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Improved Commercial Land for Sale in Pine Grove, Colorado

16940 County Road 126, Pine Grove, CO 80470

$875,000
1.55 acres
Active sale
ago
Est $6,048/mo

Rare Commercial Property with versatile C-1 ZONING on 1.5 acres along the highly traveled County Hwy. 126 (Pine Valley Rd) – a key corridor to the Front Range’s top recreational destinations. Just 7 miles south of Highway 285, the property is anchored by Zoka's Restaurant, a beloved local landmark in the historic North Fork Valley of the South Platte River. C-1 zoning allows for a wide variety of uses: continue running a loved restaurant, or launch a brewery or distillery (water rights may be needed), café, medical facility, vet clinic, hardware store, entertainment venue, retail, liquor store/grocery or your own creative vision. This location draws tens of thousands of outdoor enthusiasts year-round for fly fishing, hiking, cycling, camping, 4-wheeling, cross-country skiing, Christmas tree cutting, and more. Nearby treasures include Pine Valley Open Space, Buffalo Creek Recreational Area, Staunton State Park, and Pike National Forest. This property currently features indoor and outdoor dining, a full-service bar, outdoor beer garden, expansive deck seating, stunning river and valley views, and ample parking. Sale includes furniture, equipment, and inventory if desired. Infrastructure highlights include a commercial well (2018), septic system (2006), and high-speed Neteo internet. 50 minutes from Denver, 80 minutes from ski resorts, and 90 minutes from DIA, this property balances mountain lifestyle with city access. Take advantage of a supportive local community and endless possibilities – whether continuing a thriving restaurant or creating your own vision. This is more than real estate; it’s a turnkey opportunity along a prime recreational and tourism corridor. Don’t miss out on this unique property with an incredible location and limitless potential. 10 acre parcel adjacent to property may be available for sale. Call our office to schedule and appointment.

4,086
Sq feet
1999
Built

Location

Street address
16940 County Road 126
Elevation
6,741 feet
Coordinates
39.4074, -105.3157

Property details

Acreage
1.55 acres
Zoning
C-1
MLS #
REcolorado 6594442
Posted

Property taxes

2024
$22,211

Parcels

  • 109916

Legal description

Resources

Details and features

Listing

Type
Commercial Sale
Subtype
Special Purpose
Current Use
Restaurant
Terms
Cash, Conventional

Community

Features
Fixtures/Equipment Included, Signage Included, Storage, Wi-Fi

Lot

Road Frontage
Public
Road Surface
Paved
Road Responsibility
Public Maintained Road
Well Type
Commercial

Exterior

Parking Spaces
50
Parking
Unpaved

Structure

Type
Low Rise (1-3)
Renovated
2006
Style
Rustic
Stories
1
Electric
220 Volts
Water
Well
Sewer
Septic Tank
Materials
Frame, Wood Siding
Roof
Composition

Interior

Security
Smoke Detector(s)

Property utilities

CategoryTypeStatus
PowerGridConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Apr 19, 2026New listing$875,000REcolorado
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This 1.55-acre property is located at 16940 County Road 126 in Pine Grove, CO 80470. The property is available for sale for $875,000. It has a 4,086 sq ft structure built in 1999.

Checked 2 hours ago — Updated

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REcolorado

Based on information submitted to the MLS GRID as of Apr 19, 2026 5:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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