The owners of Bucking Rainbow Outfitters have purchased a portion the historic Boggs building at 730 Lincoln Ave.
John and Jarrett Duty intend to move their business across the street into the 5,700-square-foot space, but will occupy only 3,700 square feet. John Duty said they have identified a tentative buyer for the remaining portion of the former hardware store.
Bucking Rainbow is a full-service fly-fishing shop that also offers lines of clothing and home accessories. The business offers guided fishing and white-water rafting trips.
The Duty brothers bought the portion of the red brick building formerly occupied by Boggs Hardware. Their purchase does not involve two commercial condominiums in the same building owned by Geeks Garage. The upstairs condo is occupied by SpringSips, and the downstairs unit recently was leased by Northwest Data Services.
Last week's transaction involved a double sale -- The Duty brothers bought the building from Jeff and Kristi Brown, owners of two restaurants. That sale closed immediately after the Browns closed on their purchase with original owner Doug Boggs.
The Browns had reached a deal to buy the former hardware store building with the intent of opening an Italian restaurant in the space. In March, they decided to buy the existing Mambo Italiano restaurant instead, and set about looking for a new purchaser of the Boggs Building.
The Boggs family opened their hardware store in 1939. The store was owned by Bob and Cathleen McCullough when it closed in February 2003.
The building was being remodeled in the summer of 2003 by Paul Brown (no relation to Jeff and Kristi) who had plans to convert it into a restaurant and club. But that business, "The Round Room," never opened.
Boggs Hardware was the second oldest operating store in Steamboat, surpassed only by F.M. Light & Sons, which opened in 1905.
John Duty said he and his brother have been looking for an opportunity to purchase a retail building in downtown Steamboat without having to buy an existing business. He declined to give the purchase price but said he can own the Boggs hardware space for a little more than his rent across the street.
The new location will give him more space in which to display merchandise and, for the first time, warehouse space, he said. He also will be able to relocate his rafting business into a garage off the alley to the rear of the Boggs Building, Duty said.
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