$1,300,000
( $471.53Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

300 W Third Street,Lake City, CO 81235

Lake City, CO 81235

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Description

Step Back in Time with New, Modern Amenities. The Wrangler Restaurant and Bar in Lake City, Colorado has a long and storied history. The locally quarried stone building was erected in 1881 and was first opened as the A. H. Avery & Company stationery and bookstore, but soon expanded its offering to candles, confections and exotics such as fruits and nuts. The firm further expanded to include jewelry, watch and clock repair, and engraving reflecting the increasing prosperity of the community as a mining town and destination city on the Denver and Rio Grande railway. In 1892 it was occupied as a meat market by W. S. Whinnery & Company and then gradually expanded to become a full-fledged general store. After 1895, the building served as a grocery store, a shoe store, a law office, and a newspaper office until 1912. The early 20th century brought the beginnings of its long bar and restaurant history, starting as the Log Cabin Inn, owned by the Wright family, and was one of the two storied downtown bars which provided food and late-night entertainment. In 1946 the building was sold to Jack Milner, who expanded the back of the building to create an even livelier bar and restaurant. The building was purchased by the Walker family in 1960 and became the Pinecone Saloon. Booey Bolger became the owner in the 1980s and 90s until the Hardilek's purchased it in 1997 and renamed it as the Highbridge Saloon. In the 2000s, the building was purchased by Drew Paschall and was renamed Restless Spirits. Finally, in 2022 the building was purchased by Loren Hill, an interior designer who had the vision to return it to its original Victorian glory, circa 1881, while maintaining it's rich 100-year bar and restaurant history. Restoration work started immediately, with the installation of a new heated roof, followed by replacement of the plumbing and electrical necessary to bring the building up to current building code. Then came the painstaking restoration and or replacement of flooring, walls, and ceilings with period-correct materials, including imported Italian marble tile and antique fixtures. Next, the basement coal chute and storage area were converted to an intimate dining area and wine cellar. Including a pizza prep area, a wait station in the dining room, and a large upstairs prep kitchen; installation of a new heating and air conditioning unit (making it the only bar and restaurant in Lake City with air conditioning for those frequently hot summer months); installation of modern security and fire monitoring systems. The doors officially opened in July of 2023, with a new name and logo. The name - The Wrangler - reflects Lake City's ranching history; and the logo - a capital W capped by antlers - reflects Lake City’s world-class hunting legacy. **The Bar is being removed

Details

MLS #817850
Listing TypeFor Sale
StyleBusiness
Building NameThe Wrangler
Sub-TypeResale
StatusActive
Year1881
Days On Site713
Listing Provided ByM4 Ranch Group, LLC | Michelle Murphy

Features

Bath(s)1
SQ Feet2,757
Story(s)3
Units1
Acreage0.04

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingElectric, Propane, Radiant Floor
FurnishedFurnished

Exterior

Exterior FeaturesPropane Tank Leased
RoofMetal
Security FeaturesSecurity System
Foundation DetailsBasement, Other

Parking

Parking FeaturesCommon

Utilities

UtilitiesElectricity Connected, High Speed Internet Available, Propane, Phone Available, Septic Available, Water Available

Other

List AorGunnison Crested Butte Association Of Realtors

Taxes

Property5857

Area Information

StateCO
CountyHinsdale
CityLake City
Zip Code81235
AreaLake City
Sourced by Back At You

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Learn More About This Property

StateCO
CountyHinsdale
CityLake City
Zip Code81235
AreaLake City
Sourced by Back At You
Listing Updated: July 24, 2026 at 10:14:30 AM PDT
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