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An opportunity to own the oldest working tramway in the state of Colorado! This 10,800 sqft building is settled on a Forest Service lease on the top of Monarch Pass. With three sources of revenue, and a newly remodeled apartment, this business has experienced a 38% revenue growth since 2016. The gift shop items include clothing, jewelry, kid's toys, caps, winter accessories, rocks, clocks, pictures, Colorado made products, personal care items, etc. The food service started in 1954 when the business opened as a Greyhound bus stop. It was a restaurant to feed the bus riders while the buses cooled down. Today, the food service provides 10% of the revenue for the business. The Crest tramway was built in 1966. It ascends to over 12,000 feet in elevation to unmatched panoramic views of the Continental Divide and all the way to Pikes Peak on a clear day. Two Forest Service permits cover 3.05 & 2 acres. There are permits in place for the giftshop and tramway operations. Salida is now a Gateway Community for the Continental Divide Trail as well as Top destination for the Colorado Trail. The Monarch Crest parking lot is the gateway for many of these outdoor enthusiasts. Capitalize on the opportunity to own this historic attraction as Chaffee County and surrounding areas continue to grow for the foreseeable future!
Real Property Included
Newly remodeled - 1 Bed/1 Bath/Full Kitchen Apartment
Top of Monarch Pass in Chaffee County Colorado
Near Ski Resort - Monarch Ski Resort
25 minutes to Salida, CO
High Traffic Area
10,800 SF Building
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