Turn-Key Restaurant & Apartments in the Heart of Crestone, Colorado Prime Mountain Town Location | Mixed-Use Investment Opportunity Welcome to a rare and versatile investment opportunity in the vibrant mountain town of Crestone, Colorado! This mixed-use property features a beloved Italian–Cuban restaurant on the ground floor and four well-maintained, fully leased apartments above — blending steady income with small-town charm in a central location. Whether you're an investor seeking dependable returns or a visionary entrepreneur ready to bring your own concept to life, this property is full of potential. Property Highlights: - 4 Residential Units (Upper Level): - The upstairs includes one private 1-bedroom, 1.5-bath apartment, perfect for an onsite manager or long-term tenant. - The remaining three individual 1-bedroom units share a thoughtfully designed common kitchen and dining area, along with a shared bathroom featuring separate toilet and shower rooms for added privacy and functionality. - All units are quiet, high-ceilinged, and feature large windows, exposed air ducts, and a clean, minimalist design that tenants appreciate. - A wrap-around upper-level deck is reserved exclusively for tenants, offering sweeping views of downtown Crestone and the stunning Crestone Peaks — a peaceful retreat and added value for renters. Restaurant Space (Main Level): - Turn-key and fully equipped, this restaurant is a local favorite, drawing both loyal patrons and seasonal tourists. - Flexible layout ideal for a new owner-operator or as a leased commercial space. Restaurant Equipment Includes: - 3 16” Pizza Ovens - 2 Fryers - Flat Top Grill with 6-Burner Propane Range - Walk in Fridge - Outdoor Gazebo and Covered Bar This property offers a unique blend of residential stability and commercial flexibility, located in a charming, walkable downtown setting with mountain views and strong community support. Whether you're looking to expand your investment portfolio or build something special in a one-of-a-kind location — 120 W Silver Avenue is worth a closer look.
