316 West Main Street

New Castle, CO 81647

$2,300,000
Price
4
Beds
2
Baths
2
1/2 Baths
4,621 Sq. Ft.
$498 / Sq. Ft.
4,621
Sq. Ft.
$498
per Sq. Ft.

Description

Welcome to 316 W Main St. where you will find one of the more dynamic investment opportunities in New Castle and the Roaring Fork Valley! This mixed-use property contains two separate 2-bedroom apartments and a restaurant/bar serving arguably the best food and drinks in the area. In 2020, the bar addition was completed, adding a modern flare to this historical establishment and more space for the restaurant to expand and flourish. The layout of the property offers unlimited options for the next owner...Welcome to 316 W Main St. where you will find one of the more dynamic investment opportunities in New Castle and the Roaring Fork Valley! This mixed-use property contains two separate 2-bedroom apartments and a restaurant/bar serving arguably the best food and drinks in the area. In 2020, the bar addition was completed, adding a modern flare to this historical establishment and more space for the restaurant to expand and flourish. The layout of the property offers unlimited options for the next owner to either continue using as-is or expand the spaces and services to generate more revenue. EAT Bistro and Drinks is open four nights per week (Wednesday - Saturday) and they have established a strong reservation base along with consistent walk-ins. The quality of food and service provided by the current owners of EAT Bistro and Drinks has created a loyal following from New Castle to Aspen. The great vibe of this restaurant, the history and character of the building, and the flow and ambience of this space make this the perfect establishment to celebrate major milestones or your weekly night out. Originally built in 1894, it was known as the Rock Saloon when New Castle was first established as a coal mining town in the wild west. The name was derived from the stone used to erect the building, quarried from Mount Medaris, which is located directly behind the property in the heart of New Castle. The Rock Saloon operated as a bar and restaurant with a billiards room that extended off the back and a brothel located upstairs with its own separate entrance off of Main Street. The original part of the building has been meticulously maintained throughout the history of the property and many of the original finishes still exist. As you walk through, you will see the original hatch cover that accessed the basement during prohibition where drinking and all sorts of fun and illegal activities continued. The original door for the upstairs balcony still remains intact that led outside for the saloon girls to advertise and provide entertainment for cowboys and businessmen passing by. After the cowboys and businessmen conducted their serious business meetings in the brothel (wink wink), you will see where their cigarette butts fell off the windowsills and left burn marks on the wood floors. The stories this building can tell make it incredibly fun to visit. Whether you are enjoying the best food in the valley or visiting for a couple of nights in one of the two apartments, it will be an experience that leaves you wanting more. With the future new developments coming up in New Castle and the endless amounts of outdoor activities accessible in New Castle and the Roaring Fork Valley, this property is a must see. Call today to schedule a showing or even better, make a dinner reservation and experience everything the Rock Saloon has to offer! To watch property video, copy and past the following link:
https://www.youtube.com/watch? v=v_6Fdo0o4HE
  1. Listed by Mike Eaton • Slifer Smith & Frampton RFV • (970) 925-8088
  2. Listed by Lloyd Tucker • Slifer Smith & Frampton RFV

Property Details for 316 West Main Street

Property Faces
South
Style
Other
Fireplace: # Fireplaces
1
Sub/Loc
Townsite of New Castle
Garage
None

Location

Listing Courtesy of Slifer Smith & Frampton RFV, Mike Eaton; Slifer Smith & Frampton RFV, Lloyd Tucker
Add your commute
LISTING UPDATED: 04/18/2024 11:34 AM

Property Details for 316 West Main Street

StatusActive
MLS #183302
Days on Market16
Taxes$3,092 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1894
Lot Size0.11 AC / 4,791 SF
CountyGarfield County

Location

Listing Courtesy of Slifer Smith & Frampton RFV, Mike Eaton; Slifer Smith & Frampton RFV, Lloyd Tucker
Add your commute

Building Information for 316 West Main Street

Stories2Year Built1894Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$12,810 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 West Main Street

General Information
Location Details
  • Directions: Drive north off of New Castle Exit. Turn left at 4 way stop. Drive straight to 316 W Main.
Key Details
  • Acreage: Refer to Lot Size
  • Room Total: 0
General Details
  • Under Construction: No
  • Parcel #: 212331109020
  • Lot Size: 3,001 - 6,000
  • Lv Ht SqFt: 4,621.00
  • Zoning: C-1 Commercial
  • Total SqFt: 4,621.00
  • Lot Size Area: .11
  • Attached Garage: No
  • Unfinished SqFt: .00
  • General Info: Main Floor Master: Yes
  • General Info: Short Termable: Yes
  • General Info: Year Remodeled: 2020.0
  • General Info: Unit Faces: South
Feature Details
Feature Details
  • Water Source: Public
  • Association Fee Includes: Sewer
  • Roof: Membrane
  • Roof: Membrane: Yes
  • Exclusions: Full List will be delivered with Due Diligence Documents
  • Inclusions: Full List will be delivered with Due Diligence Documents
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Heating: Wood Stove, Forced Air
  • Parking Area: 2 Car
  • HOA Dues: $0
  • Condition: Excellent
  • Cooling: Yes
  • Heating: Yes
  • General Info:Levels: 2.00
  • Sanitation:Sewer: Yes
  • Fireplace Y N: Yes
  • Construction: Brick: Yes
  • Construction: Frame: Yes
  • Construction: Stone: Yes
  • Condition: Excellent: Yes
  • Water Rights: No: Yes
  • Extras: Landscaping: Yes
  • Extras: Outbuildings: Yes
  • Mineral Rights: No: Yes
  • Sign: Yes
  • Substructure: Crawl Space: Yes
  • Substructure: Finished Basement: Yes
Listing / Finance Information
Listing Information
  • Pre-Fabricated Home: No
  • Short Termable: Yes
  • Listing Info: Flat Fee: No
  • Listing Info: Short Sale: No
  • Listing Info: REO: No
  • Listing Info: Foreclosure: No
Financial Information
  • Tax Year: 2023
  • Metro Tax District: No
  • Keywords Info: Total HOA Fee Per Year: $.00
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: No
  • Financing Info: HOA Transfer Fee: No
  • Financing Info: Seller Will Trade: No

Property History for 316 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 316 West Main Street

Taxable ValueLand$14,870Additions$34,770Total$49,640
Tax Record2023$3,092 ($258 / month)
Home Facts
Total Finished SqFt2,028 SqFtAbove Grade Finished SqFt2,028 SqFtStories2Lot Size5,000 SqFtStyleMiscellaneous CommercialYear Built1890CountyGARFIELDAPN212331109020

Schools near 316 West Main Street

This home is within Garfield Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Elk Creek Elementary School
PublicPK to 5

Riverside School
Public6 to 8

Coal Ridge High School
Public9 to 12

Liberty Classical Academy
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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316 West Main Street is a single family home for sale in New Castle, CO 81647. This property was listed for sale on April 16, 2024 by Slifer Smith & Frampton RFV, it's currently listed at $2,300,000. It has been on the market for a total of 16 days and was last sold on March 15, 2011. This listing's school district is Garfield Re-2 School District. Nearby schools include Elk Creek Elementary School, Riverside School and Coal Ridge High School. 316 West Main Street is a 4-bed, 3-bath, 4,621 sqft single family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Slifer Smith & Frampton RFV, Mike Eaton; Slifer Smith & Frampton RFV, Lloyd Tucker

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 04/15/2024 06:00 PM through 05/02/2024 09:11 AM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/18/2024 11:34 AM