121 E 2nd Ave - Storefront Retail/Office FOR SALE


Niwot, CO 80544
$3,495,000 USD
303-641-3377
121 E 2nd Ave, Niwot, CO for Sale
$3,495,000 USD
Storefront Retail/Office - FOR SALE
1/23
null | 5.52% Cap Rate

121 E 2nd Ave
Niwot, CO 80544


HIGHLIGHTS

  • Heavy foot traffic in downtown Niwot
  • Comfortable seating, ambient lighting, and a relaxed yet refined atmosphere.
  • Spacious and inviting patio makes it a go-to spot for alfresco dining, perfect for enjoying Colorado’s beautiful weather.

OVERVIEW

Call listing agent for OM brochure and information. Located in historic Niwot, 121 2nd Avenue, originally known as the White House, offers a rare chance to own a beautifully restored fine-dining establishment with rich history and modern upgrades. The building underwent a meticulous renovation in 2013, transforming it into the highly successful 1914 House, a thriving fine-dining restaurant. Thoughtful updates preserved its character. Spanning three distinct areas, property features a spacious dining area, a stylish bar, an open chef's kitchen, and two modern restrooms. The upper level offers additional dining, a private wine room, an office, and a restroom, along with flexible space for tastings, private events, or culinary education. The covered patio is one of Boulder County's top outdoor dining spots, boasts a retractable awning, fire pit, and raised herb gardens for nearly year-round al fresco dining. The restaurant presents outstanding growth potential. It's an ideal venue for weddings, conferences, and special events, aligning with Niwot's reputation as a destination, especially with its 150th anniversary celebration set to boost tourism. Previously operating just five evenings a week (4-8 PM) with two seatings per night, 1914 House maintained high demand, often turning away private event requests. Expanding to include lunch, Happy Hour, and brunch presents a lucrative opportunity. Located at the entrance of 2nd Avenue, just off the Diagonal Highway, the restaurant enjoys high visibility, easy access, and ample free parking. Recently inspected and fully equipped, this turnkey investment is ready for new ownership-whether continuing under the 1914 House brand or launching a new concept. Potential rental income $192000 with NNN Lease. Call Listor for details. A fantastic opportunity to own a landmark restaurant in the thriving community of Historic Old Town Niwot. Projected potential rental income based on NNN lease. Easy to show - Listing agent to attend all showings. Other Important features: 10 sewer taps, state-of-the-art fire safety measures, and a high-volume professional kitchen. Main floor (3958 sf) currently seating 102 with capacity of 146. Upper Level (1984.5 sf) currently seating 46 with capacity of 72. Large Patio with retractable awning and fire-pit (2034.5 sf) currently seating 58 with capacity of 91. Currently furnished for 206 covers with 309 potential. $32.47 per square foot base rent based on the restaurant's leasable area, not total area, plus approx. $50,000 per year NNN. Call for details. Great opportunity in historic downtown Niwot.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$588 USD /SF

CAP RATE

5.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

NRCD-1, County

APN/PARCEL ID

1317254-06-002

ASK ABOUT THIS PROPERTY

Joel RipmasterSlifer Smith & Frampton Real EstateMore Info
303-641-3377

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Joel RipmasterSlifer Smith & Frampton Real EstateMore Info
303-641-3377

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.