$2,300,000
Active
15 Days Online
4 Beds4 Baths4,621 SQFT
Active

316 W Main Street New Castle, CO 81647

View all 33 Photos
Static map
Map
Virtual Tour

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

  • Property TypeSingle Family Home
  • NeighborhoodTownsite of New Castle
  • CountyGarfield
  • Taxes$3,092
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number183302
  • Home Size Source N/A
  • Year Built1894
  • Lot Size0.11 Acres
  • Full Baths2
  • Partial Baths2

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 316 W Main Street New Castle, CO 81647

2 weeks ago
2 weeks ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Style Other
  • Construction StoneFrameBrick
  • Parking 2 Car
  • Basement FinishedCrawl Space
  • Acreage 0.11
  • Water Public
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Utilities Natural Gas Available
  • Zoning C-1 Commercial
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Heating Wood StoveForced Air
  • Fireplaces 1
  • Fireplace Features Wood Burning
  • Fireplace Yes

Exterior Features

  • Roof Membrane
  • Lot Landscaped
  • Other Structures Outbuilding

Community Features

  • MLS Area New Castle

Mortgage Calculator

Monthly Payment (Est.)

$12,452
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 316 W Main Street New Castle, CO 81647