5 S Glasgow Avenue, Rico, CO 81332 (MLS# 43992)


$775,000
5 S Glasgow Avenue
Rico, CO 81332
MLS# 43992



Rico Theater & Cafe
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Rico Theater & Cafe Rico Theater & Cafe Street View Stage Stage Theater Bar Theater Bar Theater Bar Window Theater Bar Lounge Cafe Bar Cafe Bar Cafe Bar + Seating Commercial Kitchen Cafe Window Seating Upstairs Residential Upstairs Hallway Men's Restroom Projection Room Rico Theater & Cafe Rico Theater & Cafe Rico Theater & Cafe

Property Description
Travel back in time to the Rico Theater & Cafe, a nearly 8,000 sq ft. historic venue brimming with potential to usher in a new era of live music, dining, and community. An intimate bar operates independently or with the theater, while a classic American diner with a full commercial kitchen offers charming dining options. The infamous stage has hosted legends like JJ Cale, the Chicks & Leftover Salmon. According to the drummer of the Sam Bush Band, ''The Rico Theater is a sanctuary for live music - the kind of room every musician dreams of playing.'' The property includes FF&E, as well as a projection room with original carbon arc film projectors. With the possibility to add housing for artists or employees, this is a unique opportunity to revive a storied venue just 23 miles to Telluride.

Details
Listing & Location Info
Major Area: 80
Lot #: 3 + 4
Historical Qualifctn: No
Keywords Info
# Of Tenants: 0
Full Baths: 1
Half Baths: 4
General Info
Zoning: Residential/Commercial
Legal: RICO LOTS 3,4 BLOCK 1
Est Finished SqFt: 7950
Source SqFt: Assessor
Directions: From Telluride, 145 turns to S Glasgow in Rico. Building is on the west side of Main St.
Subdivision: None
Year Built: 1952
Financing Info
Taxes: 5214.38
Tax Year: 2024
RETT: None
Assessor's Acct #: 504736219020
Utility Info
Phone Lines: Regular Phone
Primary Heat: Gas Base
Disclosures
None: 1
Water
City: 1
Sanitation
Septic: 1
Open Area Parking
On Street Only: 1
Special Location
Main Street: 1
Electric
Power Company: 1
Extra Rooms
Storage: 1
Other: 1
Appliances
Commercial Kitchen: 1
Business Inclusions
Fixtures Included: 1
Listing Location Info
Current Price: $775,000
Sub-Type: Mixed Use
Area: Rico - 97 (Major Area 80)
Asking Price: 775000
Street #: 5
Street Direction Pfx: S
Street Name: Glasgow
Street Suffix: Avenue
City/Town: Rico
County: Dolores County
State/Province: CO
Postal Code: 81332
Status Change Info
Status: Active
Property Features
Disclosures: None
Sanitation: Septic
Electric: Power Company
Extra Rooms: Storage; Other
Open Area Parking: On Street Only
Appliances: Commercial Kitchen
Special Location: Main Street
Business Inclusions: Fixtures Included

IDX
Listing Office: Telluride Properties
Listing Agent: Anna Wilson

Last Updated: October - 14 - 2025

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