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True Grit Cafe - Western-Themed Restaurant 123 N Lena St 3,368 SF 100% Leased Retail Building Ridgway, CO 81432 $488,572 CAD ($145.06 CAD/SF)

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EXECUTIVE SUMMARY

The iconic True Grit Café is now available—a rare opportunity to own one of Ouray County’s longest-running and most beloved dining establishments. Operating continuously in the same prime location since 1985, this Western-themed restaurant is a local legend, drawing visitors year-round from Ridgway, Ouray, Telluride, Silverton, and beyond. Named in honor of the classic John Wayne film True Grit, which was famously filmed in the area, the café blends Old West charm with modern comfort. The menu features a crowd-pleasing mix of Western comfort food favorites, including delicious steaks, elk burgers, chicken-fried steak, gourmet mac and cheese, fresh salads, hearty soups and chilis—and yes, even Rocky Mountain Oysters. The two-level dining space includes a warm, inviting interior with a towering stone fireplace and rustic wood-and-iron finishes, plus outdoor seating perfect for Ridgway’s sunny seasons. Designed specifically as a restaurant by artisan builder Ted Meows, the building offers a seamless layout with a well-equipped kitchen, walk-in coolers and freezers, generous storage, and dedicated staff areas. This sale includes everything: the business name, furnishings, commercial kitchen equipment, historic memorabilia, menus, future bookings, advertising channels, and the outstanding reputation that keeps both locals and tourists coming back. While the lease is excellent, there may also be an opportunity to purchase the building. Whether you're an investor, chef, or restaurateur seeking a proven, profitable business in a vibrant Colorado mountain town, True Grit Café is your chance to own a piece of Ridgway’s legacy. Hey Partner--the separate catering business isn't for sale--Owner say's 'NO WAY!'
Iconic, Long-Running Restaurant (Est. 1985): Rare opportunity in prime Ridgway location.
Popular Western Theme: Named after "True Grit," attracting regional visitors.
Crowd-Pleasing Western Comfort Food Menu.
Inviting Two-Level Dining: Rustic interior with fireplace, plus outdoor seating.
Purpose-Built & Well-Equipped: Functional layout, full commercial kitchen.
Turnkey Sale: Includes name, furnishings, equipment, memorabilia, bookings, etc.
Established, Strong Reputation: Loyal local and tourist base.
Excellent Lease, Potential Building Purchase.
Proven, Profitable Business Opportunity: Ideal for investors/restaurateurs in a vibrant town.
Own a Piece of Ridgway's Legacy.
Business for Sale in Ridgway, Colorado
Owning a restaurant in Ridgway, Colorado, offers a unique opportunity to thrive in a picturesque mountain town with a strong sense of community and a steady stream of tourists. The stunning natural beauty and outdoor recreational activities draw visitors year-round, providing a consistent customer base. While the pace of life may be more relaxed, the demand for quality dining experiences remains high, allowing a well-run establishment to become a beloved local fixture and a destination for those exploring the region's charm and history. Please contact Todd Schroedel at 970-318-2160 or Email todd@sneffelsrealty.com
Listing ID: 05056-822840

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,368 SF
Building Class
C
Year Built
1986
Price
$488,572 CAD
Price Per SF
$145.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.10 AC
Zoning
Commercial - Historical Business in Town of Ridgway
Parking
11 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
25’ on Lena Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R001806
Land Assessment
$38,017 CAD
Improvements Assessment
$382,492 CAD
Total Assessment
$420,509 CAD
  • Listing ID: 35775544

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 123 N Lena St, Ridgway, CO 81432

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