123 Grand Ave - Restaurant FOR SALE


Mancos, CO 81328
$625,000 USD
970-749-7671
123 Grand Ave, Mancos, CO for Sale
$625,000 USD
Restaurant - FOR SALE
1/24
null | Request Cap Rate

123 Grand Ave
Mancos, CO 81328


OVERVIEW

Awesome opportunity for investors with this extensively remodeled commercial property in the heart of historic and thriving Mancos. This longtime local landmark currently home to The Columbine Bar and Grill offers one of the premier locations in a growing and vibrant business district. The property features a well lit and spacious dining area with mahogany bar, tongue in groove aspen paneling and a privacy fenced back patio. The improvements to the building made in 2020-2021 were extensive and include some of the following: Removed and replaced roof, ceiling, electrical system, water lines and cooling and heating systems. Extensive enhancements to the kitchen and prep areas with improved walk in cooler and all new appliances. All of this including a replacement of the building front with double pane windows was done with respect for maintaining the historical integrity of this building originally constructed in 1910. The Columbine Bar and Grill business occupies the space as tenant and is not included in the sale.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$473 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

R004957

ASK ABOUT THIS PROPERTY

Bill StanleyUnited Country Blue Sky Homes and LandMore Info
970-749-7671

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

Bill StanleyUnited Country Blue Sky Homes and LandMore Info
970-749-7671

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