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.
Active
Price cut: $160K (3/30)
$615,000
5 S Glasgow Avenue, Rico, CO 81332
0beds
7,950sqft
Est.:
Stick Built
Built in 1952
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
Full commercial kitchen
- 161 days |
- 631 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Anna Wilson 970-708-7159,
Telluride Properties LLC
Source: CREN,MLS#: 829708
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 5
- Full bathrooms: 1
- 1/2 bathrooms: 4
Features
- Furnished: Yes
Interior area
- Total structure area: 7,950
- Total interior livable area: 7,950 sqft
Property
Details
- Parcel number: 504736219020
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Condition
- New construction: No
- Year built: 1952
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rico
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $248,600
- Annual tax amount: $5,214
- Date on market: 11/4/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,286/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Price change | $615,000-20.6%$77/sqft |
Source:  CREN #829708 Report a problem | ||
| 11/4/2025 | Listed for sale | $775,000+82.4%$97/sqft |
Source: CREN #829708 Report a problem | ||
| 3/8/2021 | Sold | $425,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,556 +43.7% | $69,359 |
| 2023 | $3,866 +12.6% | $69,359 +12% |
| 2022 | $3,434 -0.4% | $61,944 +39.3% |
| 2021 | $3,447 +0.1% | $44,456 -1.8% |
| 2020 | $3,443 -2.6% | $45,263 |
| 2019 | $3,536 | $45,263 -3.4% |
| 2017 | -- | $46,878 -3.3% |
| 2016 | -- | $48,493 |
| 2015 | -- | $48,493 -71.9% |
| 2014 | -- | $172,785 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,128/mo
Principal & interest
$3005
Property taxes
$123
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Climate risks
Neighborhood: 81332
Nearby schools
GreatSchools rating
- 2/10Seventh Street Elementary SchoolGrades: PK-5Distance: 48 mi
- 3/10Dove Creek High SchoolGrades: 6-12Distance: 48 mi
Schools provided by the listing agent
- Elementary: Rico K-8
- Middle: Rico K-8
- High: Telluride 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Dolores County
- Rico
- 81332
- 5 S Glasgow Avenue
Nearby cities
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