442 Lincoln Avenue
Property Overview
ASKING PRICE
$6,700,000
ADDRESS
BUILDING SQ FT.
ZONING
YEAR BUILT
FRONTAGE
442 Lincoln Avenue Steamboat Springs, CO 80487
8,401 SQ FT (finished) 10,833 Total (w/ basement)
Commercial Old Town (COT) Mixed-use · Retail · Office · Residential
2004
Lincoln Avenue Primary commercial corridor
PARKING
40 off street spaces on 5th street and 3 along Lincoln Avenue. The property also benefits from access to the adjacent Routt County Building lot on evenings and weekends, providing additional overflow capacity.
442 Lincoln Avenue is positioned on one of the most sought-after blocks in downtown Steamboat. Frontage along Lincoln Avenue, the city’s primary commercial corridor, provides exceptional daily exposure, consistent year-round activity, and strong visibility for both the current tenant and any future use.
Three Separate Units • Flexible use rights in Units B and C support a range of retail, office, or restaurant/bar concepts, subject to City zoning, permitting and liquor licensing. • Current operating business (Steamboat Ski & Bike Kare) provides a transitional cash-flowing use in Units A and C, with optionality to reposition over time.
UNIT A
UNIT B
UNIT C
Workshop / Service
Office / Tech Center
Retail / Flagship
Currently operating as a bike service
Professional office configuration with
Two-level retail showroom with high
and repair workshop with street-level
conference room, open workspace,
ceilings and prominent Lincoln Ave.
access.
and storefront entry. Currently
frontage. Home to Steamboat Ski &
occupied by Brunk Technology Center.
Bike Kare.
Downtown Commercial Zoning DEVELOPMENT OPPORTUNITY
Downtown commercial property remains one of Steamboat’s most limited asset classes. With steady demand from local operators, regional brands, and new concepts, and very little new commercial construction, well-positioned Lincoln Avenue properties continue to appreciate. Zoning allows for a range of commercial and mixed-use concepts, making 442 Lincoln Avenue suitable for investors, developers, and long-term holders seeking a generational foothold in Steamboat’s core commercial district. Building height (residential)
38 ft max
Building height (public)
42 ft max
Floor area ratio
200% max
Dwelling units per lot
No max
Lot coverage
No max
Front setback
0 ft min / max
Lot area
3,000 sf min – 22,000 sf
max
COMMERCIAL OLD TOWN (COT)
The COT zone district provides for commercial uses complementary to the traditional character of downtown in terms of scale, streetscape, and pedestrian orientation. It emphasizes active commercial uses at grade, retail, service, restaurants, and lodging while accommodating office and residential uses that support the active streetscape.
Steamboat Demographics
~13,600
~6,000
2.2
ESTIMATED POPULATION
HOUSEHOLDS
AVG HOUSEHOLD SIZE
ROUTT COUNTY
2020
2021
2022
2023
2024
% CHG
Travel Spending ($M)
670.7
545.5
628.3
661.8
678.1
+2.5%
Earnings ($M)
198.5
246.2
283.1
305.8
315.6
+3.2%
Employment (jobs)
3,950
4,510
4,780
5,030
5,110
+1.6%
Local Taxes ($M)
26.9
21.2
24.4
35.0
37.2
+6.1%
State Taxes ($M)
9.5
14.0
15.8
16.7
17.1
+2.5%
Source: Dean Runyan Associates for Colorado Office of Tourism · Routt County Travel Impacts
Steamboat Springs combines small-town scale with mountain-town affluence. Average household incomes and home values significantly exceed state averages, reflecting a highly affluent resident base and strong second-home ownership. These fundamentals contribute to a resilient commercial environment and support long-term stability for downtown property owners.
Full Steam Ahead
#2
Second-largest ski resort in Colorado
3,700+
Skiable acres at Steamboat Mountain
3.16 mi
Wild Blue Gondola, among the longest in N. America
$200M+
Alterra capital invested in resort improvements
Steamboat’s position as a leading four-season destination drives consistent visitor demand and supports vibrant downtown commercial activity year-round. The continued resort investment reinforces long-term property values throughout the Lincoln Avenue corridor.
Travel to Steamboat The combination of strong seasonal air service and reliable yearround highway access makes Steamboat one of the most conveniently reached mountain destinations in the Rockies, supporting consistent visitor demand and vibrant downtown activity.
6 Airlines · 17 Nonstops Yampa Valley Regional Airport (HDN) in Hayden, approximately 22 miles (30 min) from downtown. Winter nonstops from LA, Chicago, Dallas, NYC, Boston, Atlanta, and more.
3 Hours from Denver Located approximately 3 hours by car from Denver International Airport, providing reliable year-round highway access for drive-market visitors.
PRESENTED BY
The Steamboat Group 442 Lincoln Avenue · Steamboat Springs, Colorado
JW
DH
LA
Jon Wade
Derek Hodson
Lindsey Adams
970.819.6930
970.819.2034
970.716.3690
jon@thesteamboatgroup.com
derek@thesteamboatgroup.com
Lindsey@thesteamboatgroup.com