517 Second Street, Crested Butte, CO 81224
Gunnison County
Key Facts
Description
The Slogar Bar & Restaurant has been part of the fabric of Crested Butte since 1983. This iconic restaurant is being offered for sale, presenting an extraordinary opportunity to acquire a turnkey, operational, profitable business with deep community roots and enduring appeal. Plenty of on-site parking and a living quarters above the restaurant, that can be used for employee housing, are also included in the lease. Operating from an 1882 building just off Elk Avenue, Slogar offers an experience steeped in authenticity. Since its founding in 1983, the restaurant has perfected a simple, concept: family-style dinners, the most famous is hand-fried chicken, together with classic sides. Generations of visitors return year after year for home-cooked comfort. The sale of the business includes the established brand, all recipes, furnishings, fixtures, equipment, point-of-sale systems, inventory, and a strong, well-trained staff capable of seamless continuity under new ownership. The restaurant’s reputation, location, and loyal clientele add significant intangible value. Slogar also enjoys top ratings across major review platforms. The operation is currently open for dinner service four nights per week, leaving immediate room for expansion into lunch, brunch, or event catering. With seating for 325 people, a full bar, generous kitchen layout, and proven margins, Slogar offers both dependable cash flow and future growth potential for an owner-operator or investor seeking a business in a thriving resort town. This is not just a restaurant purchase; it’s the continuation of a Crested Butte tradition.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Living Area
3,026 sq ft
Parking Spaces
6
MLS® Listing#
829212
Property Features
Parking
Utilities
Water Source
Financial Details
Annual Taxes
$17,241
Tax year 2024
Parcel Number
325503154018
Directions
517 Second St, Town of Crested Butte, CO
Affordability Calculator
$97,400
Estimated monthly payment
$2,592/mo
Principal $389,600 · Est. interest $543,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crested Butte, CO
- $1,000,000
- Median Listing Price
- 89
- Median Days on Market
- 1,470
- Median Sq Ft
- $958
- Median Price / Sq Ft
- 247
- Active Listings
- This home’s price is 51% below the area median.
- Its price per sq ft is 83% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crested Butte, CO.
Location
Points of Interest in Crested Butte, CO
Showing the Crested Butte area map.
Nearby Schools
Crested Butte Elementary School
Elementary · 0.6 mi away
Little Red Schoolhouse
Elementary · 6.8 mi away
Marble Charter School
School · 17.9 mi away
Gunnison Middle School
Secondary · 21.9 mi away
Lake School
School · 22.0 mi away
Gunnison High School
Secondary · 22.3 mi away
Seasons Schoolhouse
School · 22.5 mi away
Aspen Country Day School
Secondary · 22.8 mi away
Aspen High School
Secondary · 23.5 mi away
Aspen School District
Elementary · 23.5 mi away
Aspen Elementary School
Elementary · 23.5 mi away
Aspen Middle School
Secondary · 23.5 mi away
Aspen Mountain Tots
School · 24.1 mi away
Little Red School House
Elementary · 24.2 mi away
Aspen Community School
Elementary · 29.2 mi away
Paonia Elementary School
Elementary · 32.7 mi away
Paonia High School
Secondary · 32.9 mi away
Basalt High School
Secondary · 33.8 mi away
Basalt Middle School
Secondary · 34.5 mi away
Basalt Elementary School
Elementary · 34.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD White Stallion Circle, Crested Butte, CO | $349,000 | — | — | — |
| 18 Crystal Road 2C, Mt. Crested Butte, CO | $350,000 | 1 | 1 | 492 |
| 4482 Bryant Avenue, Crested Butte, CO | $350,000 | — | — | — |
| 419 Sixth Street 205 & 207, Crested Butte, CO | $350,000 | — | — | 589 |
| 116 Meadow Drive, Crested Butte, CO | $350,000 | — | — | — |
| 701 Gothic Road 143, Mt. Crested Butte, CO | $360,000 | 1 | 1 | 406 |
Moving Cost Estimate
EXIT Agents in Crested Butte
Listing Courtesy: Crested Butte Resort Real Estate - O: 970-275-2355
FULL CREN Disclaimer
Real Estate listings held by companies other than Crested Butte Resort Real Estate contain that company's name.
Fair Housing Disclaimer
Date Last Updated
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