDATE2026-05-22T20:14:35.102Z
PRICE CHANGE(S)
$1,495,000 Mar 16, 2026
Market Trends
New Properties On Market
104
41%
Increase In New Listings
Average Asking Price
$2,044,111
$358,566 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$915
$60 Increase In List Price/Sq. Ft.
Average Days On Market
6
17 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.